5/2 May Grove, South Yarra VIC 3141

Oversized one-bedroom | boutique block | quiet street | car space included | strong rental yield This unit presents a competitively rare configuration for South Yarra, combining an oversized layout and a dedicated car space within a quiet, boutique block. Its scarcity is amplified by abundant natural light and a thoughtful refresh, positioning it for both owner-occupiers seeking a low-maintenance sanctuary and investors targeting the strong rental demand implied by the suburb’s 6.3% yield. It serves buyers prioritizing space and privacy over high-density amenity. Proceed with the understanding that the 1995 last sale date indicates an older building, carrying inherent capital expenditure risk for future maintenance. The price premium commanded for its configuration must be validated against recent sales of comparable one-bedroom units with parking. The commercial logic is clear: secure a well-located, scarce product type that will consistently attract tenants or a specific owner-occupier profile. This is a hold property for long-term rental income or lifestyle.