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4/1 Oconnell St

North Melbourne VIC 3051

1
1
Apartment
Currently for sale - view listing

Overview

Student Investment Opportunity with O'Connell Street Outlook

Pagan Real Estate presents a fantastic opportunity to purchase this ‘cashcow’ studio/student apartment, in a prime Melbourne location offering excellent rental returns. Current STUDENT HOUSING AUSTRLIA Rent sits at $420 per week. Leased to 15/01/2027. Positioned in a sought-after location, Apartment 4/1 O'Connell Street presents an affordable and low-maintenance investment opportunity in the heart of Melbourne's renowned education precinct. Overlooking O'Connell Street, this well-appointed apartment offers a bright and functional layout designed specifically for student living. Conveniently located within walking distance to major universities, Queen Victoria Market, public transport, parks, cafes, and the CBD, it provides strong appeal to both local and international students. A set-and-forget investment in a prime city-fringe location, this apartment is ideal for investors seeking secure rental demand and long-term convenience.

Features

1 bedroom
1 bathroom
Apartment

Happy sellers in North Melbourne

70%
70% of sellers in North Melbourne reported that their sale price either exceeded or met their price expectations.

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

This is based on voluntary sentiment collected from 16 reviews in North Melbourne over the last 12 months.

Local market activity for 1 bedroom apartments in North Melbourne

In the last 12 months, 76 one-bedroom apartments similar to 4/1 Oconnell St, have been sold.

This represents a 24% increase in one-bedroom apartments sales when compared to the previous 12 months.

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