Here’s an investment with a difference! Student accommodation is a popular option for many investors and why not The tenancies are assured, the building is well managed and the location is second-to-none, being within easy walking distance to Melbourne University and the Royal Melbourne Hospital. There are also many other facilities close to the building not the least of which is the Melbourne CBD not far away. Trams are within a few turns as are sports, leisure and entertainment facilities. The apartment itself is compact and well designed to suit a single student. It features an open plan layout with bedroom/living area, kitchenette, bathroom and storage space. Better still, there are secure returns and no shortage of prospective tenants.
Rental return: approx $1065 pcm / $245 per week.

Please call Brad Hateley on 0412 933 883 or Greg Bowring on 0400 641 580.