Here’s a recent advert for a perfect student housing property:
“Where else can you attract an 11.34% return on investment? (Gross)”
Studio Apartment in 546-548 FLINDERS STREET, MELBOURNE -$168,000-
Nestled in the vibrant heart of Melbourne’s CBD, this studio apartment offers a plethora of desirable features, making it an ideal choice for a lucrative rental investment opportunity.
Seeking a secure, high-yield investment of 11.34%? This property is securely leased until September 2025 at $360pw, this amazing apartment promises both convenience and substantial rental returns.
With the Yarra River nearby and an abundance of public transportation options at your doorstep, this apartment boasts a spacious open-plan living and dining area, a well-appointed kitchen and a separate bathroom.’
Key Points on this investment?
- Where else can you enter the property market in Melbourne for an outlay of $168,000!
- Student housing has the least rental arrears of any rental properties.
- Student housing has the lowest Landlord Protection Insurance of any rental properties.
Why this property will be 100% fully rented?
Much of the rental housing in the CBD is made up of students, 30% of them international students. They will pay a premium to have a studio apartment where they can control their environment, feel safe and focus on their study and work.
The Institute of Public Affairs research showed that expected migration of 223,000 international students from 2023 to 2028 could absorb nearly half (46 per cent) of Melbourne’s proposed new housing supply.
Want to discuss this with a real estate professional?
At Student Housing Finder, our co-founder is a licenced real estate agent. So if you would like information or support about purchasing or selling your student housing property, contact us here.