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4/1 Oconnell Street, North Melbourne, Vic 3051 For Sale
4/1 Oconnell Street, North Melbourne, Vic 3051 4/1 Oconnell Street, North Melbourne, Vic 3051-Floorplan

4/1 Oconnell Street, North Melbourne, Vic 3051

$185,000-$195,000

Apartment
Type
1
Bedrooms
1
Bathrooms

Published on Tuesday, June 02, 2026 ( See property details for 4/1 Oconnell Street, North Melbourne, Vic 3051)

$185,000-$195,000

  • AI-generated summary for guidance only. We can’t guarantee accuracy -please verify all details independently before deciding.

A well-located, low-maintenance student apartment in Melbourne's vibrant education precinct offering strong rental returns and long-term investment potential.

🏡 Property Highlights

  • Prime Melbourne city-fringe location with excellent rental demand
  • Leased to 15/01/2027 with a weekly rent of $420
  • Well-appointed, bright, and functional layout designed for student living
  • Walking distance to major universities, Queen Victoria Market, and CBD
  • Low-maintenance apartment ideal for investors seeking set-and-forget income
  • Located in a sought-after education precinct with strong appeal to students

✨ Key Features

  • Built-in Robes
  • Open-Plan Living
  • Ensuite
  • Internal Laundry
  • Security Screens / Gates
  • Fly Screens
  • NBN / High-Speed Ready
  • Pet-Friendly
  • Balcony
  • Waterfront / Views

North Melbourne is a vibrant, highly sought-after suburb renowned for its excellent access to Melbourne's education and entertainment precincts. It offers a lively atmosphere with cafes, parks, and public transport at your doorstep. The area boasts strong rental demand, making it ideal for investors. Its proximity to major universities and the CBD ensures consistent tenant interest. North Melbourne combines urban convenience with a welcoming community vibe, perfect for both students and professionals.

What makes this apartment a good investment for students?
Its prime location near major universities, Queen Victoria Market, and public transport makes it highly attractive to students, ensuring strong rental demand and consistent income.
Is the apartment suitable for long-term rental?
Yes, the apartment is leased until January 2027 at a competitive weekly rent, providing a secure and stable income stream for investors.
What amenities are included in the apartment?
The apartment features built-in robes, an ensuite, internal laundry, security screens, fly screens, and a balcony, making it comfortable and secure for tenants.
How close is the property to public transport and amenities?
The property is within walking distance to major transport links, parks, cafes, and the CBD, offering excellent convenience for tenants.
What is the condition of the apartment?
The apartment is well-appointed with a bright, functional layout designed specifically for student living, requiring minimal maintenance.
Are there any upcoming planned developments or zoning changes in the area that could affect the property's value? What are the strata or body corporate fees and are there any special levies? Are there any restrictions or covenants on the property that could impact future renovations or use? Has the property been inspected for structural issues or pests? Are there any known issues with noise, neighbours, or local infrastructure that could affect living conditions? What are the total ongoing costs, including council rates, strata fees, and maintenance? Is the property compliant with all building and safety regulations? Are there any easements or encumbrances registered on the title? What is the history of the property's rental performance and vacancy rates? Are there any planned infrastructure projects or construction nearby that could impact the property?

4/1 Oconnell Street, North Melbourne, Vic 3051 - More Details

$185,000-$195,000

Type
Apartment
Bedrooms
1
Bathrooms
1

Price guide

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