This self-contained loft style student accommodation apartment in the Broadway Unilodge Building is a great value investment with potential for exceptional rental income.
The apartment is managed by Unilodge and classified as a Medium Loft’, with the current recommended rent being $425 per week for a 6 month lease, or $415 per week for a 12 month lease. Perfectly located for students close to universities, Broadway Shopping Centre, and within walking distance of Central Station, occupancy rates are high and there is even an optional investment pool scheme’ available to provide consistent income even during potential vacancy periods. With facility fees for electricity, wifi, pool and gym membership deducted, potential gross yield before management fees and utilities are deducted would be approximately $380 per week, equating to an excellent 8.6% return.
This property could also be owner-occupied by a full-time student buyer.
Features:
At approximately 29sqm, the clever loft design, natural light and beautiful atrium views make this a great place to live and study. Complete with own bathroom and kitchenette, and with access to facilities available in the building including a commercial grade kitchen with gas cooking, study area and library, swimming pool and gym, and recreation facilities including games rooms and rooftop bbq. Secure underground parking is also available for lease in the complex.
The Unilodge Building is a beautiful heritage style 500 unit complex designed specifically for full time university students. Set directly opposite Broadway Shopping Center and within close proximity to University Of Sydney, University of Technology, University of Notre Dame and many other Sydney colleges, the location is more convenient than living on campus.
Features include:
- Air Conditioning
- Furnished kitchenette with fridge and microwave
- Live while studying or buy as high return investment with high rental demand and on-site managers.
- 20m indoor heated pool, spa and gym
- Games and billiard room with wet bar
- Fully equipped business centre, TV lounges and laundry facilities
- Rooftop barbeque area with stunning city and district views
- Incorporates 18 retail outlets including cafes, eateries and international food hall

To inspect or request an IM email or call Beau Lyon on 0433870227