South Melbourne Block Sky High penthouse available for $1,600 weekly rental

The penthouse apartment in the recent Channel 9 series of The Block Sky High - Trixie and Johnno's renovation -  has been listed for rent.

The fully furnished apartment, with shared rooftop entertainment facilities, sold at $1.605 million at its televised late July auction.

It has been offered at $1,600 a week, reflecting a 5.1% gross rental yield. South Melbourne has a 5% indicative gross rental yield, according to RP Data.

It has become available through Hocking Stuart Albert Park agent Adam Pali, whose agency secured the auction sale above its initial $1.41 million reserve.

It was bought by investors, the Yap family of Balmoral in Queensland.

Trixie and Johnno walked away with $205,000 profit over its amended reserve.

None of the four other sold apartments have been advertised for rent.

Jonathan Chancellor

Jonathan Chancellor

Jonathan Chancellor is one of Australia's most respected property journalists, having been at the top of the game since the early 1980s. Jonathan co-founded the property industry website Property Observer and has written for national and international publications.

Community Discussion

Be the first one to comment on this article
What would you like to say about this project?