116/9 Darling Street, South Yarra

Positioned in a tightly held low-rise building on prime Darling Street, this north-facing apartment is a standout high-yield opportunity in one of Melbourne's most reliable rental markets. Flooded with natural light via expansive floor-to-ceiling windows and boasting a wide balcony that effectively extends the living space, the property delivers the bright, open feel tenants pay a premium for-driving strong rental returns.

The intelligently designed central hallway creates clear separation and excellent flow, while the generous bedroom and dedicated study nook provide the exact flexibility modern professionals demand. This layout consistently attracts high-quality, long-term tenants (young professionals, couples, and remote workers), supporting low vacancy and maximum rental income in South Yarra's competitive inner-city market.

The living area opens directly to the balcony, delivering bright mornings and relaxed afternoons that tenants love and landlords profit from. Floor-to-ceiling glazing maximises the sense of space and light, reverse-cycle air conditioning guarantees year-round comfort, and abundant storage plus a secure storage cage keeps maintenance low and tenant satisfaction high-key ingredients for sustained high yields.

The sleek, modern bathroom and cleverly tucked-away Euro laundry enhance everyday livability, while secure undercover parking and controlled building entry make the property instantly lettable-even to late-shift workers or weekend travellers-helping you secure top-tier tenants and defend premium rents.

Just 150 metres from South Yarra Station and only 3.4 km from the CBD, this location is a rental magnet. Tenants walk to an endless array of cafes, shops, parks, and gardens, yet enjoy the quieter charm of Darling Street. With respected schools and green spaces nearby, the tenant pool remains broad and resilient.

South Yarra apartments in this price bracket and location routinely deliver gross yields of 5.5–6.5%+, backed by persistently low vacancy rates, strong rental growth, and consistent demand from professionals who prioritise proximity to the CBD. This property offers investors a rare combination of immediate cash flow, capital stability, and long-term upside in one of Melbourne's highest-performing inner-city suburbs.

Don't miss the chance to secure a genuinely high-yielding asset - perfect for portfolio expansion or reliable passive income.

Property Features

• Alarm System
• Built-In Robes
• Pet Friendly