408/45 Victoria Parade

Positioned within the iconic Cambridge Court heritage building, this well maintained two bedroom student accommodation apartment presents an outstanding investment opportunity in Melbourne's tightly held city fringe. Currently returning $2,173 per calendar month, approximately $500 per week, the property offers strong and consistent rental income in a location known for sustained student demand. Quality student accommodation in this pocket of Collingwood remains highly sought after due to its proximity to major universities, hospitals and the CBD. The floorplan provides two separate bedrooms, a central bathroom and an open plan living and meals area. The functional kitchen includes ample storage and preparation space, creating a practical layout for shared living. High ceilings and classic period features reflect the character of the Cambridge Court building, while secure entry ensures peace of mind for residents. Situated moments from Smith Street's vibrant retail and dining scene, Fitzroy Gardens, Victoria Street eateries and city bound trams at your doorstep, the location is second to none. North Richmond Station is within walking distance and the CBD is only a few kilometres away. Australian Catholic University, RMIT and the University of Melbourne are all easily accessible. With a proven rental history, strong weekly return and blue chip inner north address, this is a compelling addition to any investment portfolio. Contact us to organise an inspection. ------ Disclaimer: Images are digitally edited and contain styled furniture for display purposes only. We have, in preparing this document, used our best endeavors to ensure that the information contained is accurate. Images with staged furnishings as indicated on the photos. Prospective purchasers should independently verify all information provided and consult the due diligence checklist provided by Consumer Affairs Victoria