Incredible 8.7% Net Return, Stunning Location

• Student Accommodation Only Investment
• Positioned within College Square directly opposite Melbourne University, delivering a strong investment return of approximately 8%.
• One-bedroom apartment of approx. 32sqm featuring a functional layout with separate living and study zones.
• Fully furnished with practical interiors, ready for immediate tenancy.
• Secure building with 24-hour security and onsite management, supporting consistent occupancy and low vacancy.
• Well-equipped kitchen with gas cooktop and ample storage.
• Residents enjoy access to on-site facilities including gym, lap pool and communal areas.
• Ideally located close to tram access, Lygon Street dining, Queen Victoria Market and the CBD.
• Walking distance to Melbourne University and RMIT.

Outgoings:
Body Corporate - $6,600 approx. per year
Council Rates - $545 approx. per year
Water Rates - $726 approx. per year

Property Size:
Internal - approx. 32m²
Total Size - approx. 32m²

Rental Return:
$1893 per month

This well-maintained apartment within College Square presents a compelling investment opportunity in one of Melbourne's most established student precincts. Positioned directly opposite Melbourne University, it benefits from consistent rental demand, supported by professional onsite management and 24-hour security for added peace of mind.

Spanning approximately 32sqm, the intelligently designed floorplan incorporates separate living and study areas, complemented by a fully furnished fit-out and a functional kitchen with gas cooking. Residents have access to quality amenities including a gym, lap pool and shared recreational spaces, enhancing tenant appeal and long-term occupancy.

With trams at your doorstep and key lifestyle attractions such as Lygon Street, Queen Victoria Market and the CBD all within easy reach, this is a low-maintenance, high-demand investment opportunity. Its proximity to both Melbourne University and RMIT further underpins reliable rental performance within a tightly held student accommodation market.

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 0.63km
University High School Secondary 7-12 Government 0.80km
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
Fitzroy Primary School Primary Prep-6 Government 1.5km
North Melbourne Primary School - Molesworth Street Campus Primary 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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