306B/71 Riversdale Road

Delivering an impressive 11% gross rental yield, this fully managed student investment apartment offers a true set-and-forget income opportunity. Currently rented at $1,325 per month, this property combines strong returns with peace of mind, thanks to expert management by UniLodge - one of Australia's leading student accommodation providers. Located in the heart of Hawthorn, just a short walk to Swinburne University of Technology, UniLodge on Riversdale provides students with unbeatable convenience and lifestyle benefits. With trams at your doorstep, Hawthorn and Glenferrie train stations nearby, and the vibrant Glenferrie Road precinct 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. $450 p.a. - Owners Corporation Fees: approx. $2,400 p.a. UniLodge'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. The Phone Code for this property is: 46017. Please quote this number when phoning or texting. 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.