Positioned on the ground floor of a quiet boutique complex on a peaceful residential no-through road, this light-filled one-bedroom apartment represents a turnkey, high-yield opportunity in a prime blue-chip growth corridor. A secure, low-maintenance portfolio addition, the residence offers an attractive Rental Estimate of $485 – $510 per week and an impressive Gross Rental Yield of up to 7.9%.
Designed to maximize tenant appeal, space, and natural light, the layout features a bright open-plan living and dining area, a generous double bedroom with built-in robes, a central bathroom, split system heating/cooling, secure intercom entry, and access to communal laundry facilities. Freshly updated with brand-new carpet and new blinds, it is fully refreshed and ready for immediate, hassle-free tenancy. Crucially for tenants with vehicles, the property is eligible for residential parking permits.
The premier South Yarra location guarantees consistently high tenant demand and minimal vacancy rates. Situated moments from Toorak Road and Chapel Street, occupants enjoy immediate access to world-class dining, fashion boutiques, popular cafes, Prahran Market, and the Royal Botanic Gardens. With South Yarra Station and city-bound trams just a short stroll away, the seamless commute to the Melbourne CBD makes this an enduring, capital-growth asset for any astute investor.
