44 Tivoli Road, South Yarra VIC 3141

Renovated Victorian on 444sqm | Cassandra Walker design | Heritage overlay in Stonnington | Minutes from station and tram The property’s competitive strength lies in its rare combination of a freestanding Victorian home, a substantial 444sqm lot with only 47% building coverage, and a high-calibre contemporary renovation by Cassandra Walker. For a buyer seeking a turnkey residence in a premier treelined pocket of South Yarra, this configuration offers immediate amenity and future flexibility. The heritage overlay protects the streetscape but does not constrain the generous rear garden or the existing floorplan, which includes a study and two car spaces. This property best serves a professional couple or small family prioritising location, architectural quality, and low-maintenance living within walking distance of South Yarra station and Toorak. The heritage overlay introduces approval risk for any future external alterations, and the 9m roof height may limit upper-level expansion without significant cost. The building’s 207sqm footprint is efficient but not expansive, meaning a buyer seeking a larger family home may find the internal space constrained. The opportunity lies in the underutilised land: the 53% uncovered site could accommodate a rear extension, pool, or landscape upgrade, adding value without altering the heritage facade. The property should be held as a long-term primary residence or repositioned via a sensitive rear addition to capture further capital growth in a tightly held Stonnington corridor.