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402/591 Elizabeth Street

Melbourne VIC 3000

1
1
0 ac.
Unit
Currently for sale - view listing

Overview

High-yield student accommodation in the heart of Melbourne

Experience the best of Melbourne student living with this standout investment property located right in the heart of vibrant Elizabeth Street. Just moments from Melbourne University, RMIT, and the iconic Queen Victoria Market, this unit represents an exceptional opportunity to capitalise on strong rental demand. Currently vacant ready for your child to begin an amazing new year at the local university or ready to rent at approximately $360-$370/week. It offers a vibrant, free-flowing floor plan with separate bedroom, full bathroom, a cosy kitchen area, living space with a built-in study, plus a balcony. All of this is situated in a lovely building with a character-filled exterior and great amenities for hanging out. Living here means enjoying the incredible convenience that its central location offers with close proximity to cafes and all amenities one could ever need. An array of shops and parks are only a short stroll away. This apartment represents an excellent opportunity for investors to secure a property in the thriving student-only accommodation market. Its balcony feature, separate bedroom and strong rental return make it highly desirable, promising consistent demand from quality tenants. Contact us now to discuss further and secure this exceptional investment on Elizabeth Street. ------ Disclaimer: Images are digitally edited and contain styled furniture for display purposes only. We have, in preparing this document, used our best endeavors to ensure that the information contained is accurate. Images with staged furnishings as indicated on the photos. Prospective purchasers should independently verify all information provided and consult the due diligence checklist provided by Consumer Affairs Victoria

Features

1 bedroom
1 bathroom
0 ac. lot size
Unit

Happy sellers in Melbourne

84%
84% of sellers in Melbourne reported that their sale price either exceeded or met their price expectations.

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

This is based on voluntary sentiment collected from 133 reviews in Melbourne over the last 12 months.

Local market activity for 1 bedroom units in Melbourne

In the last 12 months, 3 one-bedroom units similar to 402/591 Elizabeth Street, have been sold.

This represents a 67% increase in one-bedroom units sales when compared to the previous 12 months.

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