High on the 9th floor, this light-filled studio with balcony offers investors a rare blend of reliable income and a premier South Yarra location.

Rent of $20.7k p.a. + Annual CPI Increases Until August 2029 + 2 x 5 Year Options to Extend

HANDS-OFF INVESTMENT - enjoy hassle-free ownership with Punthill Apartment Hotel Group managing all day-to-day operations, ensuring income without the maintenance burden.

QUALITY ASSET - high rise position with natural light and a spacious balcony, a rarity in serviced apartment assets.

BLUE-CHIP LOCATION - set in the heart of South Yarra with strong year-round hotel demand driven by Chapel Street shopping and dining, and easy access to the MCG and Melbourne's sports precinct.

This property is ideal for investors seeking reliable income, low maintenance, and a long-term tenant with zero turnover - a genuine buy-and-collect return asset.

Outgoings:
Owner Pays:
OC Maintenance Fees: $76.46 per quarter
Rates: $252 per quarter
Water: $212.70 per quarter
Tenant pays the rest!

Note: If making a phone enquiry, please call during business hours. We will also respond quickly to email and website enquiries.



Disclaimer:

Whilst every care has been taken to verify the accuracy of the details in this advertisement, For Sale By Owner (forsalebyowner.com.au Pty Ltd) cannot guarantee its correctness. Prospective buyers or tenants need to take such action as is necessary, to satisfy themselves of any pertinent matters.