Help! How come there are still studio apartments near universities in Melbourne? 🆘

Still a high-rise, with a great view 👍 ✅ Fully furnished, with a private bathroom, separate kitchen, 🈶️ induction cooktop, refrigerator, microwave ❗️ Bills included Below the apartment building are WWS Metro and Asia Supermarket, a 5-minute walk to Woolworths and QV 🚶 5-minute walk to RMIT 🚶 15-minute walk to the University of Melbourne