2 & 3/949 Dandenong Road, Malvern East

Apartment

Beds: 1
Baths: 1

$140,000 - $150,000

Prime Investment Opportunity Opposite Monash University – Over 14% Rental Yield.

Positioned directly opposite Monash University's Caulfield Campus, this purpose-built student accommodation at 949 Dandenong Road, Malvern East, presents an exceptional opportunity for investors seeking strong, consistent rental returns in a tightly held education precinct.

This modern, low-maintenance studio apartment is located within a secure complex known for high student demand. With limited stock and proximity to world-class education, this property offers a dependable investment with historically low vacancy rates.

✅ Key Investment Features:

Strategic Location: Walk to Monash University Caulfield, Caulfield Station, trams, and retail hubs.

Strong Rental Demand: Popular with local and international students – ideal for long-term tenancy stability.

Secure Building: Keycard access, CCTV, communal lounge & laundry facilities.

Low Outgoings: Gas included, affordable body corporate, and strong rental yields.

Investor-Only Building: Exclusively for full-time tertiary students – no owner-occupier restrictions.

Whether you're looking to expand your portfolio or enter the market with a hassle-free, income-generating property, this is a smart, proven performer in one of Melbourne's top educational corridors.

📈 Rental Appraisal: $395 – $415 per week

Inspections by appointment only.

Click here for the Consumer Affairs Victoria Due Diligence Checklist for Home Buyers

Related Information
Agent Information
Ahmad Klank