42 Darling Street

South Yarra VIC 3141

Block of units

Currently for sale - view listing

Overview

Twelve Apartments. One South Yarra Opportunity

Expressions of Interest Closing Tue 6 Oct 3.30pm. An entire South Yarra apartment building offered as a whole, 42 Darling Street presents an exceptional opportunity to secure twelve individually strata titled, two bedroom apartments in one of Melbourne's most consistently sought after rental locations. Eleven of the twelve are currently leased, providing an established income stream from day one, together with the flexibility to hold, enhance or progressively sell the apartments individually over time. Each residence follows a split level two bedroom format, with spacious living and dining, kitchen, private balcony, double bedrooms with built in robes and its own undercover car space. The individual titles add another dimension to the investment, giving a purchaser the freedom to retain the building as a substantial residential holding or consider a staged sell down in the future. South Yarra Station and Toorak Road are within an easy walk, with the Yarra River and its walking and cycling trails, the Royal Botanic Gardens and South Yarra's extensive dining and retail precinct all close at hand. Excellent transport and exceptional walkability continue to underpin strong tenant demand in this tightly held inner Melbourne location. Hold the twelve, progressively enhance them or sell individually over time. With eleven apartments currently leased, twelve strata titles and a position that continues to attract renters and owner occupiers alike, 42 Darling Street presents a substantial South Yarra investment with income, flexibility and genuine long term potential.