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
+61 422 564 199
david.minty@cbre.com.au
Nathan Mufale
+61 421 224 354
nathan.mufale@cbre.com.au
CBRE Asian Services Desk:
Jing Jun (JJ) Heng ()
+61 411 059 116 ()
jj.heng@cbre.com ()
jheng1206 ()
*Denotes approx.
