Positioned in the vibrant heart of Malvern East, this spacious 1-bedroom studio-style apartment presents an outstanding opportunity for astute investors looking to enter or expand in the student accommodation market.
Unlike many student units, this well-proportioned studio is large enough to comfortably accommodate a double bed, offering a more desirable and functional layout for students seeking extra comfort and space. Furnished and well-maintained, it features:
- A modern kitchen with ample storage
- An open-plan living/bedroom area with large windows
- Tidy bathroom with all essentials
- Secure building with common facilities including laundry and communal areas
- Resident-only parking to rent
- Wi-Fi rates to cater to the digital needs of students
Currently vacant and ready to occupy, this property offers flexibility for investors needing a quick settlement to move in a new tenant immediately.
Alternatively, enjoy peace of mind with an estimated rental return of $365–$385 per week, generating strong passive income from day one.
The student accommodation sector continues to flourish, fuelled by a sustained influx of both domestic and international students. With Australian universities regaining full enrolment strength and on-campus learning reinstated, demand for well-located student housing is growing rapidly—particularly in prime locations near transport and tertiary institutions like this one. Purpose-built, well-managed student accommodation such as this is becoming increasingly sought after by savvy investors looking for reliable, long-term returns.
Located just moments from Monash University (Caulfield Campus), train and tram lines, local shops and cafes, the property enjoys consistent demand from local and international students.
Outgoings (approx.):
- Council Rates: $129/qtr*
- Water: $191/qtr*
- Owners Corp: $805/qtr*
(*Buyers should confirm figures via Section 32 documentation)
Whether you’re seeking an affordable foothold in a blue-chip suburb or a high-yield set-and-forget investment, this one ticks the boxes.
Contact us today for further details or to arrange a private inspection.
