Positioned just moments from Deakin University, this purpose-built student apartment presents a straightforward, low-maintenance investment within one of Burwood’s most tightly held student accommodation complexes.
Located in a boutique building of only 25 student-only apartments, completed in 2007, the property benefits from consistent tenant demand driven by its immediate proximity to Deakin University and surrounding transport links.
The apartment features a practical and well-considered layout, including a separate sleeping zone, dedicated meals and study area, full kitchen with gas cooking, and a generous bathroom. A private balcony extends from the bedroom, providing natural light and an outdoor aspect rarely found in comparable student studios.
Accommodation highlights include:
- Separate bedroom with direct balcony access
- Meals and study zone
- Kitchen with gas cooktop and microwave
- Large bathroom with modern fittings
- Private balcony
- Secure intercom entry
- Furnished for student use
The building includes a communal laundry and optional secure basement car parking available at additional cost. Internet is available to tenants at discounted student rates.
Secure rental income in place:
The apartment is currently rented and already renewed for the upcoming academic year, with the lease running from 22 January 2026 to 14 January 2027 at $1,456 per calendar month, equating to almost $17,500 per annum. This provides immediate income with no vacancy risk heading into the next school year.
Set in a quiet side street just off Station Street, the location offers immediate walkability to Deakin University, tram services, local shops, and direct public transport access to the Melbourne CBD.
Key notes for investors:
Student-only accommodation
Lease secured for the 2026 academic year
Strong rental appeal due to proximity to Deakin University
Boutique complex with limited supply
An appealing option for investors seeking a specialised asset with income already locked in, supported by a proven student rental location.
Boasting character and desirable features combined with a terrific location, this won’t last long on the market. Don’t miss this opportunity!
