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102/51 Garden St

South Yarra VIC 3141

1
1
Studio
Currently for sale - view listing

Overview

Modern, Fully Furnished Apartment. High Yielding Student Accomodation Investment

Perfectly positioned investment just moments from vibrant Chapel Street, this well-presented, fully furnished apartment offers an outstanding opportunity to enjoy one of Melbourne's most sought-after lifestyle locations. Surrounded by renowned cafés, restaurants, boutique shopping, supermarkets and the Jam Factory, everything you need is right at your doorstep. Currently leased returning a potential 10% net income this one has to be considered. With excellent public transport options nearby, including trains and trams providing easy access to the CBD and surrounding suburbs, the location also offers convenient access to a number of nearby universities and educational institutions. Property Features: * Fully furnished studio or one-bedroom apartment * Private kitchen with gas cooktop * Modern ensuite bathroom * Select apartments include a private balcony * Electric heating * Built-in wardrobe * Study desk and chair * Bookshelf * Single bed with mattress * Under-bench refrigerator * Microwave, toaster, kettle and rice cooker included Building Features: * Secure intercom entry * Lift access * Communal laundry with washing machines and dryers (coin operated) * Secure bicycle storage * Resident common room This high returning investment wont last long! Please note: This property is Council-permitted Student Accommodation and is available only to eligible students.

Features

1 bedroom
1 bathroom
Studio

Happy sellers in South Yarra

81%
81% of sellers in South Yarra reported that their sale price either exceeded or met their price expectations.

South Yarra stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 50 reviews in South Yarra over the last 12 months.

Local market activity for 1 bedroom studios in South Yarra

In the last 12 months, 2 one-bedroom studios similar to 102/51 Garden St, have been sold.

This represents a 34% increase in one-bedroom studios sales when compared to the previous 12 months.

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