Configured for student living, the ground floor comprises an open-plan kitchen, dining and living area with access to a private courtyard. A heat pump provides heating for the main living space, while a separate laundry is also located on this level. Occupying the second and third floors are six bedrooms arranged across two levels, with each floor offering three bedrooms and a shared bathroom. Built-in wardrobes and study desks are provided in every room, while an off-street car park adds further practicality for tenants.

Currently returning $1,200 per week, the property is leased through until 31st December 2026, providing an existing income stream from settlement.

For parents planning ahead, the current tenancy allows time to secure a property in a sought-after university location before future occupancy requirements arise. Investors will recognise the enduring demand generated by the property's proximity to tertiary education facilities and the city centre.

With an established tenancy in place and a location that continues to attract strong student demand, this property offers purchasers the ability to secure a well-located holding asset with immediate income and future occupancy flexibility.

Web iD: IN12297
Approximate floor area: 150m²
Rateable value: $900,000