Located in the heart of Brisbane, the well sought after and tightly held suburb of Woolloongabba is offering on e of the best investments you could have dreamed. Don’t believe us about the surge in demand? Have a look for yourself…
http://www.news.com.au/finance/real-estate/student-accommodation-still-under-supplied-despite-council-infrastructure-charge-reductions/story-fndbalka-1227439616899
You can’t go wrong with this well run student accommodation. For those cricket fantatics, this is located within walking distance of “The Gabba”, local supermarket, cafe’s, restaurants and most importantly the convenience of the busway for all university students.
The property has been a superior investment for the current owner, although cicumstances have changed and this hot property needs to sell now! An auction will be held to ensure the sale, although time is of the essence, so all offers will be considered prior.
Situated on a 405m2 lot is ideal for those who prefer low maintenance. Currently featuring five bedrooms, two bathrooms and single lock-up garage.
Room 1 : $165
Room 2 : $170
Room 3 : $180
Room 4 : $180
Room 5 : $190
With a potential rental return of $46,000 per annum on the current rates, imagine how much you could increase the return with additional rooms. With such high demand for students who desire inner city living, increase the rent.
The potential is endless for your increasing profit and not to mention the envy of this investment in your portfolio. Rest assured these properties do not last long so make sure you inspect and make your offer.
Without a doubt, this property will sell so be sure to enquire before missing out.
$46,000 plus potential
Walk to “The Gabba”
Close to the train station
Walk to Coles & the PA Hospital
Super convenient location
405m2 land parcel