4/1 Oconnell St, North Melbourne, VIC, 3051

For Sale

$185,000-$195,000

Apartment

•

1 day on the market

View agent price guide

What's around 4/1 Oconnell St

Student Investment Opportunity with O'Connell Street Outlook

Pagan Real Estate presents a fantastic opportunity to purchase this ‘cashcow’ studio/student apartment, in a prime Melbourne location offering excellent rental returns. Current STUDENT HOUSING AUSTRLIA Rent sits at $420 per week. Leased to 15/01/2027. Positioned in a sought-after location, Apartment 4/1 O'Connell Street presents an affordable and low-maintenance investment opportunity in the heart of Melbourne's renowned education precinct. Overlooking O'Connell Street, this well-appointed apartment offers a bright and functional layout designed specifically for student living. Conveniently located within walking distance to major universities, Queen Victoria Market, public transport, parks, cafes, and the CBD, it provides strong appeal to both local and international students. A set-and-forget investment in a prime city-fringe location, this apartment is ideal for investors seeking secure rental demand and long-term convenience.