1001/5-7 Yarra Street, South Yarra, VIC 3141
Stylish South Yarra Investment Opportunity
This very spacious studio apartment is securely leased to Punt Hill South Yarra and provides a great investment opportunity.
Stylishly appointment throughout, the apartment features an extra-large balcony, built-in wardrobe/storage and modern kitchen with stainless steel oven, dishwasher, cooktop and separate preparation bench. There is a sleek bathroom with laundry facilities, reverse cycle heating/cooling and room for a work desk/study area. Guests enjoy the convenience of an on-site gymnasium and conference facilities.
Ideally located in a quiet street off Toorak Road and close to a multitude of boutique shops, restaurants and cafes. Toorak Road trams and South Yarra Station are just a short walk away. The apartment is the ideal base to access Melbourne CBD, the MCG, AAMI Park, Melbourne Tennis Centre, Chapel Street and Church Street, Richmond.
Currently securely leased for a 15-year term, providing excellent returns and increases. The property is currently achieving a rental return of $17,460.48 per annum, with CPI rental increases per annum.
This attractive property could be the jewel in your investment portfolio. Contact Silvana Di Camillo to arrange a private inspection or for further information on (03) 9816 4722.
METHOD OF SALE
1001/5-7 Yarra Street
South Yarra VIC 3141
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