Excellent student accommodation investment opportunity in this boutique complex known as D1 - a high demand - high yielding complex within the Melbourne University and RMIT precinct. Currently leased returning $17,424 per annum approx. Fully furnished studio apartment comprising single bed, study desk, tiled bathroom, kitchenette and split system heating/cooling. The D1 complex has been designed specifically to provide a safe & secure study environment for students and is located only minutes away from Melbourne Universities. Featuring security entry, laundry facilities, communal living areas and bike storage. Also situated only minutes to transport, cafes, restaurants, Lygon Street and Melbourne CBD attractions. Owners Corporation Fees $2,951.00 pa approx. Rates $463.00 pa approx. Water $653.00 pa approx. For further details and inspection please contact Robert Eggers 0412 329 340.