Golden investment opportunity in the highly sought after suburb of Malvern East for the astute investor. Whether this is an addition to your portfolio or investing for your children's future. Do not overlook this self-contained studio. Why invest in student housing you ask? For its great income yields. Student housing offers stability for the return of investment. It is hassle free as it is often managed by the student housing group. This studio is currently tenanted at $260 per week. It is walking distance to Monash University (Caulfield campus). 200 meters away Spacious & fully furnished student only apartments. Your children can live here if they hold a student Identification card. The complex provides security entrance. Facilities includes common lounge with table tennis table, balcony area with gas BBQ and communal laundry. Wireless broadband internet available at student discount price. This particular apartment features: Access to a courtyard Spacious areas with heating Kitchen with gas cooking Private bathroom Built in wardrobe Study desk and chair Bed and mattress Broadband internet and telephone points (at own cost) Gas usage included in rental. Furniture, crockery and cutlery are provided.