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305/60 Garden St

South Yarra VIC 3141

1
1
Apartment
Currently for sale - view listing

Overview

Investment Opportunity in the Heart of South Yarra

Secure a high-performing investment in one of Melbourne's most sought-after inner-city locations. Positioned within a purpose-built student accommodation complex, this fully furnished apartment offers a hassle-free addition to any investment portfolio with a strong rental return and a long-term lease already in place. Currently leased at $370 per week ($1,608 per month) until 19 January 2027, the property provides immediate income and peace of mind for investors seeking a set-and-forget asset. Property Features: Securely leased until 19/01/2027 Rental income of $370 per week Fully furnished student accommodation apartment Open-plan living, study and sleeping zone Functional kitchenette with ample storage Private bathroom Split-system heating and cooling Secure building with resident facilities Low-maintenance investment opportunity Prime South Yarra Location Situated in the vibrant heart of South Yarra, residents enjoy easy access to: Chapel Street shopping, dining and entertainment precinct South Yarra Train Station Trams and public transport options Royal Botanic Gardens and Fawkner Park Melbourne CBD, universities and major education providers Purpose-built student accommodation continues to benefit from strong demand due to its affordability, convenience and proximity to Melbourne's leading educational institutions. Whether you are an experienced investor or looking to enter the student accommodation market, this property presents an excellent opportunity to secure a well-located asset with an established rental stream.

Features

1 bedroom
1 bathroom
Apartment

Happy sellers in South Yarra

82%
82% 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 52 reviews in South Yarra over the last 12 months.

Local market activity for 1 bedroom apartments in South Yarra

In the last 12 months, 280 one-bedroom apartments similar to 305/60 Garden St, have been sold.

This represents a 6% increase in one-bedroom apartments sales when compared to the previous 12 months.

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