For Sale

314B/71 Riversdale Rd, Hawthorn, VIC, 3122

$115,000 - $125,000

1
1

Apartment

What's around 314B/71 Riversdale Rd

Student Accomodation Returning Incredible Returns

Positioned in the heart of Hawthorn's thriving university precinct, Unit 314B presents an affordable opportunity to secure a fully furnished student accommodation investment within easy walking distance of Swinburne University. Currently returning $1,434 per month, the apartment offers an established rental income together with the convenience of a furnished, low-maintenance studio configuration. Its proximity to the university, public transport and Glenferrie Road's extensive selection of shops, supermarkets, cafés and restaurants makes it ideally positioned for the student rental market. The studio features a practical open-plan layout incorporating living, sleeping and study areas, complemented by a private ensuite bathroom and equipped kitchenette. Furniture, whitegoods and television are included in the sale, providing a ready-made accommodation package for future occupants. Features Include: * Currently rented for $1,434 per month * Fully furnished studio apartment * Private ensuite bathroom * Equipped kitchenette * Study desk and chair * Whitegoods and television included * Secure building access * Communal laundry facilities * Shared resident common areas * On-site management * Secure parking options available * Walking distance to Swinburne University * Excellent access to trains, trams and buses * Moments from Glenferrie Road shopping, cafés and restaurants With an existing rental return, convenient location and established student accommodation facilities, this is an attractive opportunity for buyers seeking an affordable investment in one of Melbourne's best-known education precincts.

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