Positioned higher within the popular UniLodge building, this well-presented twin-share apartment combines practical student accommodation with an elevated outlook across Carlton and towards the Dandenong Ranges.
Tenanted at approximately $2,100 per calendar month until January 2027, the property offers immediate rental income and represents strong net rental yields of over 8%, making it an appealing option for investors seeking a well-located inner-city holding.
Recently refreshed with a new coat of paint, professionally steam-cleaned carpets and additional cosmetic improvements, the apartment presents neatly throughout. The twin-share configuration provides twin beds together with a dedicated study area, creating useful separation between rest, study and everyday living.
Natural light and the elevated position add to the sense of space, with attractive views across the surrounding Carlton streetscape and towards the mountains in the East.
Residents enjoy access to an extensive range of shared amenities, including a gas-heated swimming pool, basketball court, fully equipped gym, common lounge, dedicated study facilities and games room. The building also offers secure access and an on-site reception presence.
The location remains one of the apartment’s strongest attributes. The University of Melbourne is directly across the road, while Swanston Street trams provide easy access into the CBD. Parkville Station, Lygon Street, Melbourne Central, Carlton Gardens and Princes Park are all within easy reach, making this a highly convenient base for students.
For investors seeking an immediately income-producing Carlton property with a practical twin-share layout, separate study, elevated outlook and strong proximity to major universities, 539/800 Swanston Street presents a compelling opportunity.
We donate a portion of our fee from every property transaction to the Woodards Foundation to support people experiencing homelessness, family violence and social isolation.
