2/76A Stanhope Street, Malvern

A Compelling investment opportunity in one of Malvern's most established residential pockets. Enjoying desirable northern and western aspects, the apartment benefits from excellent natural light throughout the day and offers a practical, low-maintenance layout with two well-proportioned bedrooms, a central bathroom with integrated laundry facilities and secure on-site parking.

The living area extends to a private balcony, adding valuable outdoor space and strengthening the apartment's appeal to tenants. The kitchen is well positioned alongside the living zone and benefits from excellent natural light, while the overall floorplan is functional, comfortable and well suited to long-term rental demand.

For investors, the property offers immediate income from day one with a two-year lease currently returning $2,325 per calendar month, equating to approximately $27,900 per annum. With an established tenant already in place, there is no need to factor in an initial leasing campaign or vacancy period, making this an attractive option for buyers seeking a tenanted investment, secure rental income and long-term exposure to the Stonnington market.

Malvern continues to attract strong rental demand due to its combination of transport, established amenity and proximity to some of Melbourne's most highly regarded schools. Malvern Central School, De La Salle College, St Joseph's School and Lauriston Girls' School are all nearby, while Glenferrie Road, Malvern Central, local cafés, restaurants and everyday shopping are within easy reach.

Public transport is also readily accessible, with Malvern Station, tram services and major road connections providing convenient access to the CBD and surrounding inner suburbs. The broader Stonnington market remains one of Melbourne's most tightly held residential areas, supported by strong owner-occupier demand, limited supply and consistent tenant interest across Malvern, Armadale, Toorak and South Yarra.