701/K13 Raleigh Street

Tucked inside a well-maintained student complex, Apartment 701 delivers the kind of dependable return and simplicity investors look for. This fully furnished studio offers a ready-made income stream backed by the ongoing demand for quality student accommodation close to the city. Bright, well-planned, and built for function, the apartment features a streamlined kitchen with generous cabinetry. The combined living and study space has been designed for easy everyday living, complemented by a neat, fully tiled bathroom and split-system climate control. Every element is durable, low-maintenance, and made to keep operating costs to a minimum. Currently managed under a professional operator, the property is leased and producing steady rent, allowing investors to enjoy true "set-and-forget" ownership. Building amenities include secure entry, shared laundry facilities, and bicycle storage, while management maintains the complex to a consistently high standard. The address itself is a major drawcard-steps from trams, cafés, and restaurants, and within easy reach of Melbourne's leading universities. This combination of location, convenience, and constant tenant interest ensures the apartment's continuing appeal and solid performance. Features Include: * Currently leased at $1478 a month until 30/6/26 * Bright studio with modern, low-maintenance design * Sleek bathroom with toilet and quality fittings * Split system heating and cooling for all-season comfort * Study nook ideal for university * Secure intercom entry for peace of mind * Contemporary building in a vibrant lifestyle hub * Close to cafés, restaurants, and public transport For investors seeking a proven performer with strong occupancy, reliable income, and minimal upkeep, Apartment 701 is an opportunity that ticks every box. Enquire today!