This furnished student-only unit offers an outstanding investment opportunity in the heart of Prahran, delivering a gross yield of over 12% at the top of the selling range. Securely leased at $1,369 per calendar month until February 2026, this is a strong performing asset with reliable rental income from day one.
Purpose-built for student living, the apartment is light-filled and practical, featuring a combined living and bedroom area, meals area, private bathroom, kitchenette, study desk and juliette balcony. The building provides lift access, a communal laundry, bike storage and optional car stacker spaces for rent.
Perfectly positioned just moments from Melbourne Polytechnic, Prahran Station, and the lively Chapel Street precinct, students enjoy effortless access to cafes, shops, restaurants, and the Melbourne CBD.
This is a set-and-forget investment in one of Melbourne’s most popular student accommodation hubs, offering both affordability and impressive returns.
Key Features:
- Purpose-built student accommodation
- Leased at $1,369 per calendar month until Feb 2026
- Fully furnished studio with kitchenette and bathroom
- Secure building with lift access and intercom entry
- Communal laundry and bike storage
- Optional car stacker spaces for rent
- Prime location near Chapel Street, Prahran Station & Melbourne Polytechnic
- Gross yield approx. 12% | Nett yield approx. 8–9%
Whether you’re expanding your portfolio or entering the investment market for the first time, this Prahran unit is a secure, hassle-free income earner in a blue-chip location.
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Disclaimer: Images are digitally edited and contain styled furniture for display purposes only.
We have, in preparing this document, used our best endeavors to ensure that the information contained is accurate. Images with staged furnishings as indicated on the photos. Prospective purchasers should independently verify all information provided and consult the due diligence checklist provided by Consumer Affairs Victoria
