For investors looking to build student accommodation right on the doorstep of world-class Monash University, this project is ready for construction to start, gearing up for post-pandemic international student arrivals in 2023 and beyond.
This prime location adjacent the Monash Clayton campus offers a lucrative business opportunity with potential for 8-9% rate of return in this coveted education pocket of Melbourne, a chance to offer luxury new student accommodation for one of Melbourne's finest education institutions, which is consistently ranked in the world's top 100 universities.
What an exciting investment opportunity this is a ready to build luxury rooming house for tertiary students, poised to cater for the international student boom set to reignite Australia's education and property sector, with access not just to the university but to food and retail, community gardens, soccer pitches and the Doug Ellis Swimming Pool, all within a 15min walk.