115/141 Waverley Road, Malvern East, Vic 3145

$130k - $140K

Unit
Type
1
Bedrooms
1
Bathrooms

Published on Friday, August 21, 2026 ( See property details for 115/141 Waverley Road, Malvern East, Vic 3145)

$130k - $140K

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

A well-presented, low-maintenance student apartment in a prime location with an established rental income and private outdoor space.

🏡 Property Highlights

  • Established rental income of $375 per week with tenancy secured until January 2027
  • Purpose-built student accommodation in a prime location close to Monash University
  • Private outdoor courtyard offering outdoor space for residents
  • Bright, practical layout with dedicated study area and kitchenette
  • Excellent access to public transport, shops, cafes, and amenities
  • Low-maintenance investment with immediate income potential

✨ Key Features

  • Private outdoor courtyard
  • Dedicated study area
  • Well-equipped kitchenette
  • Private bathroom
  • Bright and practical layout
  • Currently leased at $375 per week
  • Lease secured until 15 January 2027
  • Purpose-built student accommodation
  • Convenient access to public transport
  • Close to Monash University

Malvern East offers a vibrant community with excellent access to education, shopping, and transport. Key points include proximity to Monash University, Chadstone Shopping Centre, diverse local amenities, strong rental demand, and a convenient lifestyle for students and residents alike.

What is the current rental income and lease term for this property?
The property is currently leased at $375 per week, with the lease secured until 15 January 2027.
Is the property suitable for investment purposes?
Yes, the property offers a reliable rental income, is purpose-built for students, and is located in a highly sought-after area close to Monash University.
What amenities are available nearby?
The property is conveniently located near public transport, Chadstone Shopping Centre, local shops, cafes, and restaurants.
Does the apartment have outdoor space?
Yes, it features a private outdoor courtyard for residents to enjoy.
Is the property fully furnished or equipped?
The apartment includes a well-equipped kitchenette and dedicated study area, suitable for student living.
Are there any additional costs or strata fees associated with this property? Are there any planning or zoning restrictions affecting the property? Is the property compliant with all building and safety regulations? Are there any upcoming developments or construction projects nearby that could impact the property? What are the terms of the current lease, and are there any conditions I should be aware of?

115/141 Waverley Road, Malvern East, Vic 3145 - More Details

$130k - $140K

Positioned in a convenient location close to Monash University, this well-presented student accommodation apartment offers an excellent opportunity to secure a low-maintenance investment with an established rental return.

Currently leased at $375 per week ($1,629 per month) until 15 January 2027, the property provides immediate rental income and the security of an existing tenancy.

The apartment features a practical and comfortable layout with a dedicated sleeping area, study space and excellent natural light. Large glass doors open onto a private outdoor courtyard, providing a rare and appealing outdoor space for residents to enjoy.

Designed specifically for student living, the apartment provides a functional environment for study and relaxation, with a dedicated desk area and convenient access to the surrounding amenities.

Property Features:

- Currently leased at $375 per week ($1,629 per month)
- Lease secured until 15 January 2027
- Purpose-built student accommodation
- Bright and practical layout
- Dedicated study area
- Private outdoor courtyard
- Well-equipped kitchenette
- Private bathroom
- Convenient access to public transport and local amenities

- Prime Student Location

Located on Waverley Road, the property is ideally positioned for students with easy access to Monash University and surrounding education precincts. Chadstone Shopping Centre, local shops, cafés, restaurants and public transport are also within easy reach.

With strong demand for affordable student accommodation in Melbourne's south-eastern suburbs and an existing tenancy already in place, this is an attractive opportunity for investors seeking a straightforward, income-producing property.

Secure your place in this popular student accommodation precinct with a tenant already in place.
Type
Unit
Bedrooms
1
Bathrooms
1

Price guide

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