705/139 Bouverie Street, Carlton, Vic 3053

Expertly managed by the UniLodge group, this modern student studio within a designer boutique complex is an astute investment in a wonderful inner city location opposite the green wedge of Lincoln Square and mere metres to the prestigious surrounds of Melbourne University.

Fully furnished with a bed, mattress, couch, study desk, shelving and built-in robes, the interior enjoys plenty of natural light via a large east-facing window overlooking the gardens, while a contemporary kitchen space comes complete with a fridge, granite surfaces, stainless steel Blanco gas appliances and a microwave.

Including an electric wall heater, air-conditioning and a chic bathroom with a shower recess, vanity area and extra storage, the building boasts high-speed wireless internet, 24/7 monitoring, smartcard lift/room access and communal common areas with a lounge, Foxtel & park views.

Currently returns $16,644 per annum.