FOR SALE
$120,000 - $130,000

103/903 Dandenong Road Service Road
Malvern East VIC 3145

Bedrooms: 1
Bathrooms: 1
Car spaces: -
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PRIME STUDENT ACCOMMODATION: IDEAL INVESTMENT WITH HIGH YIELD

Currently tenanted until January 2025.
Gross Yield: 14% p/a approx.
This low-maintenance student accommodation apartment, located opposite Monash University, is an excellent opportunity for investors or parents seeking quality housing for their children. The spacious floorplan includes a separate bedroom with a built-in robe and ensuite bathroom, a well-equipped kitchenette with a gas cooker and mini-fridge, and a light-filled study/dining room.
The four-storey building is ideally positioned near Monash University's Caulfield Campus, Caulfield Train Station, and multiple bus and tram stops. Additionally, residents can easily access nearby cafes, eateries, specialty stores, and the retail hubs of Caulfield East, Malvern East, and Carnegie.
Current Rental: $1,434 per calendar month (approx.)
*Photo ID required at all First National JXRE open for inspections and auctions. First National JXRE may refuse to provide further information on the property should you prefer not to disclose your full contact information including phone number.
Disclaimer: We have in preparing this document used our best endeavours to ensure that the information contained in this document is true and accurate, but accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies or misstatements in this document. Prospect purchasers should make their own enquiries to verify the information contained in this document. Purchasers should make their own enquires and refer to the due diligence check-list provided by Consumer Affairs. Click on the link for a copy of the due diligence check-list from Consumer Affairs. http://www.consumer.vic.gov.au/duediligencechecklist
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Property Details for 103/903 Dandenong Road Service Rd, Malvern East

103/903 Dandenong Road Service Rd, Malvern East is a 1 bedroom, 1 bathroom Apartment. The place is currently for sale with First National JXRE.

Building Type
Apartment

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About Malvern East 3145

The size of Malvern East is approximately 7.7 square kilometres. It has 25 parks covering nearly 14.3% of total area. The population of Malvern East in 2011 was 20,066 people. By 2016 the population was 21,713 showing a population growth of 8.2% in the area during that time. The predominant age group in Malvern East is 20-29 years. Households in Malvern East are primarily couples with children and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Malvern East work in a professional occupation. In 2011, 68% of the homes in Malvern East were owner-occupied compared with 64.9% in 2016.

Malvern East has 12,620 properties.

    There are currently 53 properties listed for sale, and 16 properties listed for rent in Malvern east on OnTheHouse. According to CoreLogic's data, 430 properties were sold in the past 12 months in Malvern east.

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