1208/2 Claremont Street

South Yarra VIC 3141

Positioned high on the 12th floor of the boutique ELLA Apartments, this well-appointed residence presents an outstanding opportunity for investors seeking a quality asset in one of Melbourne's most consistently sought-after rental markets.Located in the heart of South Yarra, the apartment enjoys exceptional connectivity to South Yarra Station, Chapel Street, Toorak Road, the Yarra River and the CBD. This blue-chip location continues to attract strong demand from professionals, corporate tenants and long-term renters, providing confidence for investors looking to secure a property with enduring rental appeal.The intelligently designed floorplan features a light-filled open-plan living and dining area that extends to a generous balcony with elevated views, while the contemporary kitchen is equipped with stone benchtops, gas cooking, an integrated dishwasher and quality finishes selected for everyday practicality and low-maintenance ownership.Two genuine queen-sized bedrooms with built-in robes, including a main bedroom with private ensuite, are complemented by a second bathroom, European laundry and excellent internal storage. The versatile layout appeals to a broad tenant demographic, from professional couples to quality sharers, helping maximise leasing potential.Further enhancing the investment credentials are secure basement parking (Level B2, Space 1208), a private storage cage, communal bike facilities, video intercom entry and lift access-features that continue to be highly valued by inner-city tenants.With an estimated rental return of $730$775 per week, annual Owners Corporation fees of approximately $4,747.96, Council rates of $949.45 and Water rates of $666.40, the property offers an attractive balance of rental income and manageable holding costs. Offering approximately 62sqm internally, this is a turnkey investment in one of Melbourne's strongest and most resilient apartment precincts.