21/1 O'Connell Street, North Melbourne VIC 3051

Introducing a prime investment opportunity with rental locked in for the new year already at $365/week approx.


A contemporary studio apartment within the exclusive "Victoria Terrace Apartments". Designed specifically for students, this boutique development offers convenience, comfort, and a vibrant urban lifestyle, all within walking distance to Melbourne University, RMIT, and the bustling city centre.


Apartment Features:

- Current rental:
$1434 per calendar month (approx $330/week). Lease renewed and locked-in for next year at $365/week. Lease ends at 21/01/2026

- Purpose-Built for Students: This studio apartment is tailored for student living, featuring a spacious layout with two single beds (photo shows the beds placed together), providing both comfort and practicality.


- Modern Kitchen: Equipped with gas cooking, the kitchen is designed for efficiency and ease, perfect for busy student life.

- Stylish Bathroom: The large contemporary bathroom boasts designer appointments, adding a touch of luxury to everyday living.

- Comfort and Quality: With quality carpet throughout, heating for year-round comfort, and a private balcony offering streetscape views, this apartment ensures a pleasant and conducive environment for study and relaxation.

Building Amenities:

- Security and Accessibility: The secure complex includes a security entry and elevator access to all floors, ensuring peace of mind and convenience for all residents.

- Community Spaces: A large communal lounge provides a perfect space for socialising and unwinding, fostering a strong sense of community among residents.

- Practical Facilities: Coin-operated laundry facilities and bike storage add to the convenience of student living.

- High-Speed Internet: Stay connected with high-speed internet available through Superloop Internet, essential for both study and entertainment.

Location Highlights:


- Prime Position: Situated just minutes from RMIT and Melbourne University, this apartment offers unparalleled access to top educational institutions.

- Urban Lifestyle: Located right on the doorstep of the iconic Queen Victoria Market and the city centre, residents can enjoy a plethora of cafes, restaurants, and shops, all just a short stroll away.


This studio apartment represents an excellent investment in a high-demand area, catering perfectly to the student rental market. With its modern amenities, strategic location, and the unique advantage of being part of a student-only accommodation complex, it promises steady rental returns and potential for capital growth.

Don’t miss out on securing this prime student accommodation unit in North Melbourne. Contact us today to arrange a viewing and explore this exceptional investment opportunity.

NOTE - images show staged furniture for advertising purposes only.