11/800 Swanston Street
Carlton, VIC 3053

Overview

Incredible 8.7% Net Return, Stunning Location

This one-bedroom apartment, approximately 32 square meters in size, is a dedicated student accommodation investment located within the College Square complex, directly opposite Melbourne University. It offers a strong investment return of around 8.7%, making it an attractive opportunity for investors seeking consistent rental income.

The apartment features a functional layout that includes separate living and study zones, designed to meet the needs of student tenants. It comes fully furnished with practical interiors, allowing for immediate tenancy without the need for additional setup.

Residents benefit from a secure building environment with 24-hour security and onsite management, which supports consistent occupancy and maintains low vacancy rates. The kitchen is well-equipped with a gas cooktop and ample storage space, providing convenience for daily living.

On-site facilities enhance the lifestyle and appeal of the property, including access to a gym, a lap pool, and communal areas for social and recreational activities. The location is highly convenient, with close proximity to tram access, the vibrant dining precinct of Lygon Street, Queen Victoria Market, and the central business district (CBD).

Both Melbourne University and RMIT are within walking distance, further strengthening the property's appeal to student tenants and ensuring a steady demand for rental accommodation.

Outgoings for the property include an approximate annual body corporate fee of $6,600, council rates of around $545 per year, and water rates estimated at $726 per year.

The apartment's internal and total size is approximately 32 square meters, making it a compact and manageable investment. The current rental return is approximately $1,893 per month, reflecting the strong demand and premium location.

This well-maintained apartment within College Square represents a compelling investment opportunity in one of Melbourne's most established student precincts. Its strategic location opposite Melbourne University ensures consistent rental demand, supported by professional onsite management and 24-hour security for peace of mind.

The intelligently designed floorplan maximizes the use of space, incorporating separate living and study areas, complemented by a fully furnished fit-out and a functional kitchen with gas cooking facilities. Access to quality amenities such as a gym, lap pool, and shared recreational spaces enhances tenant appeal and supports long-term occupancy.

With trams at the doorstep and key lifestyle attractions including Lygon Street, Queen Victoria Market, and the CBD within easy reach, this property offers a low-maintenance, high-demand investment opportunity. Its proximity to both Melbourne University and RMIT further underpins reliable rental performance within a tightly held student accommodation market.

Location