116/9 Darling Street
South Yarra, VIC 3141

Overview

116/9 Darling Street, South Yarra

Positioned in a tightly held low-rise building on prime Darling Street, this north-facing apartment presents a remarkable high-yield investment opportunity in one of Melbourne's most dependable rental markets. The apartment is bathed in natural light through expansive floor-to-ceiling windows and features a wide balcony that effectively extends the living space, creating a bright and open atmosphere highly sought after by tenants, which drives strong rental returns.

The apartment's intelligently designed central hallway provides clear separation and excellent flow throughout the space. The generous bedroom and dedicated study nook offer the flexibility demanded by modern professionals. This layout consistently attracts high-quality, long-term tenants such as young professionals, couples, and remote workers, supporting low vacancy rates and maximizing rental income in South Yarra's competitive inner-city market.

The living area opens directly onto the balcony, offering bright mornings and relaxed afternoons that tenants appreciate and landlords benefit from. Floor-to-ceiling glazing enhances the sense of space and light, while reverse-cycle air conditioning ensures year-round comfort. Ample storage space, including a secure storage cage, helps keep maintenance low and tenant satisfaction high, which are key factors for sustained high yields.

The sleek, modern bathroom and cleverly tucked-away European laundry improve everyday livability. Secure undercover parking and controlled building entry make the property instantly lettable, even for late-shift workers or weekend travellers, helping secure top-tier tenants and maintain premium rents.

Located just 150 metres from South Yarra Station and only 3.4 kilometres from the Melbourne CBD, this location is a rental magnet. Tenants enjoy walking to a wide array of cafes, shops, parks, and gardens, while benefiting from the quieter charm of Darling Street. Nearby respected schools and green spaces ensure a broad and resilient tenant pool.

South Yarra apartments in this price bracket and location typically deliver gross yields of 5.5 to 6.5 percent or more, supported by persistently low vacancy rates, strong rental growth, and consistent demand from professionals prioritizing 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.

This is an exceptional opportunity to secure a genuinely high-yielding asset, ideal for portfolio expansion or reliable passive income.

Property Features

• Alarm System
• Built-In Robes
• Pet Friendly

Location