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Apartment
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for sale
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New
FURNISHED STUDIO INVESTMENT 1 BATHROOM | 10.77% GROSS RETURN
Caulfield North
· 1 Bedroom · 1 Bath · Apartment
· Equipped kitchen
Caulfield North · 1 Bedroom · 1 Bath · Apartment · Equipped kitchen
Secure this affordable investment opportunity in Caulfield North, ideally located close to Monash University's Caulfield campus, public transport, local shops, cafés and Caulfield Park. Offering a furnished ground-floor studio with its own kitchen and bathroom, this property provides convenient accommodation suited to student living. Residents also enjoy access to communal facilities, including a shared kitchen, laundry, BBQ area and landscaped courtyard with shaded outdoor seating. HIGH-YIELD INVESTMENT NO COSTLY MANAGEMENT FEES! Unlike many student accommodation investments managed by operators such as Student Housing Australia (SHA) or UniLodge, this property offers the advantage of no ongoing letting or management fees eating into your rental returns. NO MANAGEMENT OR LETTING FEES. LEASE DETAILS Price: $149,950 Current Rent: $16,164 p.a. / $310 p.w. Current Gross Return: 10.77% Current Net Return: 8.32% Leased to 24 February 2027 RENT INCREASE February 2027: $17,472 p.a. / $336 p.w
Secure this affordable investment opportunity in Caulfield North, ideally located close to Monash University's Caulfield campus, public transport, local shops, cafés and Caulfield Park. Offering a furnished ground-floor studio with its own kitchen and bathroom, this property provides convenient accommodation suited to student living. Residents also enjoy access to communal facilities, including a shared kitchen, laundry, BBQ area and landscaped courtyard with shaded outdoor seating. HIGH-YIELD INVESTMENT NO COSTLY MANAGEMENT FEES! Unlike many student accommodation investments managed by operators such as Student Housing Australia (SHA) or UniLodge, this property offers the advantage of no ongoing letting or management fees eating into your rental returns. NO MANAGEMENT OR LETTING FEES. LEASE DETAILS Price: $149,950 Current Rent: $16,164 p.a. / $310 p.w. Current Gross Return: 10.77% Current Net Return: 8.32% Leased to 24 February 2027 RENT INCREASE February 2027: $17,472 p.a. / $336 p.w
Request Details