OFF MARKET

57/52 Darling Street
South Yarra VIC 3141

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 71m2
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Last updated 11 Nov 2024
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Property Details for 57/52 Darling St, South Yarra

57/52 Darling St, South Yarra is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1970. The property has a floor size of 71m2.

Building Type
Unit
Year Built
1970
Floor Size
71m2
Local Government
Stonnington

Last Listing description (May 2019)

NET RENT $32,736 a year.
View to the City over the Botanical gardens and View to the Dandenongs as well.
Perfect Super Fund or Private Investment and

This is a 'set and forget' cash cow investment in a AAA Blue Chip location

It s not everyday that you have an opportunity to secure a Blue Chip Penthouse in the heart of South Yarra This Adina serviced apartment is a fantastic and spacious penthouse leased for at least 5 more years to the hotel. The guaranteed rental income will be sure to impress, and increases by a minimum 3% each July. Please contact agent for the lease agreement and inspections time. Enjoy the benefit of low outgoings, with Adina Hotel responsible for council and water rates, and Owners Corporation fees (excluding sinking fund contributions), no vacancy worries and a secure rental income NET RENT $32,736 a year.

These elegant and stylish Penthouses will amaze you with their timeless appeal and are prime examples of why Melbourne's inner city suburbs are in such demand. Location could not be bettered, with everything you need at your doorstep including all of the best restaurants, cafe's and bars, and everything else fabulous that makes Melbourne the most liveable city!
The apartment is beautifully located with leafy views toward Fawkner Park from Enormous rap around balcony on all sides with amazing view, generously proportioned to provide a homely ambiance. Fully-furnished 2 large bedrooms, spacious living rooms, with contemporary styling, providing split system A/C, flat screen TV, and wireless internet, plus hotel facilities including swimming pool, steam room and gymnasium. The open plan living area contains a fully-appointed kitchen dressed in gloss and stone, plus a large double bedroom with extensive built-in robes, and modern bathroom with Euro laundry.

Property History for 57/52 Darling St, South Yarra, VIC 3141

A timeline of how this property has performed in the market
  • 13 Jan 2017
    Listed for Sale $560,000 - $600,000

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About South Yarra 3141

The size of South Yarra is approximately 3.6 square kilometres. It has 19 parks covering nearly 19.1% of total area. The population of South Yarra in 2011 was 19,134 people. By 2016 the population was 25,143 showing a population growth of 31.4% in the area during that time. The predominant age group in South Yarra is 20-29 years. Households in South Yarra are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in South Yarra work in a professional occupation. In 2011, 36.8% of the homes in South Yarra were owner-occupied compared with 32.6% in 2016.

South Yarra has 25,493 properties. Over the last 5 years, Houses in South Yarra have seen a 6.39% increase in median value, while Units have seen a -3.84% decrease. As at 31 October 2024:

  • The median value for Houses in South Yarra is $2,115,046 while the median value for Units is $599,695.
  • Houses have a median rent of $725 while Units have a median rent of $588.
There are currently 73 properties listed for sale, and 49 properties listed for rent in South yarra on OnTheHouse. According to CoreLogic's data, 1078 properties were sold in the past 12 months in South yarra.

Suburb Insights for South Yarra 3141

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.