Commercial space in Musgrave

Exceptional Student Accommodation Investment Opportunity 21 Beds - Near DUT & STADIO

An outstanding investment opportunity awaits with this well-positioned student accommodation property offering rooms for 21 beds and a variety of room configurations to cater to different student needs. Currently operating as a student residence, this property presents excellent income-generating potential with scope to further enhance its value.

Conveniently located within close proximity to DUT and STADIO, the property is ideally situated to attract a consistent demand for student accommodation.

The accommodation comprises:

2 single bedrooms with en-suite bathrooms.

2 double-sharing rooms with en-suite bathrooms.

Several twin-sharing rooms with shared bathroom facilities, including various combinations of showers, toilets and basins.

2 communal kitchens serving the residents.

Multiple bathrooms and toilet facilities throughout the property.

The interiors feature a combination of wooden and tiled flooring, offering durability and character. The property also includes a swimming pool, which is currently empty and requires restoration.

While the property would benefit from some refurbishment and modernisation, it offers tremendous potential for investors looking to expand or establish a student accommodation portfolio. With its sought-after location, generous accommodation capacity and strong rental demand in the area, this is a rare opportunity to secure a high-yield investment.