16/1023 Dandenong Road, Malvern East, Vic 3145

$125K

Unit
Type
1
Bedrooms
1
Bathrooms

Published on Wednesday, April 29, 2026 ( See property details for 16/1023 Dandenong Road, Malvern East, Vic 3145)

$125K

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A modern, fully furnished student apartment in a high-demand Melbourne location with a secure lease until 2026 and excellent rental returns.

🏡 Property Highlights

  • Secure lease in place until July 2026 ensuring stable income
  • Strong rental return of $355 per week
  • Purpose-built student accommodation with high demand
  • Fully furnished and low-maintenance setup
  • Prime location near key educational institutions and transport
  • Located in a well-maintained complex on Dandenong Road

✨ Key Features

  • Built-in Robes
  • Open-Plan Living
  • Home Office / Study
  • Furnished
  • Security Gates
  • Low-Maintenance Yard
  • Internal Laundry
  • Balcony
  • Ceiling Fans
  • NBN / High-Speed Ready

Malvern East is a highly sought-after suburb renowned for its excellent educational institutions, convenient public transport options, vibrant local amenities, and strong rental demand. Its strategic location offers residents easy access to Melbourne’s key hubs, making it an ideal choice for students and investors alike. The area boasts a well-established community with a mix of modern developments and leafy streets, ensuring a high quality of life and consistent rental income. With proximity to universities and shopping precincts, Malvern East continues to attract a steady influx of tenants seeking convenience and comfort.

What makes this student apartment a good investment?
This apartment offers a secure lease until 2026, high rental returns, and is located in a high-demand area close to universities and amenities, making it a reliable and profitable investment.
Is the property furnished and ready for tenants?
Yes, the apartment is fully furnished, providing a low-maintenance and move-in-ready solution for student tenants.
What are the nearby amenities and transport options?
The property is conveniently located near key educational institutions, public transport options, shops, and local amenities, enhancing its appeal to students.
What is the current rental income and lease term?
The property is leased at $1,543 per calendar month ($355 per week) until 2 July 2026, ensuring immediate cash flow.
Are there any ongoing strata or management fees?
Details regarding strata or management fees are not specified; it is recommended to inquire with the selling agent for this information.
Are there any additional costs such as strata fees, council rates, or management fees? Has the property been recently renovated or does it require any repairs? Are there any restrictions or covenants on the property that could affect future use? Is the property compliant with all local building and safety regulations? Are there any upcoming developments or planning applications in the area that could impact the property? What are the terms of the lease, and are there any conditions that could change before 2026? Is there any history of flooding, bushfire risk, or other environmental hazards in the area? Are there any easements or zoning restrictions that could affect future modifications? What are the details of the body corporate or management arrangements? Are there any planned upgrades or maintenance works scheduled for the complex?

16/1023 Dandenong Road, Malvern East, Vic 3145 - More Details

$125K

Type
Unit
Bedrooms
1
Bathrooms
1

Price guide

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