60/949 Dandenong Rd

Malvern East VIC 3145

Apartment

Currently for sale - view listing

Overview

Modern Student Accommodation with Secure Car Space & Strong Rental Income

An excellent opportunity to secure a well-positioned student accommodation apartment in the highly sought-after Malvern East precinct, offering a combination of reliable rental income, low-maintenance ownership and a valuable car space on title. Currently leased at $400 per week ($1,738 per month) until 11 February 2027, the property provides an immediate income stream for investors seeking a straightforward, income-producing property. The apartment offers a practical and comfortable layout, with a dedicated study area, built-in storage and split-system heating and cooling. The property also features access to a private balcony, providing an additional outdoor space that is highly appealing to students. Property Highlights Purpose-built student accommodation Currently leased at $400 per week / $1,738 per month Lease secured until 11 February 2027 One secure car space attached to title Practical, low-maintenance apartment Dedicated study/work area Split-system heating and cooling Private balcony Strong appeal to students and investors Convenient Malvern East location Professional property management available through Student Housing Australia With a secure tenant already in place and a separately titled car space adding further value, this property represents an attractive investment for buyers looking for consistent rental income and a specialised student accommodation asset. An opportunity to secure an income-producing student apartment in a well-established Melbourne location. Contact us today for further information.

Features

1 bedroom

1 bathroom

1 carspace

Apartment

Happy sellers in Malvern East

94%

94% of sellers in Malvern East reported that their sale price either exceeded or met their price expectations.

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

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

Local market activity for 1 bedroom apartments in Malvern East

In the last 12 months, 33 one-bedroom apartments similar to 60/949 Dandenong Rd, have been sold.

This represents a 54% increase in one-bedroom apartments sales when compared to the previous 12 months.

Sold

For Sale

For Rent

View the listing for inspection times, agent contact details, and more.

Rosa Chik

at Student Housing Australia

View listing

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