20/9 Balmoral Street, South Yarra, VIC, 3141 - Apartment Sold on 11 08 2025

SoldAug 11, 2025

20/9 Balmoral Street, South Yarra, VIC, 3141

Amount undisclosed

74 m²

Apartment

•

30+ days on the market

Sold: Aug 11, 2025

What's around 20/9 Balmoral Street

HUGE 7.1% RETURN ! ENJOY $35,500 ANNUAL RENTAL + BONUS OF 60 DAYS OWNERS USE PER YEAR.

Positioned with South/Easterly aspect, the apartment's lower level features an open plan living area consisting of lounge room leading to Juliette balcony, dining and kitchen area with separate laundry and storage cupboard; while the second level offers two bedrooms with BIR's and two bathrooms - one as en suite to the main bedroom. Split system heating and cooling, good security and the advantage of 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 $682 pw rental return. Owners also have the option to stay up to 60 nights per year in their apartment (conditions apply - please refer to Clause 9 of the lease) 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: $35,500 pa ($682 / week approx.) INCREASE: July 2026 + 3% July 2027 + 3% July 2028 + 3% July 2029- Market Review. RETURN: 7.1% Gross 6.7% Nett LEASE: Until July 2029 OPTIONS: Five further 5 year options OUTGOINGS: Tenant (Quest) Pays: Owner's Corp Admin Fund Building Insurance Owner Pays: Council Rates $1,339 pa Water Rates $685 pa Owner's Corp Maintenance Fund: NIL 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: PLEASE NOTE SOME IMAGES MAY BE GENERIC AND NOT OF THE EXACT LOT. 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.