Overview
124/800 Swanston Street,
This exceptional apartment presents a remarkable opportunity for astute investors and SMSF buyers seeking a highly rentable student accommodation unit within the iconic Student Living – 800 Swanston Street complex, a premier address in Carlton renowned for purpose-built student residences.
Located just steps from the University of Melbourne, this property benefits from immediate access to tram services that connect residents to Melbourne's CBD and broader metropolitan areas, ensuring consistent premium demand from tertiary students year-round.
Unit 124 features a thoughtfully designed layout comprising two bedrooms and one bathroom, catering ideally to both owner-occupiers and investors targeting the student rental market. The unit currently generates an impressive rental income of approximately $3,130 per month, offering exceptional cash flow with minimal vacancy risk due to its prime location and strong tenant demand.
Residents of this professionally managed student community enjoy access to a variety of lifestyle and onsite amenities tailored specifically for student living. These include communal lounges, dedicated study spaces, a gymnasium, swimming pool, and other facilities that enhance the living experience and foster a supportive community environment.
Key investment highlights include:
- Premium student accommodation situated in the heart of Carlton
- Strong and reliable income return of approximately $3,130 per month
- Well-configured two-bedroom, one-bathroom layout with high demand from tertiary tenants
- Part of the established Student Living – 800 Swanston Street complex, known for excellent amenities and community features
- Convenient proximity to the University of Melbourne, RMIT, and public transport options
- Fully furnished and ready for immediate investment
This property represents a rare and compelling offering for those looking to expand their investment portfolio or secure a high-yield asset within Melbourne's competitive rental market. With solid fundamentals and promising future capital growth potential, 124/800 Swanston Street is an outstanding choice for investors seeking dependable returns and long-term value.
For further details or to arrange a private inspection, prospective buyers are encouraged to contact the selling agent directly.
While every effort is made to ensure the accuracy and completeness of the property information provided, no guarantee is given. Buyers should independently verify all details, inclusions, availability, pricing, and other relevant information directly with the listing agent before relying on this information.
Change History
| Headline | When |
|---|---|
| $275,000 | |
| $350,000 To $385,000 |
Location
Carlton VIC 3053
Market Insights for Carlton VIC 3053
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