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314B/71 Riversdale Rd

Hawthorn VIC 3122

1
1
Apartment
Currently for sale - view listing

Overview

Student Accomodation Returning Incredible Returns

Positioned in the heart of Hawthorn's thriving university precinct, Unit 314B presents an affordable opportunity to secure a fully furnished student accommodation investment within easy walking distance of Swinburne University. Currently returning $1,434 per month, the apartment offers an established rental income together with the convenience of a furnished, low-maintenance studio configuration. Its proximity to the university, public transport and Glenferrie Road's extensive selection of shops, supermarkets, cafés and restaurants makes it ideally positioned for the student rental market. The studio features a practical open-plan layout incorporating living, sleeping and study areas, complemented by a private ensuite bathroom and equipped kitchenette. Furniture, whitegoods and television are included in the sale, providing a ready-made accommodation package for future occupants. Features Include: * Currently rented for $1,434 per month * Fully furnished studio apartment * Private ensuite bathroom * Equipped kitchenette * Study desk and chair * Whitegoods and television included * Secure building access * Communal laundry facilities * Shared resident common areas * On-site management * Secure parking options available * Walking distance to Swinburne University * Excellent access to trains, trams and buses * Moments from Glenferrie Road shopping, cafés and restaurants With an existing rental return, convenient location and established student accommodation facilities, this is an attractive opportunity for buyers seeking an affordable investment in one of Melbourne's best-known education precincts.

Features

1 bedroom
1 bathroom
Apartment

Happy sellers in Hawthorn

76%
76% of sellers in Hawthorn reported that their sale price either exceeded or met their price expectations.

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

This is based on voluntary sentiment collected from 22 reviews in Hawthorn over the last 12 months.

Local market activity for 1 bedroom apartments in Hawthorn

In the last 12 months, 125 one-bedroom apartments similar to 314B/71 Riversdale Rd, have been sold.

This represents a 29% increase in one-bedroom apartments sales when compared to the previous 12 months.

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