For Sale

708/7 Yarra Street, South Yarra, VIC, 3141

$300,000-$330,000

1
1

Apartment

1 day on the market

What's around 708/7 Yarra Street

Secure South Yarra Investment | Approx. 8.1% return | Long-Term Lease

An outstanding opportunity for investors seeking secure, low-maintenance income in one of Melbourne’s most sought-after inner-city locations. Positioned in the heart of South Yarra, this recently refurbished property is securely leased to Punthill Yarra, providing investors with consistent rental income backed by an established hotel accommodation operator. Investment Highlights: Price Guide: $300,000–$330,000 Current rental income: approximately $24,445 per annum Attractive rental yield of approximately 8.1% Secure 5-year lease Lease commenced 5 August 2024 Lease expiry 4 August 2029 Established hotel accommodation operator Consistent rental payment history No need to source or manage a residential tenant Prime South Yarra location close to Chapel Street, Toorak Road, South Yarra Station and the Yarra River The tenancy ledger confirms the current monthly rent of $2,037.06, effective from 5 August 2026. Offering an attractive rental return, secure lease and highly sought-after South Yarra location, this is an ideal set-and-forget investment for buyers focused on reliable cash flow and long-term income security. Private Inspection Only For further information or to arrange a private inspection, please contact: Jensen Woo 0434 262 188

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