Yes, you did read that correctly! This cash-cow unit located in Metro On Central yields an approximate 6.3% net return! Metro On Central is one of the most sought-after student accommodations on the Gold Coast. The resort-style complex is conveniently located a short commute away from Griffith University and boasts a sky-high occupancy rate of approximately 98%.

Features include:

~ Three spacious bedrooms
~ 3 en-suite bathrooms
~ Fully furnished unit with ceiling fans throughout
~ TV, dishwasher, oven, washing machine, microwave, fridge,and more all included
~ Spacious kitchen fitted with pots, pans, cutlery, plates and cooking utensils
~ Excellent rental returns of approximately $600-$630 per week
~ Low body corporate of approx. $60 per week
~ Rates $32pw
~ Water $48.30

Facilities include:

~ Huge 25 metre lap pool
~ Undercover BBQ entertainment area
~ Fully equipped gymnasium with free weights
~ Foosball, table tennis and pool tables
~ Recreation room with a TV, stereo system and lounges
~ Private bus commuting directly to and from the university 7 times a day

Behind the complex is a shopping centre, including:

~ Aldi Supermarket
~ Local cafe
~ Liquor store
~ European Deli
~ Chinese restaurant
~ Fish and chip takeaway
~ Hair salon

Metro On Central is located only 2.5km from Griffith University’s Gold Coast campus. Students can walk, ride or catch the bus from the complex. It is Griffith University’s largest campus with over 16,500 students and more than 850 staff. It is also Australia’s fastest growing campus.

If you’re searching for an investment with strong rental returns then look no further. For more information email or call Roger Haddad.

Disclaimer: We have in preparing this information used our best endeavors to ensure that the information contained herein is true and accurate, but accept no responsibility and disclaim all liability in respect of any errors, omissions, inaccuracies or misstatements that may occur. Prospective purchasers should make their own enquiries to verify the information contained herein.