1209/7 Yarra Street, South Yarra, Vic 3141-Image

For Sale

1209/7 Yarra Street, South Yarra, Vic 3141

1209/7 Yarra Street, South Yarra, Vic 3141

$319,000

Apartment

Type

Bedrooms

Bathrooms

Parkings

Published on Tuesday, June 16, 2026 ( See property details for 1209/7 Yarra Street, South Yarra, Vic 3141)

$319,000

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

Martin Russell 0417005302

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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 one-bedroom serviced apartment in the heart of South Yarra, offering a secure, low-maintenance investment opportunity with reliable income and strong location appeal.

🏡 Property Highlights

Refurbished one-bedroom serviced apartment in a prime South Yarra location
Secure investment with a gross return of 8.22%
Leased to established operator Veriu with a fixed lease until August 2029
Located within the prestigious Punthill South Yarra Grand complex
Close to Toorak Road, Chapel Street, and public transport options
Low-maintenance, income-producing property ideal for investors

✨ Key Features

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

Suburb and Property Insights of South Yarra, VIC 3141

South Yarra is a vibrant and highly sought-after Melbourne suburb renowned for its trendy shopping, dining, and entertainment options. It offers excellent public transport links, proximity to the CBD, and a lively lifestyle. The area features a mix of luxury apartments, historic homes, and lush parks, making it ideal for both residents and investors. Its strong rental demand and high-end amenities ensure a premium living experience and investment potential.

Frequently Asked Questions

What are the key features of this investment property?

This property is a refurbished one-bedroom serviced apartment with secure parking, open-plan living, built-in robes, ceiling fans, and high-speed internet readiness, located within a reputable complex in South Yarra.

What is the current lease term and rental income?

The property is leased until August 2029 with an annual rent of $26,229, providing a gross return of 8.22%.

Is this property suitable for owner occupation?

No, this property is designated as an investment only and is not suitable for owner occupation.

What are the ongoing costs for owners?

Owners are responsible for the Owners Corporation Maintenance Fund ($866.96 p.a.), council rates ($1,220.60 p.a.), and water rates ($704.32 p.a.).

What makes South Yarra a desirable location for investment?

South Yarra offers a vibrant lifestyle with excellent shopping, dining, and entertainment options, strong public transport links, and high rental demand, making it a prime location for property investment.

What to ask about this property to agent?

Are there any upcoming strata or owners corporation fee increases or special levies planned? 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 options for renewal or early termination? Are there any additional costs or fees not disclosed, such as management fees or special levies? Has the property been recently renovated to meet current building standards? Are there any noise or nuisance issues from neighboring properties or nearby infrastructure?

1209/7 Yarra Street, South Yarra, Vic 3141 - More Details

$319,000

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

Three Dimensional Virtual Tour - 1209/7 Yarra Street, South Yarra, Vic 3141

1209/7 Yarra Street, South Yarra, Vic 3141 - Point Of Interest

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Your Commute at a Glance: 1209/7 Yarra Street, South Yarra, Vic 3141

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1209/7 Yarra Street, South Yarra, Vic 3141

$319,000

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