708/5-7 Yarra Street, South Yarra, VIC 3141

$320,000

  • 1

    BED

  • 1

    BATH

High Yield Investment!

Set in South Yarra's prime location, apartment 708 enjoys easy access to bustling cafes and restaurants, upscale shops and convenient public transport. It is also a short walk to the famous Chapel / Toorak Road precinct.

This stylish one bedroom one bathroom residence enjoys open plan living that looks out into a huge balcony. A private and low maintenance outdoor area allows endless opportunities for entertaining or even just to relax. The kitchen is fully equipped with stainless steel appliances including a wall oven and dishwasher. Escape into a generously sized bedroom with ensuite to unwind after a busy day.

Currently leased to Punthill Apartment, this is their flagship hotel, South Yarra Grand. With rental income of $20,634 per year, 1719.50 per month or 395.72 per week currently, and yearly CPI increase, this investment property will provide you with a rental income for many more years to come.

Features:
• Excellent return on investment
• Use of facilities including boardroom, spa and gym.
• South Yarra train station just up the road
• Large and private balcony
• Reverse cycle split system
• European appliances including dishwasher and oven

BUY NOW
  • METHOD OF SALE

    Exclusive

  • ADDRESS

    708/5-7 Yarra Street

    South Yarra VIC 3141

  • UPCOMING INSPECTIONS

    By Appointment

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Sales Agents

Tze Chan

An honest, highly driven and enthusiastic agent, Tze Chan is an asset to those looking to sell their property for a premium price. With over seven years of experience in residential and commercial property sales, Tze brings a valuable skill set to his role as Sales and Business Development Manager at Network Pacific Real Estate. As Tze puts it “I get great satisfaction from helping clients achieve their property goals and ensuring every vendor and purchaser receives constant feedback throughout the sales process.” Fluent in Chinese (Mandarin and Cantonese) and Malay, Tze’s formula for success is built upon his exceptional communication and interpersonal skills, local market knowledge and in depth understanding of the sales process. Drawn to Network Pacific for its innovative processes and ongoing education and training, Tze has proven himself as an outstanding sales agent and experienced negotiator. Tze has a Bachelor’s Degree in Business Studies from the University of Technology Sydney and is a REIV member. Collapse

Tze Chan

An honest, highly driven and enthusiastic agent, Tze Chan is an asset to those looking to sell their property for a premium price. With over seven years of experience in residential and commercial property sales, Tze brings a valuable skill set to his role as Sales and Business Development Manager at Network Pacific Real Estate. As Tze puts it “I get great satisfaction from helping clients achieve their property goals and ensuring every vendor and purchaser receives constant feedback throughout the sales process.” Fluent in Chinese (Mandarin and Cantonese) and Malay, Tze’s formula for success is built upon his exceptional communication and interpersonal skills, local market knowledge and in depth understanding of the sales process. Drawn to Network Pacific for its innovative processes and ongoing education and training, Tze has proven himself as an outstanding sales agent and experienced negotiator. Tze has a Bachelor’s Degree in Business Studies from the University of Technology Sydney and is a REIV member. Collapse

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