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 consistent rental income backed by an established hotel accommodation operator.
Investment Highlights:
Price guide: $300,000–$330,000
Current rent: $2,037.06 per month
Annual rental income: approximately $24,444.72
Gross rental yield: approximately 7.4%–8.1%
Net annual income after owner-paid outgoings: approximately $21,464.03
Net rental yield: approximately 6.5%–7.2%
Secure five-year lease
Lease commenced: 5 August 2024
Lease expires: 4 August 2029
Established hotel accommodation operator
No need to source or manage a residential tenant
Outgoings Paid by the Owner:
Council rates: $1,149.64 per annum
Water rates: $704.00 per annum
Owners Corporation Maintenance Fund: $1,127.05 per annum
Outgoings Paid by the Tenant:
Owners Corporation Administration Fund
General property maintenance
Building insurance
This means the owner is not responsible for the Owners Corporation Administration Fund, general maintenance or building insurance under the current lease.
The tenancy ledger confirms the current rent of $2,037.06 per month, effective from 5 August 2026.
Offering an attractive return, clearly defined owner outgoings and a secure lease, this property is an ideal set-and-forget investment for buyers focused on reliable cash flow and long-term income security.
Conveniently located close to Chapel Street, Toorak Road, South Yarra Station and the Yarra River.
Private Inspections Only
For further information or to arrange a private inspection, please contact Jensen Woo on 0434 262 188.
