118/60 Waverley Road, Malvern East VIC 3145

Introducing an exceptional investment opportunity in the heart of Malvern East: a beautifully presented one-bedroom, student-only investment apartment. This property offers a secure and reliable source of passive income.

Ideally located with easy access to public transport and proximity to Monash University, this apartment is always in high demand. Its prime location ensures consistent occupancy, making it a solid, low-risk investment.

Current rental income: $1,434 per month (until Jan 2025)
Newly signed 12-month lease with rental income of $1,560 per month starting 7th February 2025

Outgoings:
• General Council Rates: Approx. $127 per quarter*
• Water Services: Approx. $187 per quarter*
• Owners Corporation Fee: Approx. $804.37 per quarter*
• High rental yield in a sought-after location near major educational institutions.

This is a rare and remarkable investment opportunity for savvy investors seeking secure, steady returns. With its potential for capital growth, desirable location, and consistent rental income, this student-only accommodation is a must-see.

Don't miss out. Contact us today to arrange a viewing and explore this fantastic opportunity further!


Disclaimer: We have, in preparing this document, used our best endeavours to ensure that the information contained in this document is true and accurate, but we accept no responsibility and disclaim all liability with respect to any errors, omissions, inaccuracies or misstatements in this document. Prospective purchasers should make their own enquiries to verify the information contained in this document. Purchasers should make their own enquiries and refer to the due diligence checklist provided by Consumer Affairs. Click on the link for a copy of the due diligence checklist from Consumer Affairs. http://www.consumer.vic.gov.au/duediligencechecklist