{"Slug":"unit-706-591-593-elizabeth-street-melbourne-vic-3000","CanonicalUrl":"https://realsearch.com.au/unit-706-591-593-elizabeth-street-melbourne-vic-3000","Address":"706/591-593 Elizabeth Street, Melbourne, Vic 3000","Suburb":"Melbourne","State":"VIC","Postcode":"3000","PropertyType":"Unit","Status":"For Sale","Headline":null,"Description":"Secure an exceptional investment opportunity with this modern, purpose-built student accommodation apartment, ideally positioned in the heart of Melbourne. Currently leased at $385 per week ($1,673 per month), this low-maintenance property delivers immediate rental income in one of the city's most sought-after student locations.Thoughtfully designed to maximise comfort and functionality, the apartment offers a well-planned layout with quality finishes, making it highly attractive to both local and international students.Property Features* Currently leased at $385 per week ($1,673 per month) until 12 Jan 2027* Purpose-built student accommodation* Separate bedroom with built-in robe* Private ensuite bathroom* Modern kitchenette with electric cooktop, bar fridge and ample storage* Dedicated study desk with shelving and storage* Reverse-cycle heating and cooling* Secure building with lift access* Low-maintenance investment with strong rental appealOutstanding CBD Fringe Location. Perfectly positioned within walking distance to:* The University of Melbourne* RMIT University* Queen Victoria Market* Melbourne Central Shopping Centre* Flagstaff Gardens* Carlton's renowned café and dining precinct* Free tram zone and excellent public transport connectionsWith Melbourne continuing to attract thousands of domestic and international students each year, this apartment presents an outstanding opportunity to secure a reliable investment in a consistently high-demand location.Whether you're looking to expand your investment portfolio or secure a hassle-free property with strong rental returns, this is an opportunity not to be missed.*Please note: This apartment is located within a purpose-built student accommodation building. Occupancy is subject to the building's management rules and requirements.*","YearBuilt":null,"LandArea":null,"Price":{"Currency":"AUD","Amount":null,"Display":"$145K - $155K"},"Bedrooms":"1","Bathrooms":"1","Parking":null,"Features":[{"Name":"Bedrooms","Value":"1"},{"Name":"Bathrooms","Value":"1"}],"Inspections":[],"Auctions":[],"TimeZone":"AUS Eastern Standard Time","Latitude":-37.80446111,"Longitude":144.95820865,"Agent":{"Name":"Rosa Chik","CanonicalUrl":"https://realsearch.com.au/agent/rosa-chik"},"Agency":{"Name":"Student Housing Australia - Melbourne","CanonicalUrl":"https://realsearch.com.au/agency/student-housing-australia-melbourne"},"CreatedAt":"2026-08-12T09:02:05.3597949","UpdatedAt":"2026-08-12T09:02:05.3935151"}