Student accommodation close to Deakin. This is an excellent opportunity to purchase a fully registered and certified student residence only 400m walk to Deakin University and close to Epworth, Waurn Ponds shopping and Ring Road. Situated at the end of a quiet court and comprising 5 bedrooms (all with BIR), central bathroom, powder room, open plan kitchen/meals/living with French doors opening to the north facing outdoor area and plenty of outdoor space for car parking. With all rooms currently tenanted and the property returning $42,380 per annum (approx.), with plans for a 2 bedroom/2 bathroom extension allowing future scope for an increased return, this low maintenance residence would make a profitable addition to any investors portfolio.