2706/1 Almeida Cres, South Yarra VIC 3141

High-rise one-bedroom | Capitol Grand tower | South Yarra luxury pocket | Strong rental turnover | Premium design by Bates Smart This apartment is positioned within a luxury high-rise development in South Yarra, a suburb known for its established premium apartment market. The building’s design by Bates Smart and the presence of larger, multi-bedroom configurations within the same project signal a quality that sits above typical local stock. The unit’s high floor, implied by its numbering, offers long views and a level of finish that appeals to affluent owner-occupiers and downsizers. Strong recent leasing activity confirms consistent rental demand from professionals and executives, underpinning the property’s liquidity in the inner-city market. The value of this apartment may be influenced by its strata ownership structure, where land value is shared and owner-corporate costs in a luxury building can be significant. The exact floor level and aspect are not confirmed, which could affect both the view quality and noise exposure. While the building’s premium positioning is clear, the absence of a verified amenity schedule means the full lifestyle offering should be weighed carefully when forming a view on price.