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Offers Over $285,000
***STRICTLY STUDENT ACCOMODATION ONLY, INVESTORS ONLY, NO OWNER OCCUPIERS***
A great little investment property in tightly held student accommodation complex 'University Square'. Located on the top floor of a two storey walk-up this property is currently under lease until January 2025 earning $440 per week.
A great size property and consistently rented to students attending the university. Selling in this complex over the years I have seen great rental returns for owners and it is evident with few sales in this complex that owners are happy with their investments. A total of 24 units and a mix between two and three bedroom units in a collective pool gives protection to an owner if one room is empty it minimises the loss of rent significantly. For further information please ask the agent for financial returns and a fact sheet on this property. This property would make a great investment with strong returns and low outgoings.
* images are of the next door unit. Same condition, just reversed floor plan*
• Spacious two bedroom/ two bathroom top floor unit in 'University Square'
• Total of 24 units, 65 rooms. Built circa 2002, two storey walk-up building
• Currently rented at $440 per week until January 2025
• Open plan living/dining, fans in living and bedrooms, built in mirror sliders
• Well appointed kitchen - overhanging breakfast bar, s/steel app, large pantry
• On-site manager, security gated complex, affiliation with Griffith University
• Short walk to Griffith University, Gold Coast Hospital, Tram Station
• A stroll to gym, Southport Sharks club, shops, transport options and much more
• Rates approx. - $1086.64 per 6 months (investor). Water - $345.42 per 3 months
• Low body corporate of approx $60 per week. (statement available to view)
For an information pack or to arrange an inspection, please call Michael Elliss on 0402 858 174
69 Rio Vista Boulevard, Broadbeach Waters QLD 4218
Call Michael Elliss on
0402858174
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