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Back 711/9 Balmoral Street
Off Market

711/9 Balmoral Street

South Yarra VIC 3141

1
1
1
Apartment
Nick WaltersNick Walters, last sold this property on 12 November 2025 after 140 days on market.

Overview

PRIME ENTRY LEVEL SOUTH YARRA INVESTMENT APARTMENT... PLUS 60 DAYS OWNER'S USE PER YEAR !

Offering the preferred Northerly aspect, this 50 square meter Ground Level one-bedroom apartment features an open plan living and dining area with fully equipped kitchen. The generous bedroom offers BIR's and is adjacent to the well appointed bathroom with separate laundry and storage cupboard. Split system heating and cooling, good security and one secure carpark is also on title. NB. THIS IS FOR THE ASTUTE INVESTOR ONLY - NOT FOR OWNER OCCUPATION. Your investment apartment has Quest as a secure long-term tenant offering a continuous income stream with substantially reduced outgoings and currently an impressive $352 pw rental return. Owners also have the option to stay up to 60 nights per year in their apartment (conditions apply) Located in the heart of South Yarra, in the midst of fashionable Chapel Street and Commercial Road, behind the Prahran Market and the myriad of fantastic restaurants and cafes that the precinct has to offer, this Blue Chip investment opportunity is surely worthy of consideration for your property portfolio. IMPORTANT INFORMATION: RENT: $18,320 pa ($352 / week approx.) INCREASE: July 2026 + 3% July 2027 + 3% July 2028 + 3% July 2029- Market Review. RETURN: 6.8% Gross 6.1% Nett LEASE: Until July 2029 OPTIONS: Six further 5 year options OUTGOINGS: Tenant (Quest) Pays: Owner's Corp Fee Building Insurance Owner Pays: Council Rates $1,085 pa Water Rates $695 pa Inspection can be arranged by private appointment. For further details please contact: Nick Walters of Kingsford Property - 0438 557 885 nick@kingsfordproperty.com.au Disclaimer: Although every care has been taken in the preparation of the above information, we stress particulars herein are for information only, and do not constitute representation by the Owner or the Agent. This information has been provided by third parties. We do not accept any responsibility to any person for its accuracy and do no more than pass it on. We urge all interested parties to conduct their own due diligence and seek independent professional legal advice to ensure this information is accurate.

Features

1 bedroom
1 bathroom
1 carspace
Apartment

Estimated Value

Based on this property and similar 1 bedroom apartments sold in South Yarra over the last 12 months, the estimated median property value of 711/9 Balmoral Street is $377.25k.

Median value
$377.25k
Estimated value range
$135k - $830k
Median days on market
30
Estimated value trend
2%
increase over the last 12 months
Average days on market is based on recent, comparable sales in South Yarra. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 711/9 Balmoral Street

2025
Sold
Undisclosed
Private Sale/Treaty on 12 Nov 2025 by Nick Walters, of Kingsford Property

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 50 reviews in South Yarra over the last 12 months.

Local market activity for 1 bedroom apartments in South Yarra

In the last 12 months, 268 one-bedroom apartments similar to 711/9 Balmoral Street, have been sold.

This represents a 11% increase in one-bedroom apartments sales when compared to the previous 12 months.

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Grant Wallace

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Dion Besser

Sellers who recommend Dion Besser have praised them for being local expert, clear communication, supportive, dedicated, responsive, honest and great negotiation

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