115/60 Waverley Road, malvern east
Exciting opportunity to invest in CampusWalk One
Presenting an exciting investment opportunity within the sought-after CampusWalk One students-only accommodation complex, this stress-free apartment is just a leisurely 100 metres from Monash University Caulfield campus. Offering an attractive 9.4% gross return, this impeccable apartment features two bedrooms, one bathroom, a spacious open plan living and dining area, well-equipped kitchen plus sundrenched balcony. Managed by Student Housing Australia, CampusWalk One is the number one choice for students seeking accommodation close to campus. Just 8km south east of the CBD, the Malvern East complex is also within easy reach of Holmesglen TAFE and is just a stroll to trams, Caulfield train station and Caulfield Plaza for daily necessities. With the peace of mind of secure entry, the complex also boasts large common areas, communal barbeques and laundry room with coin operated machines.
The apartment has always been leased since 2011 (7 years) and is securely leased excluding electricity until February 2019, body corporate fees are an attractive $719.92 per quarter ($2879 annually).
Recent Sales in malvern eastSales Data supplied by REIV
|Address||Bedrooms||Price||Property Type||Sale Type|
|11 Belgrave Rd, malvern east||3||House (Res)||Auction Sale|
|502/839 Dandenong Rd, malvern east||2||Apartment||Auction Sale|
|3/16 Dundonald Av, malvern east||2||Unit||Auction Sale|
Suburb Profile malvern east
Malvern East is located 11 km south-east of the CBD. Malvern East is a small suburb in south-eastern Melbourne The area is primarily residential but includes a number of important educational and retail facilities including the Holmesglen College of TAFE the large Chadstone Shopping Centre and the Christ Campus of the Australian Catholic University in its south-eastern corner. The area has a highly educated and professional work force with more than 40% employed as managers administrators and professionalsMore about this suburb