{"Slug":"unit-16-1023-dandenong-road-malvern-east-vic-3145","CanonicalUrl":"https://realsearch.com.au/unit-16-1023-dandenong-road-malvern-east-vic-3145","Address":"16/1023 Dandenong Road, Malvern East, Vic 3145","Suburb":"Malvern East","State":"VIC","Postcode":"3145","PropertyType":"Unit","Status":"Sold","Headline":null,"Description":"Positioned in a well-maintained complex along the highly sought-after Dandenong Road corridor, this furnished student accommodation apartment presents a compelling investment opportunity with secure rental income already in place.Currently leased at $1,543 per calendar month ($355 per week) until 2 July 2026, the property offers immediate cash flow with minimal vacancy risk—ideal for investors seeking stable, hands-off returns in a proven student housing market.The apartment is thoughtfully designed for practical student living, featuring a comfortable bedroom with built-in storage, a functional study area, and a light-filled open-plan kitchen and dining space equipped with modern appliances. The layout maximises efficiency while maintaining a clean, low-maintenance environment suited to high-demand rental use.Residents benefit from proximity to key education institutions, public transport options, and local amenities, enhancing its ongoing appeal to the student demographic.Key Investment Highlights:- Secure lease in place until July 2026- Strong rental return at $355 per week- Purpose-built student accommodation (student-only occupancy)- Low-maintenance, fully furnished setup- Convenient access to transport, shops, and universities- Located within a consistently high-demand rental precinctAn excellent addition to any investment portfolio, this property combines reliable income with a strategic location in one of Melbourne’s established student accommodation hubs.","YearBuilt":null,"LandArea":null,"Price":{"Currency":"AUD","Amount":null,"Display":"$125K"},"Bedrooms":"1","Bathrooms":"1","Parking":null,"Features":[{"Name":"Bedrooms","Value":"1"},{"Name":"Bathrooms","Value":"1"}],"Inspections":[],"Auctions":[],"TimeZone":"AUS Eastern Standard Time","Latitude":-37.88208218,"Longitude":145.05132727,"Agent":null,"Agency":{"Name":"Student Housing Australia - Melbourne","CanonicalUrl":"https://realsearch.com.au/student-housing-australia-melbourne"},"CreatedAt":"2026-04-29T07:11:47.1639305","UpdatedAt":"2026-09-22T09:22:00.9233333"}