16/1023 Dandenong Road, Malvern East, Vic 3145
Sold: $132,000 (09-04-2018)- hotel 1
- hot_tub 1
- directions_car 0
- Fabulous investment opportunity
- Currently tenanted to January 2019
- Attractive location for students promises ongoing rental return
One-bedroom student apartment offering the perfect location to students, with a short 10 minute walk to Monash University Caulfield Campus.
This smart, well-kept apartment offers the ideal home base for students. Already equipped with fridge, microwave, desk, desk chair, and single bed, all that remains is for them to move in and get studying! The kitchen offers abundant preparation and storage space, with a gas cooktop and tiled splashback. The separate bedroom has a built-in robe and split system air conditioning, and there is a separate bathroom with shower, toilet and vanity.
The building offers a boutique style development of 26 one-bedroom apartments in a secure setting. Communal facilities include an indoor common area with lounges, a private outdoor common area, and communal laundry with washers and dryers. Secure bike storage is available for cyclists.
Student enrolments at Monash University Caulfield campus have been reported as more than 17,000 per year, making the Caulfield/Malvern East areas particularly prolific student towns. Currently tenanted at $1,151pcm until January 2019, the apartment comes with the promise of ongoing rental return courtesy of its immediate proximity to Monash University.
In addition to the university, residents can walk to Caulfield’s many options in shopping and dining in just 10 minutes. Caulfield Station is just 13 minutes’ walk, and facilitates quick access to Melbourne CBD via Armadale, Toorak, and South Yarra.
This investment opportunity is not to be missed, call today for further details!
PLEASE NOTE THAT THIS IS STUDENT ACCOMMODATION ONLY