20/9 Balmoral StreetSouth Yarra VIC 3141
Property Details for 20/9 Balmoral St, South Yarra
20/9 Balmoral St, South Yarra is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 1998. The property has a land size of 2642m2 and floor size of 93m2. While the property is not currently for sale or for rent, it was last sold in August 2025.
Last Listing description (September 2025)
Another apartment SOLD by Nick Walters of Kingsford Property - Melbourne's serviced apartment specialists with over 27 years' experience in the serviced apartment market.
If you'd like to discuss your investment property options please call me on 0438 557 885
Positioned with South/Easterly aspect, the apartment's lower level features an open plan living area consisting of lounge room leading to Juliette balcony, dining and kitchen area with separate laundry and storage cupboard; while the second level offers two bedrooms with BIR's and two bathrooms - one as en suite to the main bedroom. Split system heating and cooling, good security and the advantage of one secure carpark is also on title.
NB. THIS IS FOR THE ASTUTE INVESTOR ONLY - NOT FOR OWNER OCCUPATION.
Your investment apartment has Quest as a secure long-term tenant offering a continuous income stream with substantially reduced outgoings and currently an impressive $682 pw rental return.
Owners also have the option to stay up to 60 nights per year in their apartment (conditions apply - please refer to Clause 9 of the lease)
Located in the heart of South Yarra, in the midst of fashionable Chapel Street and Commercial Road, behind the Prahran Market and the myriad of fantastic restaurants and cafes that the precinct has to offer, this Blue Chip investment opportunity is surely worthy of consideration for your property portfolio.
IMPORTANT INFORMATION:
RENT: $35,500 pa ($682 / week approx.)
INCREASE:
July 2026 + 3%
July 2027 + 3%
July 2028 + 3%
July 2029- Market Review.
RETURN: 7.1% Gross
6.7% Nett
LEASE: Until July 2029
OPTIONS: Five further 5 year options
OUTGOINGS:
Tenant (Quest) Pays:
Owner's Corp Admin Fund
Building Insurance
Owner Pays:
Council Rates $1,339 pa
Water Rates $685 pa
Owner's Corp Maintenance Fund: NIL
Inspection can be arranged by private appointment.
For further details please contact:
Nick Walters of Kingsford Property - 0438 557 885
nick@kingsfordproperty.com.au
Disclaimer: PLEASE NOTE SOME IMAGES MAY BE GENERIC AND NOT OF THE EXACT LOT. Although every care has been taken in the preparation of the above information, we stress particulars herein are for information only, and do not constitute representation by the Owner or the Agent. This information has been provided by third parties. We do not accept any responsibility to any person for its accuracy and do no more than pass it on. We urge all interested parties to conduct their own due diligence and seek independent professional legal advice to ensure this information is accurate.
Property History for 20/9 Balmoral St, South Yarra, VIC 3141
- 11 Aug 2025Sold for $488,000
- 14 Nov 2024Listed for Sale $499,000
- 03 Feb 2010Transferred
Recent sales nearby
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0About South Yarra 3141
The size of South Yarra is approximately 3.6 square kilometres. There are 19 parks, covering nearly 19.1% of the total area. The population of South Yarra in 2016 was 25147 people. By 2021 the population was 25028 showing a population decline of 0.5% 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 2021, 35.50% of the homes in South Yarra were owner-occupied compared with 32.60% in 2016.
South Yarra has 26,714 properties. Over the last 5 years, Houses in South Yarra have seen a -17.13% decrease in median value, while Units have seen a -9.17% decrease. As at 31 July 2026:
- The median value for Houses in South Yarra is $1,955,285 while the median value for Units is $579,334.
- Houses have a median rent of $910 while Units have a median rent of $630.
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