Located within walking distance from a range of public transport options, shops and hospital, this ground floor apartment offers an excellent investment opportunity. Better than any bank, with student rent paid regularly each week, the apartment is one of the largest in the block and offers a separate bedroom with split system heating/cooling, a large ground floor courtyard, computer alcove with desk and chair, dishwasher, fridge, microwave and gas cooking. The apartment is fully insulated with double glazing, and is the only one with an extra window allowing light into the study space, making it feel more spacious inside. This building is home to many students that enjoy a quiet study environment, with low cost shopping, tram and train just minutes away. Due to extreme popularity, these apartments are always highly sought after with students. The property is currently advertised for rent at $280 per week. This gives an excellent rental yield of approximately 11.65%. Other features include: security entrance, lift access to individual levels, fantastic common room for all residents to utilise, outdoor BBQ area and communal laundry facilities. An excellent location, positioned just a short walk to Box Hill TAFE Nelson Campus and bus stop taking you to Deakin University, Box Hill train station, Shopping Centre, Box Hill Hospital and the 109 Tram to Box Hill/CBD are all right on your doorstep! This apartment offers an opportunity not to be missed, call today! WALK SCORE = 91, TRANSIT SCORE = 76