Fantastic investment 13% + yield – student accommodation

709/9 Earl Street, Carlton, 3053

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133,000 AUDEst. Mortgage: AUD 935/monthFor Sale
  • Ownership Type Apartment
  • Property Area 0 sqft
  • Bedrooms Studio
  • Bathrooms 1
  • Furnished No
  • Last Updated 24th Apr, 2023

Amenities

Feature that provides comfort, convenience, or pleasure
  • Intercom
  • Split-system Air Conditioning

Property Overview

A great place to call home while you study or a fantastic investment, this smart self-contained student apartment (approx. 15.5 sqm) is in the heart of Carlton and within walking distance to RMIT and Melbourne University.<br/><br/>Instant double digit returns will be appealing for investors with lease in place until 31st Jan 2024 with rental income of $1,469 per month. The development offers a terrace with northeast city views and residents can take advantage of the common area for study and social meetings. Onsite building managers are available through D2 UniLodge during the business hours. <br/><br/>The premium location makes for an obvious first choice for students as a place to live, study and relax. It is the perfect set-and-forget investment and investors will need to act quickly to benefit from this once again booming demographic. <br/><br/>- Leased at $1,469pcm until 31st Jan 2024<br/>- Smart layout with study area<br/>- Self contained kitchenette with gas top cooking<br/>- Pristine bathroom.<br/>- Split system heating/cooling<br/>- Great Facilities including lounge, roof terrace, laundry facilities, study & entertainment areas & much more<br/>- Comes partly furnished.<br/>- Managed onsite by the UniLodge ensuring great service and low vacancy rates.<br/>- Public transport on the door step<br/>- Close to shops, cafes, restaurants<br/>- Easy walk or Tram ride to the CBD<br/>- Melbourne University & RMIT both on your doorstep.<br/>- 15.5 SQM in size approx.<br/>

Location on Google Map

709/9 Earl Street, Carlton, 3053

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