{"Slug":"apartment-1209-7-yarra-street-south-yarra-vic-3141","CanonicalUrl":"https://realsearch.com.au/apartment-1209-7-yarra-street-south-yarra-vic-3141","Address":"1209/7 Yarra Street, South Yarra, Vic 3141","Suburb":"South Yarra","State":"VIC","Postcode":"3141","PropertyType":"Apartment","Status":"Sold","Headline":null,"Description":"Located within Punthill South Yarra Grand, this refurbished one bedroom,  serviced apartment with car park offers a secure, income producing investment.Recently refurbished with new carpet, fresh paint and window furnishings, the property is leased to the established operator in Veriu providing consistent, hands-off returns.IMPORTANT INFORMATION:Please note this is an investment property only and not for owner occupation.RENT: $26,229 p.a.($504 per week approx)INCREASE: Annual CPI increasesRETURN: 8.22% GrossLEASE: 5 August 2024 – 4 August 2029OPTIONS: 1 x 5 year optionTENANT PAYS:• Owners Corporation Administration Fund• General Maintenance• InsuranceOWNER OUTGOINGS (approx.):• Owners Corporation Maintenance Fund: $866.96 p.a.• Council Rates: $1,220.60 p.a.• Water Rates: $704.32 p.a.Located in the heart of South Yarra, just moments from Toorak Road, Chapel Street and public transport, this is a straightforward serviced apartment investment in a tightly held Melbourne location.Inspection by private appointment.For further details please contact:Martin Russell – Kingsford Property0417 005 302martin@kingsfordproperty.com.auDisclaimer: 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. We urge all interested parties to conduct their own due diligence and seek independent advice. less","YearBuilt":null,"LandArea":null,"Price":{"Currency":"AUD","Amount":319000.00,"Display":"$319,000"},"Bedrooms":"1","Bathrooms":"1","Parking":"1","Features":[{"Name":"Bedrooms","Value":"1"},{"Name":"Bathrooms","Value":"1"},{"Name":"Carports","Value":"1"}],"Inspections":[],"Auctions":[],"TimeZone":"AUS Eastern Standard Time","Latitude":-37.83774481,"Longitude":144.99291627,"Agent":{"Name":"Martin  Russell","CanonicalUrl":"https://realsearch.com.au/agent/martin-russell"},"Agency":{"Name":"Kingsford Property - SOUTH YARRA","CanonicalUrl":"https://realsearch.com.au/agency/kingsford-property-south-yarra"},"CreatedAt":"2026-06-16T06:51:00.9272897","UpdatedAt":"2026-10-12T08:55:35.4833333"}