518/8 Daly Street, South Yarra VIC 3141

1-bed, 1-bath South Yarra apartment | no car space | compact floorplan | strong rental location This unit offers a competitive entry point into a tightly held inner-ring suburb with high rental demand. Its lack of a car space is offset by exceptional access to public transport, Chapel Street retail, and Yarra River amenities, making it ideal for investor or first-home buyer targeting yield over owner-occupier luxury. The primary risk is valuation inconsistency, with no current active listing to anchor price; buyers must verify against realestate.com.au data and recent comparable sales in the complex. Renovation potential is limited by compact dimensions, but the location ensures strong tenant interest. Hold for rental income; resale upside depends on broader South Yarra market movement.