607/651 Chapel Street, South Yarra

A unit located on a lot in 42/PS423977 South Yarra VIC. It has an estimated value of $360,000. Built in 2000, it has 1 bedroom, 1 bathroom.

ABOUT THE PROPERTY

Bedrooms
1
Bathrooms
1
Car spaces
1
Land size
828 m2
Building size
57.8 m2
Council area
Stonnington
Year built
2000
Lot plan
42/PS423977 South Yarra VIC
House type
Unit: Standard



HISTORY

Last sold 08/10/2014
$300,000



LISTING DESCRIPTION
as of September 2014

SERVICED APARTMENT - RETURNS UP TO 7.8% AT QUEST ON CHAPEL Make the most of a prime investment opportunity, with this brilliantly located and excellently maintained serviced apartment in the Quest on Chapel building. This spacious serviced apartment is ideal for investors seeking a prized residence with secure rental return of $25,400 per annum with a further two (2) x five (5) year options. Following the rent review after each term, you will also receive an annual 4% rental increase.The modern kitchen boasting quality appliances is combined with a large open plan dining and living area which is bathed in light and opens to a private balcony overlooking South Yarra. The generous and bright bedroom suite enjoys a relaxing ensuite. Additional features includes study nook, secure intercom entrance, laundry, and centralized heating and coolingPositioned just minutes to vibrant Toorak Road and Chapel Street cafes, bars, and restaurants, it's just a short walk to South Yarra station, and tram lines are at your doorstep for an utterly convenient lifestyle.Enquire today to avoid missing out on this highly rewarding investment opportunity.