8/33 Selborne Road Toorak VIC 3142

8/33 Selborne Road Toorak VIC 3142
3 bed apartment | 160sqm | boutique block of 9 | architect interior | Toorak address | no price listed This property occupies a rare position in Toorak: a genuinely spacious three-bedroom apartment in a small, secure block with an architectโ€™s touch. The 160sqm floorplate, combined with a separate study and two side-by-side car spaces, places it well above the typical apartment offering in this suburb. For a buyer seeking a lock-and-leave home with genuine room to live, rather than a compact pied-ร -terre, this is a competitive option. The Nicholas Day interiors and marble finishes signal quality that holds value, and the buildingโ€™s small size (nine units) implies lower turnover and more considered ownership. It suits an owner-occupier who values space, design, and a quiet address within walking distance of Toorak Village and good schools. The main risk is the absence of a price guide: without one, the buyer must gauge whether the vendorโ€™s expectation aligns with the $2.21 million estimated value, and whether any premium for the architect design or balcony outlook is justified. The 2005 last sale date suggests a long-held property, which may mean the vendor has a low cost base and room to negotiate, but also that deferred maintenance or outdated systems could surface. The buyer should commission a building inspection and review body corporate records for sinking fund adequacy. If acquired at or near estimate, this property offers a stable hold with potential for modest capital growth driven by Toorakโ€™s low supply of large apartments. Use it as a primary residence; its configuration and location are not optimised for rental yield.

Independent, Unbiased Research Report for this property by PropCred Analyst teamย 

WhatsApp
Copy link
URL has been copied successfully!
FbMessenger
WeChat

Market Insight:

Toorak is a prestigious, established suburb with a high owner-occupier presence, primarily driven by affluent, professional households. Recent market conditions show a divergence, with house prices experiencing a correction while the unit segment demonstrates relative resilience. Future growth is underpinned by its enduring appeal and proximity to the city, though the market faces headwinds from reduced sales volumes and sensitivity to broader economic factors.
WhatsApp
Copy link
URL has been copied successfully!
FbMessenger
WeChat

PropCred Estimated Value

Bedrooms

3

Bathroom

2

Parking

2

Land

1567mยฒ

Assessments Delivered Today

WhatsApp
Copy link
URL has been copied successfully!
FbMessenger
WeChat