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115/141 Waverley Rd

Malvern East VIC 3145

1
1
Apartment
Currently for sale - view listing

Overview

Stylish Ground-Level Apartment with Private Courtyard Secure Student Accommodation Investment in Malvern East

Positioned in a convenient location close to Monash University, this well-presented student accommodation apartment offers an excellent opportunity to secure a low-maintenance investment with an established rental return. Currently leased at $375 per week ($1,629 per month) until 15 January 2027, the property provides immediate rental income and the security of an existing tenancy. The apartment features a practical and comfortable layout with a dedicated sleeping area, study space and excellent natural light. Large glass doors open onto a private outdoor courtyard, providing a rare and appealing outdoor space for residents to enjoy. Designed specifically for student living, the apartment provides a functional environment for study and relaxation, with a dedicated desk area and convenient access to the surrounding amenities. Property Features: - Currently leased at $375 per week ($1,629 per month) - Lease secured until 15 January 2027 - Purpose-built student accommodation - Bright and practical layout - Dedicated study area - Private outdoor courtyard - Well-equipped kitchenette - Private bathroom - Convenient access to public transport and local amenities - Prime Student Location Located on Waverley Road, the property is ideally positioned for students with easy access to Monash University and surrounding education precincts. Chadstone Shopping Centre, local shops, cafés, restaurants and public transport are also within easy reach. With strong demand for affordable student accommodation in Melbourne's south-eastern suburbs and an existing tenancy already in place, this is an attractive opportunity for investors seeking a straightforward, income-producing property. Secure your place in this popular student accommodation precinct with a tenant already in place.

Features

1 bedroom
1 bathroom
Apartment

Happy sellers in Malvern East

93%
93% of sellers in Malvern East reported that their sale price either exceeded or met their price expectations.

Malvern East stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 26 reviews in Malvern East over the last 12 months.

Local market activity for 1 bedroom apartments in Malvern East

In the last 12 months, 33 one-bedroom apartments similar to 115/141 Waverley Rd, have been sold.

This represents a 52% increase in one-bedroom apartments sales when compared to the previous 12 months.

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