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517/2 Eastern Pl

Hawthorn East VIC 3123

1
1
Apartment
Currently for sale - view listing

Overview

High-Yield Student Accommodation Investment in Prime Hawthorn Location

Secure a fantastic investment opportunity in one of Melbourne's most sought-after student precincts. This furnished student accommodation studio offers strong rental appeal and is currently rented at $315 per week, making it an attractive addition to any investment portfolio. Located within a modern student-only complex, this well-presented studio apartment provides a practical and comfortable living environment. Filled with natural light, the property features an open-plan layout, a well-equipped kitchenette, private bathroom, and all the essentials students require for convenient inner-city living. The location is a standout feature, with Swinburne University just a short walk away, ensuring consistent demand from students year after year. Residents also enjoy easy access to Glenferrie Road's vibrant shopping and dining precinct, trams, cafes, and Auburn Railway Station. Deakin University is readily accessible via Tram Route 75, while Melbourne's CBD can be reached in approximately 20 minutes by train. Whether you are looking to expand your investment portfolio or secure an affordable entry into Melbourne's student accommodation market, this property presents an excellent opportunity in a high-demand location. Investment Highlights: Furnished student accommodation studio Rental return of $315 per week ($1369 per month) Lease until 10 Feb 2027 Modern student-only building Bright and functional layout with private bathroom Walking distance to Swinburne University Close to transport, shopping, cafes and amenities Easy access to Deakin University and Melbourne CBD An affordable, low-maintenance investment in a proven student accommodation market.

Features

1 bedroom
1 bathroom
Apartment

Happy sellers in Hawthorn East

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

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

This is based on voluntary sentiment collected from 17 reviews in Hawthorn East over the last 12 months.

Local market activity for 1 bedroom apartments in Hawthorn East

In the last 12 months, 60 one-bedroom apartments similar to 517/2 Eastern Pl, have been sold.

This represents a 35% increase in one-bedroom apartments sales when compared to the previous 12 months.

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