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Units 1- 4/12 Darling Street
South Yarra VIC 3141
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Sold on 1 Nov 2018

Units 1- 4/12 Darling Street South Yarra VIC 3141

  • Development / Land
  • 668 m²
  • Sold

Exceptional Position with holding income & development upside

    Auction Thursday 1st November on site at 12noon

    Situated directly adjacent South Yarra Railway Station and Toorak Road this brilliant landholding of some 668 sqm* approximately with a 15.2 metre* frontage to Darling Street boasts a current rental income of $112,368 per annum from 4 x large 2br apartments. With a short walk to Chapel Street, The Yarra River, The Royal Botanical Gardens, and Fawkner Park this location will allow for an ideal lifestyle with ease of access to amenity. With current General Residential Zoning (GRZ9) the property also provides scope for development upside (STCA).

    Strong land holding of 668 sqm
    4 x Large 2br apartments returning $112,368 per anum
    General Res Zoning (GRZ9) providing potential development upside
    Perfectly positioned meters from South Yarra Station, Toorak Rd Tram & Chapel St

    Only 3.5 km to Melbourne CBD and less than 10 minutes via train coupled with strong holding income and development upside, this property is simply not to be missed

    Property Highlights

    Date Sold1 Nov 2018
    Floor AreaAsk Agent
    Land Area668 m²
    ParkingOn site parking available
    Property ID2014682672
    Category
    Last updated  31 Jan 2021
    Map for Units 1- 4/12 Darling Street South Yarra VIC 3141

    Property Highlights

    Date Sold1 Nov 2018
    Floor AreaAsk Agent
    Land Area668 m²
    ParkingOn site parking available
    Property ID2014682672
    Category
    Last updated  31 Jan 2021

    Listed by

    Knight Frank - Melbourne
    Call
    0396025722

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