An exceptional opportunity to secure a hassle-free investment in one of Melbourne's most sought-after student accommodation precincts. Ideally positioned at 406/591-593 Elizabeth Street, this fully furnished student accommodation apartment is currently leased at $385 per week ($1,673 per month), providing immediate rental income.
Located in the heart of Melbourne's education hub, the property is within walking distance of RMIT University, The University of Melbourne, Melbourne Central, Queen Victoria Market and an array of public transport options, making it highly desirable for both domestic and international students.
Thoughtfully designed to maximise space and functionality, the apartment offers a separate sleeping area with sliding doors, a dedicated study space and a practical kitchenette, creating the ideal environment for student living.
Property Features:
Currently leased at $385 per week ($1,673 per month)
Fully furnished student accommodation apartment
Separate bedroom area with sliding door for added privacy
Built-in study desk and shelving
Kitchenette with electric cooktop, bar fridge space and ample storage
Modern bathroom
Split system heating and cooling
Secure building with intercom access
Low-maintenance investment opportunity
Location Highlights:
Walking distance to The University of Melbourne and RMIT University
Moments from Melbourne Central Shopping Centre and train station
Opposite Queen Victoria Market
Excellent tram and public transport access
Surrounded by cafes, restaurants and everyday conveniences
This property is purpose-built student accommodation and is an ideal addition to any investment portfolio. With a strong rental return and an unbeatable CBD location, it offers investors a secure and low-maintenance asset in Melbourne's thriving student accommodation market.
Contact us today for further information or to arrange an inspection.
Please note: This property is student accommodation and may only be occupied in accordance with the building's occupancy requirements. Images have been virtually staged for illustrative purposes.
