• Student Accommodation Only Investment
• Positioned within College Square directly opposite Melbourne University, delivering a strong investment return of approximately 8%.
• One-bedroom apartment of approx. 32sqm featuring a functional layout with separate living and study zones.
• Fully furnished with practical interiors, ready for immediate tenancy.
• Secure building with 24-hour security and onsite management, supporting consistent occupancy and low vacancy.
• Well-equipped kitchen with gas cooktop and ample storage.
• Residents enjoy access to on-site facilities including gym, lap pool and communal areas.
• Ideally located close to tram access, Lygon Street dining, Queen Victoria Market and the CBD.
• Walking distance to Melbourne University and RMIT.
Outgoings:
Body Corporate - $6,600 approx. per year
Council Rates - $545 approx. per year
Water Rates - $726 approx. per year
Property Size:
Internal - approx. 32m²
Total Size - approx. 32m²
Rental Return:
$1893 per month
This well-maintained apartment within College Square presents a compelling investment opportunity in one of Melbourne's most established student precincts. Positioned directly opposite Melbourne University, it benefits from consistent rental demand, supported by professional onsite management and 24-hour security for added peace of mind.
Spanning approximately 32sqm, the intelligently designed floorplan incorporates separate living and study areas, complemented by a fully furnished fit-out and a functional kitchen with gas cooking. Residents have access to quality amenities including a gym, lap pool and shared recreational spaces, enhancing tenant appeal and long-term occupancy.
With trams at your doorstep and key lifestyle attractions such as Lygon Street, Queen Victoria Market and the CBD all within easy reach, this is a low-maintenance, high-demand investment opportunity. Its proximity to both Melbourne University and RMIT further underpins reliable rental performance within a tightly held student accommodation market.
