Hi KrisM,

I am looking to do the same. I am looking in Frankston on the Mornington Peninsula. I feel, with the proposed infrastructure investment for Frankston, there are some good opportunities there. I am planning to cater to Monash University. The goal is to buy a property with 3-5 beds on a large block (800m+) that can be subdivided and developed later on down the road 10yrsish. The only way to make the investment attractive is to rent out the rooms to students as their combined rent would make the property CF+ or even neutral. Have you or anyone you have spoken to rented to students before? I would love to talk about the procedure.