Attention investors: secure an exceptional one-bedroom student apartment in the heart of Burwood, just moments from Deakin University (Melbourne Burwood Campus). The location and student-focused amenities drive consistently quick leasing.
The property delivers a gross rental yield above 13%, with scope to increase if the rent is adjusted. A lease is in place until early 2026 for income certainty. Features include a common laundry, communal study/meeting area, lift access, and the option of a car space at additional cost-boosting tenant appeal.
Further benefits include bike storage, separate storage, and tax depreciation advantages against rental income. Owners Corporation fees are a modest $689.30 per quarter, keeping holding costs in check.
Currently returning $16,164 per annum ($310 per week), this low-maintenance apartment is a smart portfolio addition. Its convenient location and strong rental fundamentals should support ongoing demand and a steady income stream.
