517/2 Eastern Place

Secure a fantastic investment opportunity in one of Melbourne's most sought-after student precincts. This furnished student accommodation studio offers strong rental appeal and is currently rented at $315 per week, making it an attractive addition to any investment portfolio. Located within a modern student-only complex, this well-presented studio apartment provides a practical and comfortable living environment. Filled with natural light, the property features an open-plan layout, a well-equipped kitchenette, private bathroom, and all the essentials students require for convenient inner-city living. The location is a standout feature, with Swinburne University just a short walk away, ensuring consistent demand from students year after year. Residents also enjoy easy access to Glenferrie Road's vibrant shopping and dining precinct, trams, cafes, and Auburn Railway Station. Deakin University is readily accessible via Tram Route 75, while Melbourne's CBD can be reached in approximately 20 minutes by train. Whether you are looking to expand your investment portfolio or secure an affordable entry into Melbourne's student accommodation market, this property presents an excellent opportunity in a high-demand location. Investment Highlights: Furnished student accommodation studio Rental return of $315 per week ($1369 per month) Lease until 10 Feb 2027 Modern student-only building Bright and functional layout with private bathroom Walking distance to Swinburne University Close to transport, shopping, cafes and amenities Easy access to Deakin University and Melbourne CBD An affordable, low-maintenance investment in a proven student accommodation market.