Overview
112/141 Waverley Road,
Located just 200 metres from Monash University’s Caulfield campus, this fully furnished studio apartment is designed exclusively for students, presenting an outstanding investment opportunity. The property currently has a lease in place generating an annual income of $19,200, making it a high-yield investment option.
This apartment combines comfort and functionality, featuring a private bathroom and a built-in wardrobe for convenient storage. The living space includes a study desk, chair, bed, and mattress, all provided to meet the needs of student residents. The kitchen is equipped with gas cooking facilities, enhancing the practicality of the apartment.
Residents enjoy secure entry to the building, ensuring safety and peace of mind. Communal amenities include a lounge area with table tennis, a balcony with a gas BBQ for social gatherings, and shared laundry facilities. Additionally, high-speed Superloop Wi-Fi is available at discounted rates for students, and gas usage is included in the rent, adding to the property's appeal.
Situated in the vibrant suburb of Malvern East, the apartment benefits from close proximity to public transport options, local shops, and the popular Chadstone Shopping Centre, providing convenience and lifestyle advantages for tenants.
Key features of the property include:
- Current lease generating $19,200 per annum, secured until 16th January 2026
- Fully furnished studio apartment exclusively for students
- Private bathroom and built-in wardrobe
- Kitchen with gas cooking facilities
- Private courtyard area
- Furnished with study desk, chair, bed, and mattress
- Secure entry with access to communal lounge and BBQ area
- Shared laundry facilities
- High-speed Superloop Wi-Fi available at discounted student rates
- Only 200 metres from Monash University Caulfield campus
- Close to public transport and Chadstone Shopping Centre
This property represents a secure and high-yield investment opportunity in a prime location catering specifically to student accommodation needs. It is ideal for investors seeking a reliable income stream with minimal management requirements in a sought-after educational precinct.
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.
Location
Malvern East VIC 3145
Market Insights for Malvern East VIC 3145
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