302/6-8 High Street, North Melbourne VIC 3051

The Phone Code for this property is: 50676. Please quote this number when phoning or texting.

Delivering an impressive 11% rental yield, this fully managed student investment apartment offers a true set-and-forget income opportunity. Currently rented at $1,434 per month, this property combines strong returns with peace of mind, thanks to expert management by Student Housing Australia (SHA) - one of Australia's leading student accommodation providers.

Located in the heart of North Melbourne, just a short walk to Melbourne University, SHA on High St provides students with unbeatable convenience and lifestyle benefits. With trams at your doorstep, a short walk to the new Parkville train station, and the CBD just minutes away, this location ensures excellent connectivity and year-round rental demand.

The apartment comes fully furnished and features:
- Modern kitchenette with gas cooking, microwave, and ample storage
- LCD TV, study desk and chair, and secure electronic access
- Access to shared common areas and on-site laundry facilities


Outgoings:
- Council Rates: approx. $520 p.a.
- Owners Corporation Fees: approx. $2,480 p.a.

SHA's professional on-site management guarantees consistent occupancy, professional tenant care, and maximised returns - ideal for investors seeking low-maintenance property ownership in a high-demand student area.

Don't miss this rare opportunity to secure a high-yield student investment in one of Melbourne's most sought-after education hubs.

Disclaimer:

Whilst every care has been taken to verify the accuracy of the details in this advertisement, For Sale By Owner Pty Ltd (forsalebyowner.com.au) cannot guarantee its correctness. Prospective buyers or tenants need to take such action as is necessary, to satisfy themselves of any pertinent matters.