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319/1-5 Queens Avenue

Hawthorn VIC 3122

1
1
Apartment
Currently for sale - view listing

Overview

Student Accommodation with Existing Tenant in Prime Hawthorn Location

Positioned in the sought-after inner-eastern suburb of Hawthorn, this one-bedroom, one-bathroom student accommodation presents an excellent opportunity for investors seeking an established and low-maintenance investment with an existing tenant. Currently leased, the property provides immediate rental income and offers the benefit of an established tenancy. Its proximity to Swinburne University of Technology creates a strong and clearly defined rental market, with ongoing demand from students and young professionals seeking convenient accommodation close to campus and public transport. The property features a practical one-bedroom, one-bathroom layout and is ideally suited to the student rental market. While there is no car space, the excellent location and extensive public transport options make private vehicle ownership less essential for the typical tenant. Conveniently located close to Swinburne University, Glenferrie Road shopping and dining precinct, supermarkets, cafés, restaurants and major public transport connections, the property offers easy access to Melbourne CBD and surrounding suburbs. For investors, the combination of an existing tenant, university proximity, established location and low-maintenance accommodation makes this an appealing addition to an investment portfolio. An ideal opportunity for both first-time and experienced investors looking for a property with strong rental appeal in one of Melbourne's established inner-eastern suburbs. Rent income $1300 per month till 30th Nov. 2026 Body Corp $3581 per annum Council Rate $435 per annum Water Rate $785 per annum The buyers should conduct due diligence or consult their conveyancer to verify these figures after reviewing the vendor statement. Contact Vincent, the selling agent, today for further information and inspection arrangements.

Features

1 bedroom
1 bathroom
Apartment

Happy sellers in Hawthorn

74%
74% 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 20 reviews in Hawthorn over the last 12 months.

Local market activity for 1 bedroom apartments in Hawthorn

In the last 12 months, 123 one-bedroom apartments similar to 319/1-5 Queens Avenue, have been sold.

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

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