With a potential rental return of $450 per week you could achieve a gross rental yield around 8%.
This studio apartment offers an easy lifestyle in one of South Yarra's most sought-after locations. Situated just moments from the vibrant Toorak Road and Chapel Street, you'll have immediate access to some of Melbourne's best shopping, dining, and entertainment. South Yarra Train Station is within easy reach, while the serene Botanic Gardens and Fawkner Park are only a short stroll away, providing a peaceful retreat from city life.
Boasting a desirable North-West aspect, the apartment enjoys beautiful views towards the city skyline, offering an inviting space to relax and unwind. The studio features a well-appointed compact kitchen, a stylish bathroom with a European laundry, and the added convenience of a secure car space.
As part of the Punt Hill apartment hotel, residents benefit from exceptional security and the assistance of friendly, professional staff available at the lobby. Whether you're seeking a comfortable home base or a prime investment opportunity, this apartment offers an unbeatable location and a wonderful living experience.
