5/274 Williams Road Toorak VIC 3142

Toorak apartment | 3-bedroom floorplan | 2 secure car spaces | rare under-market entry point. This property offers a rare configuration advantage in Toorak: a genuine three-bedroom apartment with two secure car spaces, positioned within walking distance of the village. For buyers seeking a foothold in this premium postcode without paying the detached house premium, the floorplan competes directly with older-style townhouses at a fraction of the entry cost. The separate kitchen, central bathroom with laundry, and powder room make it suitable for downsizers, young families, or investors targeting the stable Toorak rental market. The leafy outlook and natural light are genuine differentiators in a suburb where many apartments face streets or neighbouring walls. The primary risk is the flood overlay, which may affect insurance costs and future renovation scope, though no heritage or bushfire constraints apply. The listing price sits well below the suburb median for three-bedroom units, suggesting either a motivated vendor or a property requiring cosmetic refresh—both opportunities for a buyer prepared to act decisively. The 959m² shared lot and low number of properties in the complex imply reasonable body corporate fees and limited future development pressure. Hold this property as a long-term residential base or a low-maintenance rental; its location and layout will retain demand across market cycles.