For Sale

706/591 Elizabeth Street, Melbourne, VIC, 3000

$145K - $155K

1
1

Unit

3 days on the market

View agent price guide

What's around 706/591 Elizabeth Street

High-Performing Student Accommodation Investment in Melbourne's Education Precinct

Secure an exceptional investment opportunity with this modern, purpose-built student accommodation apartment, ideally positioned in the heart of Melbourne. Currently leased at $385 per week ($1,673 per month), this low-maintenance property delivers immediate rental income in one of the city's most sought-after student locations. Thoughtfully designed to maximise comfort and functionality, the apartment offers a well-planned layout with quality finishes, making it highly attractive to both local and international students. Property Features * Currently leased at $385 per week ($1,673 per month) until 12 Jan 2027 * Purpose-built student accommodation * Separate bedroom with built-in robe * Private ensuite bathroom * Modern kitchenette with electric cooktop, bar fridge and ample storage * Dedicated study desk with shelving and storage * Reverse-cycle heating and cooling * Secure building with lift access * Low-maintenance investment with strong rental appeal Outstanding CBD Fringe Location. Perfectly positioned within walking distance to: * The University of Melbourne * RMIT University * Queen Victoria Market * Melbourne Central Shopping Centre * Flagstaff Gardens * Carlton's renowned café and dining precinct * Free tram zone and excellent public transport connections With Melbourne continuing to attract thousands of domestic and international students each year, this apartment presents an outstanding opportunity to secure a reliable investment in a consistently high-demand location. Whether you're looking to expand your investment portfolio or secure a hassle-free property with strong rental returns, this is an opportunity not to be missed. *Please note: This apartment is located within a purpose-built student accommodation building. Occupancy is subject to the building's management rules and requirements.*

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