Currently generating $2232 p/month (approx 13% gross return) for investor and for owner occupier (condition apply) property will be available to move in on the 1st August (or earlier). Whether you're looking to invest or to move in to this property, look no further than this perfectly situated student accommodation opposite to Melbourne University. With over 36% of its students from overseas coming from 130 countries, it will be easy to rent it out with ease or to move in closer to Uni. With high rental market now, you might want to ask yourself why rent if you can buy? Melbourne University is currently ranked #1 in Australia and #33 in the world the amount of students will surely increase in the future. This self inviting apartments concedes of a spacious twin sized bedroom with a two single beds included. With the heat of assignment and exams the property includes its own secluded study area to keep its students on top of their work. Not to mention the large bathroom and kitchen is well equipped and just perfect for easy maintenance. Additional Features: Terrace BBQ Gym & Swimming Pool Resident Lounge with Cable TV Laundry Room 24 Hour Support Study Spaces and Reading Rooms Contact us now for further information or to arrange for a private inspection.