6/2-4 Lansell Court, Toorak VIC 3142

North-facing corner | boutique block of eight | rear building position | elite Toorak cul-de-sac The property’s competitive strength lies in its scarcity: a north-facing corner apartment in a block of only eight units, positioned at the rear for privacy and light. This configuration is rare in Toorak’s luxury unit market, where larger blocks and compromised orientations are common. For a buyer seeking a low-maintenance, high-amenity residence in a premier postcode, the combination of two car spaces, refined proportions, and a quiet tree-lined street creates a defensible position against newer, noisier developments. It suits downsizers or professionals who prioritise location and exclusivity over square footage. The principal risk is the property’s age,27 years,which may require capital expenditure on common property or building systems not immediately visible. This cost is partially offset by the boutique block’s likely higher owner-occupier ratio and lower turnover. The recent sale at $2,550,000 provides a transparent floor for value, and the current guide suggests a slight discount, offering a narrow but real negotiation window. Hold as a long-term residence or a low-effort, high-rental-yield holding in a market where Toorak units have appreciated 19% in the past year.