Premium Location, Incredible 8% Return

- Student Acom Only
- Located in College Square, opposite Melbourne University, offering strong 8% rental return.
- One-bedroom twin share apartment approx. 43sqm with separate living and study areas.
- Fully furnished with practical interiors for immediate tenancy.
- 24-hour security and onsite management ensure low vacancy and peace of mind.
- Kitchen with gas cooktop and ample storage.
- Resident facilities include gym, lap pool and communal spaces.
- Close to trams, Lygon Street, Queen Victoria Market and the CBD.
- Walking distance to Melbourne University and RMIT.

Outgoings
Body Corporate - $8,135.00 approx. per year
Council Rates - $596 approx. per year
Water Rates - $737 approx. per year

Property Size
Internal - approx. 43m2
Total size - approx. 43m2

Rental Estimate
Approx. $455 Per Week

This well-presented apartment in College Square offers investors a prime opportunity within Melbourne's bustling education precinct. Just opposite Melbourne University, it benefits from consistent tenant demand, supported by secure onsite management and 24-hour security, helping to protect your investment.

Offering approximately 43sqm, the smart layout includes a separate study area and living space, complemented by a fully furnished interior and kitchen with gas cooking. Residents enjoy access to facilities such as a gym, lap pool and communal recreation areas, all contributing to consistently strong tenant appeal and occupancy.

With convenient tram access out front and nearby amenities including Lygon Street cafes and restaurants, Queen Victoria Market and the CBD, this apartment stands out as an attractive, hassle-free investment in a sought-after location. The proximity to both Melbourne University and RMIT ensures strong, ongoing demand from a large student population.

All information about the property has been provided to Ray White by third parties. Ray White has not verified the information and does not warrant its accuracy or completeness. Parties should make and rely on their own enquiries in relation to the property.

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Explore the area

School catchments

Carlton Primary School Primary Prep-6 Government 0.45km
Carlton Gardens Primary School Primary Prep-6 Government 0.64km
University High School Secondary 7-12 Government 0.79km
University High School-Elizabeth Blackburn School of Sciences Secondary Government 0.90km
Carlton North Primary School Primary Prep-6 Government 1.1km
Academy of Mary Immaculate Secondary 7-12 Catholic 1.1km
Mount Alexander 7-12 College-River Nile Campus Secondary Government 1.1km
North Melbourne Primary School Primary Prep-6 Government 1.2km
Simonds Catholic College - St Brigid's VCE Campus Secondary Catholic 1.2km
Sacred Heart School Primary Prep-6 Catholic 1.3km
SEDA College (Victoria) - Brens Pavilion Royal Park Secondary Independent 1.3km
Simonds Catholic College Secondary 7-12 Catholic 1.4km
Ozford College Secondary 10-12 Independent 1.5km
Ozford College - Ozford College Campus Secondary Independent 1.5km
North Melbourne Primary School - Molesworth Street Campus Primary Government 1.5km
Fitzroy Primary School Primary Prep-6 Government 1.5km
Holmes Grammar School Secondary Independent 1.5km
Princes Hill Secondary College Secondary 7-12 Government 1.6km
Stott's Colleges Secondary Independent 1.6km
Fitzroy Community School Primary Prep-6 Independent 1.6km
Eltham College - Lonsdale Street Campus Combined Independent 1.7km
St Michael's Primary School Primary Prep-6 Catholic 1.7km
University High School-Londsdale Street Campus Secondary Government 1.7km
Haileybury College - City Boys Combined Independent 1.8km
Haileybury College - City Girls Combined Independent 1.8km
Princes Hill Primary School Primary Prep-6 Government 1.9km
Victorian School Of Languages Combined Government 1.9km
Collingwood College-Collingwood Alternative School Combined Government 1.9km

Nearest schools, measured in a straight line from the property. Provided as a guide only; check catchment and enrolment eligibility with the school. School data © ACARA, licensed under CC BY 4.0.

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