626 Great King Street

Exceptional Student Investment

For sale by Online Auction

The Online Auction is under way and digital bidding starts immediately and concludes at the Final Bidding Stage. It is recommended to register a starting bid early to avoid disappointment. Bids conditional on pre-approved finance are permitted subject to seller approval.

This high-performing six-bedroom, two-bathroom property is the quintessential student rental, offering everything an investor needs: guaranteed demand and minimal upkeep. It features a low-maintenance brick exterior and a sought-after traditional period layout, perfectly balancing classic charm with modern functionality. The location is truly A-grade, providing exceptional proximity to the University campus.

Secure your income immediately: The property is already leased for 2026 at a strong rate of $1,290 per week on a fixed tenancy, confirming its enduring popularity and ease of letting. Students consistently favour the location and period features, which have been thoughtfully preserved and improved. Recent capital expenditure includes updated wiring (featuring a new switchboard) and fresh internal painting throughout most areas.

A modern-style kitchen, functional bathrooms, and thick, comfortable carpet enhance tenant appeal. Crucially, all Healthy Homes Standards are met, and a recent, comprehensive maintenance overhaul has been completed. This ensures a truly 'set and forget' purchase for the new owner.

For maximum due diligence, we have prepared a comprehensive documentation package, including the full Building Report, LIM Report, Electrical Report, and Healthy Homes Report.

The property is open for Buyers to register and submit a bid from now until 6:00 pm, Tuesday 16 December 2025 when the Final Bidding Stage will commence (unless brought forward by the Vendor). Contact the sales agent early to become qualified.

Send an online enquiry to receive a full Matt Morton & Co Information Memorandum and additional property documentation.

Please contact me today to discuss this premium asset further and arrange your private viewing appointment once the information has been reviewed.