An outstanding opportunity for savvy investors, this spacious, fully furnished eight-bedroom home is currently registered as student accommodation and offers an impressive rental income of approximately $1,850 per week at full capacity.

Positioned within the sought-after University Estate, the property is conveniently located within easy walking distance of Deakin University, Waurn Ponds, and directly opposite Epworth Hospital. Public transport, shopping, cafés and restaurants are also close by, making this an exceptionally convenient location for students and tenants alike.

The home is designed around comfortable communal living, with a modern central kitchen featuring a large pantry, five-burner gas cooktop, dishwasher and rangehood. The adjoining open-plan dining area provides a welcoming shared space, while additional study areas offer flexibility for residents.

Accommodation comprises eight bedrooms, including two with private ensuites. The remaining bedrooms are serviced by two additional full bathrooms, with a shared laundry completing the practical layout.

Comfort is well catered for throughout the year with gas ducted heating and evaporative cooling, while the double remote-control garage provides secure parking, internal access and additional storage. The property is also serviced by gas hot water, electricity and internet.

With an established student accommodation setup, furnished interiors and multiple income-producing rooms, the property offers investors a flexible opportunity in a location with strong underlying rental demand.

Current Rental Income / Rm. / wk.
Room 1 $250
Room 2 $360 (Double Rm.)
Room 3 $205
Room 4 $210
Room 5 $195
Room 6 $210
Room 7 $ 220
Room 8 $200

Rental figures are based on the current room-by-room schedule provided. At full capacity, the advertised income should be confirmed against the current tenancy arrangements.

Offering a combination of multiple income streams, furnished accommodation and a highly convenient position, this is a compelling investment opportunity for those seeking an established student accommodation property in Highton.

Contact the agent today to arrange an inspection and explore the income potential of this unique property.

*All information about the property has been provided to Hayeswinckle by third parties. Hayeswinckle has not verified the information and does not warrant its accuracy or completeness. Parties should make and rely on their own enquiries in relation to this property.