708/5-7 Yarra Street, South Yarra, VIC 3141
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, $1,719.50 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.
• 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
METHOD OF SALE
708/5-7 Yarra Street
South Yarra VIC 3141
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