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Modern Purpose Built Student Accommodation Investment

5 Dudley Street, CAULFIELD EAST VIC, 3145

Sold

Property Sold in 5 Dudley Street, CAULFIELD EAST VIC, 3145

Listing ID:
11346645
Status:
Sold
Price:
SOLD
Last Updated:
01/10/2019
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Property Type

Hotel/Leisure/Hotel/Leisure/Other
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Land Area

1 SQM
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Floor Area

1 SQM
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Parking

N/A

Modern Purpose Built Student Accommodation Investment

Savills is delighted to offer for sale 42 purpose built apartments and 6 car spaces located within the ‘Jade Apartments’ at 5 Dudley Street, Caulfield East. The property is ideally positioned directly opposite from East Caulfield Reserve and Monash University, Caulfield Campus, with an abundance of lifestyle and convenience retail amenities nearby, this student accommodation investment is perfectly situated to capitalise on a growing student population.

Key attributes of this outstanding investment opportunity include:
- 42 purpose built apartments and 6 car spaces
- All modern apartments with private open space
- Current net income: $528,870pa*
- Currently under management by national operator ‘Student Housing Australia’
- Direct proximity to East Caulfield Reserve and Australia’s largest tertiary institution, Monash University – Caulfield Campus
- Ideal for investors, syndicates or student accommodation providers

SOLD

*Approx. – net of property outgoings

Julian Heatherich - 0412 995 655
Benson Zhou - 0458 488 888
Dorothy He - 0430 183 889

For more details, please email agent

Savills Melbourne

Level 48, 80 Collins Street, Melbourne, VIC 3000


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