This centrally located investment property has always attracted good tenants and provided great cashflow with consistent annual rent increases.
The property is configured with seven spacious bedrooms, two bathrooms and an open-plan kitchen and living area. It also has a rear courtyard and a basement that offers plenty of additional storage.
The rent history is a key feature, demonstrating consistent year-on-year increases:
2024: $1,295 per week
2025: $1,365 per week
2026: $1,435 per week
2027: $1,505 per week
A big reason for that consistent growth is the ongoing popularity of larger, seven-plus-bedroom flats within the student market, where options of this size can be harder to find.
With consecutive years of rental growth, $1,505 per week secured for 2027, and a seven-bedroom configuration that continues to attract strong student demand, this is one investment that should be firmly on your list to inspect.
Link to 3D Tour - https://my.matterport.com/show/?m=HvB9mDrx5V4
