6/1 Domain Street, South Yarra

Positioned in one of South Yarra's most desirable pockets, this generously proportioned apartment presents a rare opportunity to secure an established investment with immediate rental income and long-term lifestyle appeal.

Currently leased at $750 per week, delivering $39,000 in annual gross rental income, the property offers investors an existing income stream in a location consistently sought after for its proximity to Melbourne's premier parklands, dining and transport connections.

The flexible floorplan features two established bedrooms, including a main suite with a walk-in robe and ensuite, alongside a versatile third room suitable for use as an additional bedroom, dining room or home office.

A spacious living area opens onto a private balcony framed by established greenery, while the separate kitchen and meals area connects to a second outdoor space. A central bathroom, separate laundry and generous storage further enhance the apartment's practicality.

Importantly, the property also includes a secure car space, a valuable addition in this tightly held inner-city location.

Moments from the Royal Botanic Gardens, Fawkner Park, Melbourne Grammar and the St Kilda Road precinct, the address offers exceptional convenience with easy access to the CBD and surrounding lifestyle destinations.

For investors, the appeal lies in the combination of established rental income, generous accommodation and future scope to modernise and add value.

For future owner-occupiers, it presents an opportunity to secure a substantial apartment in an established South Yarra setting.

Offered strictly off market, with private inspections available by appointment.