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.

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