12/77 River Street, South Yarra, Vic 3141

$340,000

Apartment
Type
1
Bedrooms
1
Bathrooms
1
Parkings

Published on Thursday, June 25, 2026 ( See property details for 12/77 River Street, South Yarra, Vic 3141)

$340,000

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

A modern, low-maintenance one-bedroom apartment in South Yarra offering excellent rental potential and a prime inner-city lifestyle.

🏡 Property Highlights

  • Exceptional location in the heart of South Yarra, close to major amenities and transport links
  • Strong rental demand from professionals, executives, and students
  • Low owners corporation fees under $4,000 annually, reducing holding costs
  • Estimated rental income of $500–$550 per week, offering attractive returns
  • Thoughtfully designed, light-filled open-plan living and dining area
  • Ideal for both investors seeking high cash flow and owner-occupiers

✨ Key Features

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

South Yarra is Melbourne’s premier lifestyle precinct, renowned for its vibrant café culture, boutique shopping, and excellent transport links. The suburb offers a dynamic mix of entertainment, green spaces along the Yarra River, and proximity to Melbourne’s CBD. Its strong rental market attracts professionals, students, and executives, ensuring consistent demand. The area’s high walkability and access to amenities make it an ideal location for both tenants and owner-occupiers. With a thriving community and excellent lifestyle options, South Yarra remains one of Melbourne’s most desirable suburbs.

What are the ongoing costs associated with this apartment?
The owners corporation fees are approximately $4,000 per annum, with total annual outgoings including council and water rates being less than $7,000, making it a cost-effective investment.
Is the apartment suitable for tenants such as students or professionals?
Yes, the apartment’s modern design, convenient location, and low-maintenance layout make it highly attractive to young professionals, corporate tenants, and students.
What features does the apartment include to ensure comfort and security?
The apartment features security screens, fly screens, a well-appointed kitchen, and a light-filled open-plan living area, providing both comfort and security for tenants.
How close is the property to public transport and amenities?
The apartment is within walking distance to South Yarra Station, Chapel Street, Toorak Road, cafes, restaurants, shopping precincts, and the Yarra River trails, offering excellent connectivity and lifestyle options.
What is the potential return on investment for this property?
With an estimated purchase price of approximately $340,000 and rental income of $500–$550 per week, the property offers a strong rental yield and attractive cash flow for investors.
Are there any upcoming or planned developments in the area that could affect the property’s value or appeal? What are the specific strata or owners corporation rules and any additional fees not mentioned? Are there any restrictions or easements on the property that could impact future renovations or use? Has the property been recently renovated or does it require any repairs or upgrades? Is there any history of flooding, bushfire risk, or other environmental hazards in the area? Are there any current or upcoming plans for infrastructure or construction nearby that could cause noise or disruption? What are the total costs involved in purchasing and maintaining the property, including stamp duty and legal fees? Are there any strata or body corporate levies or special assessments planned? Is the property compliant with all building and safety regulations? What is the long-term growth potential of the South Yarra market in this price range?

12/77 River Street, South Yarra, Vic 3141 - More Details

$340,000

Type
Apartment
Bedrooms
1
Bathrooms
1
Parkings
1

Price guide

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Interactive Property Floorplan - 12/77 River Street, South Yarra, Vic 3141

12/77 River Street, South Yarra, Vic 3141
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