206/60 Waverley Road Malvern East, VIC 3145

• 180m or 3-minute walk to Monash Caulfield campus
• Annual gross 13% return of investment
• Three bedroom, two bathroom apartment in student-only complex
• Open plan living/dining area
• Well-equipped kitchen
• Robes and desks in all bedrooms
• With the convenience of two bathrooms
• On-site laundry provisions
• Communal BBQ area and recreation room

A sure winner as a sound investment, this 3-bedroom, 2-bathroom residence is situated within a secure, student-only complex of 60 apartments, just 180m or a three-minute walk to Monash University, Caulfield campus.

Offering one of the building's bigger floorplans, the apartment features a generous open plan living/dining zone, a well-equipped kitchen area, three generous bedrooms with built-in storage and desks plus the convenience of two separate bathrooms.

Once leased, your tenants will also have access to on-site laundry provisions and a communal barbeque area along with a recreation room, giving them the chance to socialise with fellow student residents in a safe and friendly environment.

There are over 14,000 students enrolled at the Caulfield campus of Monash University - including many international students - making this proposition incredibly appealing to a huge range of investors.

In addition to proximity to the university itself, the address is well-serviced by public transport including buses, trams and city-bound trains, while locale and major shopping destinations, cafes and restaurants are all nearby.