Looking for a solid investment with returns in excess of 6.9% yield after expenses….
University Village’ is a fantastic student accommodation complex and currently returning $578 per week, which is an amazing rental return!
This property is opposite the Gold Coast Hospital and Griffith University which is expanding at a rapid rate, along with infrastructure in the immediate vicinity of this complex. A short walk to the light rail station which takes you on a 13km journey to Pacific Fair in Broadbeach. Great investment for the super fund or just add another one to the portfolio and have this one positively geared!
* Spacious three bedrooms/three bathrooms – all ensuited bedrooms
* Fully furnished ground floor unit of two storey walk up – close to pool & front gate
* Large kitchen – s/steel appliances, plenty of bench space & ample cupboards
* Currently returning $578 per week rental returns. Lease exp 31.12.16
* Body corp approx.. $62 per week. Complex approx. 11-13 yrs old
* Excellent investment property with high returns….Do NOT miss out!!
* Centrally located to largest university on the GC, within walking distance to shops, transport, parks and short drive to M1
* Council rates – $906.25 per 6 months. Water rates – $367.88 per 3 months (approx.)
* 6.9% yield after expenses!!!!
For further information or to arrange an inspection, please call Michael Elliss on: 0402 858 174