55 Commercial Road, South Yarra, Vic 3141

LATEST
Medical/Consulting
For Sale: $3,950,000 - $4,245,000
For Sale: $3,950,000 - $4,245,000
Published on: 06 Nov 2026
Last updated on: 06 Nov 2026
55 Commercial Road, South Yarra, Vic 3141
55 Commercial Road, South Yarra, Vic 3141
55 Commercial Road, South Yarra, Vic 3141
+21
55 Commercial Road, South Yarra, Vic 3141
  • 21
  • 1
Property ID: 505275360
Translate to English

Key property information

Land Size
316.00 m2
Floor Area
533.00 m2

Landmark South Yarra Corner Holding - Medical, Commercial & Residential Opportunity

55 Commercial Road, South Yarra, Vic 3141
A rare opportunity to secure a substantial and highly prominent corner property in one of Melbourne's most sought-after inner-city locations.

Commanding a prime position at the corner of Commercial Road and Tyrone Street, this architecturally distinctive Hal Walter-designed property presents an exceptional opportunity for medical practitioners, professional owner-occupiers, investors and business operators seeking a versatile property with both commercial and residential appeal.

Set across two substantial levels, the property offers the potential for professional or commercial accommodation downstairs, complemented by expansive private residential living upstairs.

The ground floor features its own independent street entrance and a flexible configuration of multiple rooms, office space, reception potential and kitchen facilities. Offering an exciting proposition for medical consulting suites, specialist practices, allied health professionals, professional offices or business headquarters, the layout provides considerable flexibility for a range of potential uses, subject to relevant planning and statutory approvals.

The upper level provides substantial residential accommodation, featuring expansive living and dining areas, a gourmet kitchen, four generously proportioned bedrooms and a spectacular rooftop terrace with panoramic 360-degree views across Melbourne's skyline.


PROPERTY HIGHLIGHTS

• Vacant possession – ready for the incoming purchaser.
• Prominent corner position with dual street frontage and access.
• Housing Choice and Transport Zone – Schedule 1 (HCTZ1).
• Flexible two-level configuration.
• Independent ground-floor entrance and versatile office accommodation.
• Potential for medical suites, consulting rooms and professional offices, subject to approvals.
• Substantial upper-level residential accommodation.
• Secure multi-vehicle garaging.
• Lift access and extensive storage.
• Heating and cooling throughout.
• Architecturally designed by Hal Walter.
• Spectacular rooftop terrace with panoramic city views.


PREMIUM SOUTH YARRA LOCATION

Exceptionally positioned in close proximity to The Alfred Hospital, this property offers an appealing location for medical practitioners, specialist consultants and allied health professionals.

Also moments from Fawkner Park, Prahran Market, Chapel Street and Greville Street, with convenient access to city-bound transport, the property enjoys an enviable position within one of Melbourne's most established inner-city precincts.

Offering a compelling opportunity for medical practitioners, professional owner-occupiers, commercial investors and those seeking to combine business premises with residential accommodation, this is a distinctive South Yarra holding offering exceptional flexibility and potential.

A landmark address. A versatile configuration. Vacant possession. An outstanding opportunity to secure a significant South Yarra property.

Property Details

Basic Info

Property Type
Medical/Consulting
Listing Status
On Market
Land Size
316.00 m2
Address
55 Commercial Road, South Yarra, Vic 3141

Floorplans and tours

Floorplan
Leonard Persichetti
Leonard Persichetti
Lucy Redman
Lucy Redman
327 Glen Huntly Road, Elsternwick, Vic 3185
Get in touch
Report this page

Contact Agent

Email enquiry to RT Edgar - Glen Eira

Leonard Persichetti
Leonard Persichetti
Lucy Redman
Lucy Redman
327 Glen Huntly Road, Elsternwick, Vic 3185
What's your enquiry about?
      By clicking "Submit", you accept our Privacy Policy and acknowledge that as the agent for this property is located overseas, your information may not be handled in accordance with the privacy laws applicable to this website.

      Property ID: 505275360

      Original Property ID: 505275360
      * THIS SERVICE MAY CONTAIN TRANSLATIONS POWERED BY GOOGLE. GOOGLE DISCLAIMS ALL WARRANTIES RELATED TO THE TRANSLATIONS, EXPRESS OR IMPLIED, INCLUDING ANY WARRANTIES OF ACCURACY, RELIABILITY, AND ANY IMPLIED WARRANTIES OF MERCHANTABILITY, FITNESS FOR A PARTICULAR PURPOSE AND NONINFRINGEMENT.