G4/52 Darling Street, South Yarra VIC 3141

Ground-floor unit | private balcony | shared pool & gym | moments to Chapel Street & transport This ground-floor apartment presents a competitively priced entry into a high-amenity South Yarra location, directly accessing the suburb’s vibrant lifestyle. Its private balcony and modern kitchen align with contemporary expectations, while the building’s shared pool and gym enhance appeal without premium pricing. This unit best serves a value-focused buyer, such as an investor seeking yield or an owner-occupier prioritizing location over views, as the ground-level position typically trades outlook for immediate convenience and lower entry cost. The primary risk is the unit’s ground-floor aspect, which typically commands a price discount versus higher floors due to reduced privacy and outlook, a cost reflected in the provided value estimates. The strong rental demand within the building, however, signals a reliable income opportunity. Acquire this property as a long-term hold for its land component in a large 1533m² strata plot, leveraging its rental appeal while banking on location-driven capital growth. Recent sales in the building indicate a stable market: – 205/52 sold for $405,000 in early 2026, demonstrating consistent long-term growth from its 1998 purchase. – G7/52 was purchased for $410,000 in August 2025. These transactions, alongside active rentals near $545 per week, establish a credible value benchmark between $405,000 and $410,000 for a one-bedroom unit in this building, supporting the lower-end market estimates for this ground-floor position.