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305/60 Garden Street

South Yarra, VIC 3141, Australia
$150,000
1 bed 1 bath

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Area Price Guide
$141,000$159,000

Indicative price guide range

🏘️
76
Comparable
📊
$1.20m
Area median
⚖️
-87%
vs median
🗓️
1 week ago
Listed

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About this property

Secure a high-performing investment in one of Melbourne's most sought-after inner-city locations. Positioned within a purpose-built student accommodation complex, this fully furnished apartment offers a hassle-free addition to any investment portfolio with a strong rental return and a long-term lease already in place. Currently leased at $370 per week ($1,608 per month) until 19 January 2027, the property provides immediate income and peace of mind for investors seeking a set-and-forget asset. Property Features: Securely leased until 19/01/2027 Rental income of $370 per week Fully furnished student accommodation apartment Open-plan living, study and sleeping zone Functional kitchenette with ample storage Private bathroom Split-system heating and cooling Secure building with resident facilities Low-maintenance investment opportunity Prime South Yarra Location Situated in the vibrant heart of South Yarra, residents enjoy easy access to: Chapel Street shopping, dining and entertainment precinct South Yarra Train Station Trams and public transport options Royal Botanic Gardens and Fawkner Park Melbourne CBD, universities and major education providers Purpose-built student accommodation continues to benefit from strong demand due to its affordability, convenience and proximity to Melbourne's leading educational institutions. Whether you are an experienced investor or looking to enter the student accommodation market, this property presents an excellent opportunity to secure a well-located asset with an established rental stream.

Property Features

    View full listing on Domain

    See all photos, agent details & contact options on the original source.

    Repayment calculator

    $727/month
    $364 /fortnight
    Loan $120,000 at 6.10% over 30 years

    Upfront costs

    Deposit$30,000
    Stamp duty$4,070
    Conveyancing (est.)$2,000
    Total upfront$36,070
    Verify with VIC revenue office →
    Indicative figures only — not a quote. Real loan offers depend on the lender; duty depends on contract terms and applicable concessions.

    Property Details

    Property Type
    apartment
    Listing Type
    For Sale
    Bedrooms
    1
    Bathrooms
    1
    Listed
    1 week ago

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