{"Slug":"apartment-708-7-yarra-street-south-yarra-vic-3141","CanonicalUrl":"https://realsearch.com.au/apartment-708-7-yarra-street-south-yarra-vic-3141","Address":"708/7 Yarra Street, South Yarra, Vic 3141","Suburb":"South Yarra","State":"VIC","Postcode":"3141","PropertyType":"Apartment","Status":"For Sale","Headline":null,"Description":"An outstanding opportunity for investors seeking secure, low-maintenance income in one of Melbourne’s most sought-after inner-city locations.Positioned in the heart of South Yarra, this recently refurbished property is securely leased to Punthill Yarra, providing investors with consistent rental income backed by an established hotel accommodation operator.Investment Highlights:Price Guide: $300,000–$330,000Current rental income: approximately $24,445 per annumAttractive rental yield of approximately 8.1%Secure 5-year leaseLease commenced 5 August 2024Lease expiry 4 August 2029Established hotel accommodation operatorConsistent rental payment historyNo need to source or manage a residential tenantPrime South Yarra location close to Chapel Street, Toorak Road, South Yarra Station and the Yarra RiverThe tenancy ledger confirms the current monthly rent of $2,037.06, effective from 5 August 2026.Offering an attractive rental return, secure lease and highly sought-after South Yarra location, this is an ideal set-and-forget investment for buyers focused on reliable cash flow and long-term income security.Private Inspection OnlyFor further information or to arrange a private inspection, please contact: Jensen Woo 0434 262 188","YearBuilt":null,"LandArea":null,"Price":{"Currency":"AUD","Amount":null,"Display":"$300,000-$330,000"},"Bedrooms":"1","Bathrooms":"1","Parking":null,"Features":[{"Name":"Bedrooms","Value":"1"},{"Name":"Bathrooms","Value":"1"}],"Inspections":[],"Auctions":[],"TimeZone":"AUS Eastern Standard Time","Latitude":-37.83774481,"Longitude":144.99291627,"Agent":{"Name":"Jensen  Woo","CanonicalUrl":"https://realsearch.com.au/agent/jensen-woo"},"Agency":{"Name":"JWC PROPERTY GROUP","CanonicalUrl":"https://realsearch.com.au/agency/jwc-property-group"},"CreatedAt":"2026-08-13T07:18:27.4559378","UpdatedAt":"2026-08-13T07:18:27.5036371"}