Fantastic Investment Opportunity - 12.7% Gross Rental Yield*
Positioned in the tightly held College Square complex, directly opposite The University of Melbourne, with an attractive investment return profile (* approx. 12.7% gross rental yield at $170,000).
- Smart twin-share design (approx. 32sqm) with clearly defined living and study zones.
- Fully furnished with practical interiors suited to student living.
- Secure environment with 24-hour security and onsite management to support consistent demand.
- Well-appointed kitchen with gas cooking and ample storage.
- Excellent resident amenity: gymnasium, lap pool and communal recreation spaces.
- Unbeatable connectivity with trams at the door and the CBD within minutes; close to Lygon Street and Queen Victoria Market.
- Walking distance to both Melbourne University and RMIT.
Rental Estimate Approx. $1804 per calendar month
Outgoings
Body Corporate - $6,600 approx. per year
Council Rates - $565 approx. per year
Water Rates - $740 approx. per year
Property Size
Total size - approx. 34 m2
Secure an investment in Melbourne’s best-performing education precinct with this fully furnished apartment in College Square at 800 Swanston Street. Purpose-built for student living, the building’s location—directly opposite Melbourne University and close to RMIT University — which supports reliable, ongoing tenant demand year after year.
A major advantage of College Square is the building’s managed environment—ideal for investors seeking convenience. The complex includes a secure 24-hour managed lobby, and residents enjoy access to lifestyle facilities such as a gym and heated outdoor pool, contributing to strong tenant appeal and low vacancy risk.
Step outside to trams along Swanston Street, and enjoy easy access to Carlton’s café culture, the CBD, and key landmarks including Queen Victoria Market. This is an attractive “set-and-forget” style investment in a location where student demand remains deep and consistent.
Outdoor Features
- Courtyard
- Outdoor Entertainment Area
- Swimming Pool - In Ground
Indoor Features
- Broadband Internet Available
- Gym
- Intercom
- Study
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