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.
