INVESTORS ONLY! Purpose Built Student Accommodation in the heart of Upper Mt Gravatt!!!
Calling astute investors who can recognise a great deal when they see one. With tenants and management in place, all you have to do sit back and watch your investment perform. The time has come for the owners to move on, giving you the chance to get into this amazing opportunity.
Positioned at just a moments walk to Westfield Garden City and a short drive or bus ride to Griffith (Nathan campus) the lifestyle and position is second to none.
Rental return on this investment for financial year 16/17 was a massive $29,604 that year, showing over 9.3% gross returns, after cost you net a 5.9% return on your investment ($18,823). Combined with very low vacancy rates, even the most novice of investors can see that this is a fantastic opportunity. Breakdown of expenses is available on request.
PLEASE NOTE: this is purpose built student accommodation and that some banks require larger deposits to fund these.
A fully managed complex of 59 specialised accommodations; we present you a private and well positioned unit overlooking the scenic views of Mt Gravatt. The spacious unit is complemented with an air-conditioned, open-plan living, sizable 25m2 covered balcony and internal laundry as well. Each of the bedrooms comes complete with bed, study desk, mirrored built-in wardrobes as well as a private ensuite.
Management and facilities are all uniquely designed to accommodate student living. A special note that the management here is run very smoothly, and in keeping with that a very low vacancy rate. With the proximity to Griffith University and easy public transport to all other major universities, this is an attractive hub that students flock to and as such, a very high rental demand location.
Apartment features:
Three self contained bedrooms with private ensuite
High speed internet cable connections in every room
Kitchen with all cooking facilities, fridge and dishwasher
Hideaway laundry in the apartment
Huge entertainment balcony with scenic views
Hi-speed wifi internet access
Apartment located above management
Complex facilities include:
Indoor gym and recreational area, including a pool table
Large outdoor swimming pool
Covered barbecue and communal entertainment area
Gated and secured complex with underground parking
On-site management caring for the site as well as tenants.
Access to universities and amenities including:
Walk to shops and even Garden City Westfield
Close to Griffith University
Public transport to UQ, QUT, Southbank Tafe, Mount Gravatt Tafe, and many more.
Fantastic turnkey investment with great return
Hugh rental demand area
Walk to shops and Westfield Garden City
Quick access to all major universities
Excellent management and vacancy rates
Three bedroom each with ensuite