Rent income $1300 per month till 30th Nov. 2026
Body Corp $3151.80 per annum
Council Rate $473.91 per annum
Water Rate $823.32 per annum
Gross Rental Return: about 12%
The buyers should conduct due diligence or consult their conveyancer to verify these figures after reviewing the vendor statement.
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.
Contact Vincent, the selling agent, today for further information and inspection arrangements.
