307/60 Waverley Road, Malvern East, Vic 3145

With property returns getting tighter it is refreshing to find such a great strong yielding investment. Melbourne is home to world class Universities which are sought after throughout Australia and Asia. This makes student accommodation property in great locations in high demand and hot property.

"Campuswalk" is operated by Student Housing Australia and is adjacent to Monash University's Flagship Caulfield Campus and all the surrounding facilities like Coles, and many other retail and cafes / restaurants.

Caulfield train station and the Dandenong Road bus stop make getting to other universities or Melbourne's CBD a breeze.

The apartment kitchen is very well appointed with gas cook top, dishwasher, extractor fan, and plenty of bench space. There is a modern bathroom, security intercom, built in robes and electric heating.

The rent is $1,151 per month which on an annual basis makes the gross return a very attractive 9.2%