507/6-8 High St, North Melbourne, Vic 3051

$160,000

Apartment
Type
1
Bedrooms
1
Bathrooms

Last updated on Sunday, May 17, 2026 ( See property details for 507/6-8 High St, North Melbourne, Vic 3051)

$160,000

Peter Davies Licensed Estate Agent – Officer in Effective Control
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A fully furnished, student-only studio apartment in North Melbourne offering secure living, excellent investment potential, and prime proximity to Melbourne University and the CBD.

🏡 Property Highlights

  • Student-only occupation ensures a quiet, study-friendly environment
  • Fully furnished studio apartment with modern amenities
  • Secure lease until 10 Feb 2027 with attractive rental income
  • Impressive 8.6% net return, ideal for investors
  • Prime location close to Melbourne University and the CBD
  • Shared communal laundry and large common room with courtyard views

✨ Key Features

  • Built-in Robes
  • Open-Plan Living
  • Outdoor Area
  • Secure Parking
  • Waterfront / Views
  • Home Office / Study
  • Ceiling Fans
  • NBN / High-Speed Ready
  • Internal Laundry
  • Furnished

North Melbourne is a vibrant suburb renowned for its proximity to Melbourne University and the CBD, offering excellent public transport, diverse dining options, and a lively community atmosphere. It is ideal for students and investors seeking a convenient, well-connected location with a strong rental market.

Is this apartment suitable for long-term investment?
Yes, with a secure lease until 2027 and an attractive net return of approximately 8.6%, this apartment is an excellent long-term investment opportunity.
What amenities are available within the building?
The building features a communal laundry and a large common room opening to a central courtyard, providing shared facilities for residents.
Can non-students purchase or occupy this apartment?
No, this apartment is restricted to student-only occupation, ensuring a quiet and study-friendly environment.
Is the apartment furnished and ready to move in?
Yes, the apartment is fully furnished, including a kitchen and separate bathroom, making it move-in ready for students or tenants.
What is the location's proximity to Melbourne University?
The apartment is conveniently located close to Melbourne University and the CBD, ideal for students seeking easy access to campus and city amenities.
Are there any upcoming plans for building renovations or developments in the area that could affect the property? What are the strata or body corporate fees and are there any special levies? Are there any restrictions or conditions related to the student-only occupation? Is the property compliant with all safety and building regulations? Are there any known issues with the communal facilities or courtyard area? What are the potential risks of flooding or bushfire in this area? Are there any nearby construction projects or planned developments that could impact noise levels? Is there any history of pest or maintenance issues within the building? What are the terms of the lease, and are there any conditions that could change before expiry? Are there any easements, zoning restrictions, or planning overlays affecting the property?

507/6-8 High St, North Melbourne, Vic 3051 - More Details

$160,000

Type
Apartment
Bedrooms
1
Bathrooms
1

Price guide

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