Share this property

realcommercial.com.au
CBRE - Melbourne

386 Burwood Highway Burwood, VIC 3125

Directions

386 Burwood Highway,
Burwood, VIC 3125

Other • Development Sites & Land

Price information

Sold

Contact Agent

Key property information

Floor area

Property extent

Tenure type

Sold on

CBRE - Melbourne
David Minty
Jing Jun Heng
Nathan Mufale

CBRE - Melbourne

Level 34, 8 Exhibition Street
MELBOURNE, VIC 3000
CBRE - Melbourne
386 Burwood Highway
Burwood, VIC 3125

Map of 386 Burwood Highway

Directions

STUDENT ACCOMMODATION INVESTMENT NEXT TO DEAKIN UNIVERSITY

  • $1,033,502* Current Income
  • 81 Apartments Offered In-One-Line
  • Student Housing Australia Managed
386 Burwood Highway, Burwood features a total of 136 apartments, all fully managed by Student Housing Australia (SHA). This sound and high yielding investment offering can be summarised by the following key attributes:

+ Eighty-one (81) student accommodation apartments being offered in-one-line

+ Situated within a modern three (3) storey apartment complex providing 1,753sqm* of NSA

+ Strong current income of $1,033,502*

+ Apartment mix comprises of one bedroom & studio apartments all of which Include a private balcony, furniture, gas cooking and reverse air conditioning

+ The existing building comprises a security entrance, communal on-site laundry, Bike storage, libraries, common rooms & an orchard garden for its residents

+ Burwood is one of Melbourne's largest educational precincts with 26,000 students & 1,500 staff visiting the Deakin Burwood Campus each day supporting the depth of occupier demand within the precinct

+ Located within close proximity to Burwood One Shopping Centre (1.5km*) featuring Coles, K-Mart & 45 speciality retail stores. Burwood Brickworks only a short stroll away (350m*) comprising a large array of retail and dining options such as Woolworths, K Mart, Coles, Reading Cinema, and a variety of cafés & restaurants

+ Surrounded by an abundance of parklands & recreational reserves Including Gardiners Creek Reserve, Bennettswood Reserve & Essex Heights Tennis Club

+ The property Is situated amongst some of Melbourne's finest educational Institutions Including The highly renowned Deakin University (1.5km*), Mount Scopus Memorial College (1km*) & Mount Waverley Secondary College (1.5km*) to name a few

+ The site is strategically positioned, with a multitude of transportation options Including the 75 tram route on the sites doorstep providing a 7 minute tram ride to Deakin University & 40 Minutes to Swinburne University. The site also benefits from Its locality to key road arterials such as Burwood Highway & CityLink Tollway allowing direct access to the CBD

+ The property Is also serviced by an abundance of medical facilities such as GP Plus Healthcare (200m*) & Box Hill Family Centre (1.5km*)

For further information please contact the exclusive sales and marketing agents at CBRE:

David Minty
+61 422 564 1...
david.minty@cbre.com.au

Nathan Mufale
+61 421 224 3...
nathan.mufale@cbre.com.au

CBRE Asian Services Desk:
Jing Jun (JJ) Heng 王敬君 (中文普通话咨询物业详情)
+61 411 059 1... (手机)
jj.heng@cbre.com (电子邮件)
jheng1206 (微信)


*Denotes approx.

Property ID: 504435232Last Updated: 7 Mar 2024

proptrack logo
This information is supplied by realestate.com.au (ABN 21 080 195 535) on behalf of Proptrack Pty Ltd (ABN 43 127 386 298). Copyright and Legal Disclaimers about Property Data.

Make an enquiry

What's your enquiry about?

Enter your details

More properties from CBRE - Melbourne

Other properties you might be interested in based on the location and property type you are looking at.