1111/7 Yarra Street, South Yarra, Vic 3141

For Sale

1111/7 Yarra Street, South Yarra, Vic 3141-Image

1111/7 Yarra Street, South Yarra, Vic 3141

$440,000

Apartment

Type

Bedrooms

Bathrooms

Parkings

Published on Friday, April 17, 2026 ( See property details for 1111/7 Yarra Street, South Yarra, Vic 3141)

$440,000

View the agent price guide.

Lucas Russell - Real Estate Agent - Kingsford Property - SOUTH YARRA

Lucas Russell Senior Property Consultant

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AI Property Insight

AI-generated summary for guidance only. We can’t guarantee accuracy -please verify all details independently before deciding.

A modern, refurbished two-bedroom serviced apartment in the heart of South Yarra offering secure, low-maintenance living and strong investment potential.

🏡 Property Highlights

Refurbished two-bedroom, two-bathroom serviced apartment in a prime South Yarra location
Secure investment with a gross return of 7.79% and consistent income stream
Leased to an established operator with a lease until August 2024 and a 5-year renewal option
Located within the prestigious Punthill South Yarra Grand complex with secure car parking
Recently updated with new carpet, fresh paint, and window furnishings
Close proximity to Toorak Road, Chapel Street, and excellent public transport options

✨ Key Features

Built-in Robes
Open-Plan Living
Security Screens / Gates
Fly Screens
Internal Laundry
Outdoor Area / Balcony
Garage / Secure Parking
Waterfront / Views
NBN / High-Speed Ready
Extra Storage (Shed/Linen)

Suburb and Property Insights of South Yarra, VIC 3141

South Yarra is a vibrant Melbourne suburb renowned for its trendy shopping, dining, and entertainment options. It offers excellent public transport links, proximity to the CBD, and a highly sought-after lifestyle. The area features a mix of luxury apartments, historic homes, and lush parks, making it ideal for investors and residents alike. With its dynamic atmosphere and strong rental demand, South Yarra remains a premier location for property investment.

Frequently Asked Questions

What are the key features of this serviced apartment?

This apartment features two bedrooms, two bathrooms, secure parking, open-plan living, internal laundry, and recent updates including new carpet and fresh paint.

What is the current rental income and lease term?

The property generates an annual rent of $34,292.52, leased until August 2024 with a 5-year renewal option.

Is the property suitable for long-term investment?

Yes, with a gross return of 7.79% and a lease with an established operator, it offers a reliable, income-producing investment.

What amenities are nearby?

The property is close to Toorak Road, Chapel Street, public transport, shopping, dining, and entertainment options.

Are there any ongoing owner or community costs?

Yes, owners contribute to the Owners Corporation Maintenance Fund, council rates, and water rates, totaling approximately $3,396.52 annually.

What to ask about this property to agent?

Are there any upcoming strata or owners corporation special levies planned for the complex? Has the property been inspected for any structural or pest issues? Are there any restrictions or easements affecting the property? What are the zoning regulations and potential development restrictions in this area? Is the property located in a flood or bushfire-prone zone? Are there any planned developments or construction projects nearby that could impact the property? What are the terms of the lease, and are there any restrictions on sub-leasing or modifications? Are there any additional costs or fees not disclosed, such as management fees or special levies? Has the property been compliant with all building and safety regulations? What is the history of the property's maintenance and any recent repairs or upgrades?

1111/7 Yarra Street, South Yarra, Vic 3141 - More Details

$440,000

Type: Apartment
Bedrooms: 2
Bathrooms: 2
Parkings: 1

Price guide

View Statement Of Information

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1111/7 Yarra Street, South Yarra, Vic 3141 - Point Of Interest

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1111/7 Yarra Street, South Yarra, Vic 3141

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