Exceptional 11.4% Rental Yield in Prime Prahran Location
**ALL ENQUIRIES MUST CONTAIN A CONTACT NUMBER FOR FURTHER INFORMATION**
Please enquire online or call our office (open 7 days) on (03) 9808 0481 for a PRIVATE VIEWING of this stunning home.
Positioned just moments from the iconic Chapel Street precinct within the renowned Prahran Mews complex, this beautifully presented, studio apartment presents an exceptional investment opportunity in the heart of Prahran. Delivering an impressive 11.4% gross rental yield, this high-performing investment generates $17,724 in annual rental income. Offering an attractive alternative to traditional low-yielding investments, this fully leased and professionally managed property is ideally suited to investors seeking strong cash flow, SMSF buyers and families looking to secure student accommodation in one of Melbourne’s most vibrant inner-city locations.
Features include:
* Outstanding investment returns generating $1,477 per month in rental income, providing investors with an established income stream.
* An attractive alternative to term deposits, offering the potential for stronger income returns while retaining ownership of a tangible property asset, subject to the risks and costs of property investment.
* Ideal for university parents, particularly interstate or regional families seeking accommodation for children studying in Melbourne, with the potential to offset education-related living expenses through rental income, subject to occupancy arrangements.
* Convenient, professionally managed investment, fully leased and operated by Student Housing Australia (SHA), providing established rental arrangements and ongoing property management.
* Light-filled and spacious studio apartment, thoughtfully designed to maximise comfort and functionality, featuring a practical living and study environment.
* Modern kitchen featuring stylish stone benchtops, stainless steel appliances, gas cooking and excellent storage space.
* Generously proportioned private bathroom featuring contemporary finishes, floor-to-ceiling tiling and a large walk-in shower.
* Secure complex featuring intercom entry, communal laundry facilities and optional secure onsite parking, subject to availability.
* Additional conveniences include gas usage incorporated into rental arrangements and access to discounted Superloop Wi-Fi broadband services.
Perfectly positioned just behind the vibrant Chapel Street precinct, this exceptional apartment places residents within walking distance of Prahran’s finest cafés, restaurants, boutique shopping and entertainment destinations. Prahran Train Station and nearby educational facilities are only moments away, while St Kilda Road tram services provide convenient connections to Melbourne’s CBD. Surrounded by an outstanding selection of lifestyle amenities, educational institutions and public transport options, this highly convenient location continues to appeal to students seeking accessible inner-city accommodation.
Don’t miss this incredible opportunity—enquire today!
Contact Scott Kim and Josh Hanvey today on (03) 9808 0481 for more information and secure this home today!
** Sale Method: Private Negotiation
** Settlement: Negotiable
** Inspection: By Appointment Only
