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Student accommodation complex
Designed to provide share accommodation for students, the well-appointed property represents a high performing investment prospect with excellent growth potential and a solid rental return.
The apartment features bright interiors, smart modern finishes throughout. There are three oversized bedrooms plus an open living and dining space with a well-equipped kitchen and dishwasher. There is also separate access to the balconies in each bedroom which is a rare configuration for this complex.
The fully managed complex offers sophisticated accommodation with first rate facilities including a swimming pool, gym and recreation breakout space. There is also excellent security with on-site management and intercom access, fast WiFi throughout and a great sense of community within the building.
Achieving high performance returns, this quality property presents a great buying opportunity in a premium.
Highlights include:
– City express bus stops on Logan Road
– Minutes’ walk to Westfield Garden City or Coles Village
– Gymnasiums, library, retail, cinema and cafes nearby
– Local parks for recreation
– 13km to Brisbane CBD or 20 minutes by car
– 2km to Pacific Motorway and close to the Gateway
Features include:
– 3 separate student tenancies
– Pool onsite and games room
– 2.1km to Griffith Uni Nathan Campus
– Gross rental income Approx: $39,520 per annum
– 3 beds, each with ensuite
Income combined is $760 p/week:
• 14A – $250pw
• 14B – $260pw
• 14C – $250pw
Outgoings:
• Body Corp – $5,650pa
• Council Rates – $1,800pa
• Urban Utilities (Water) – $1,400pa
• Services (Internet & Electricity) – $3,795pa ( based on 50 weeks occupied)
All information contained herein is gathered from sources we consider to be reliable. However, we cannot guarantee or give any warranty about the information provided and interested parties must solely rely on their own enquiries.
