7/46 Darling Street, South Yarra VIC 3141

2-bedroom flat in South Yarra | 88sqm on a 645sqm lot | carport included | reliable NBN and 5G coverage This property offers a rare configuration edge for a flat: an 88sqm internal footprint on a substantial 645sqm lot, which is unusually generous for a two-bedroom unit in this suburb. The size gives genuine living space, not a shoebox, and the carport adds practical daily value. Positioned in the Stonnington school catchment, it suits a downsizer or a professional couple wanting room to breathe without a house. The listing range sits above the independent estimate, which signals the seller’s expectation may be optimistic, but the physical dimensions and location create a defensible position if negotiated below the lower guide. The primary risk is the absence of sales history and floor plans, which forces a buyer to rely on inspection alone for layout quirks or condition issues. Without heritage or flood overlays, the due diligence burden is lower, but the lot size suggests potential for future subdivision or redevelopment—though zoning is residential, so any yield would be long-term. The price gap between listing and estimate means overpaying is the real cost; a buyer should anchor offers near the $670,000 mark and walk if resistance is high. Hold this as a solid owner-occupier base or a steady rental play, not a flip.