This student only accommodation is perfect for anyone who wants to add a gem in their investment portfolios. Even if you take up 100% bank loan, this property would still be positively geared.

Defining features for the property include:

* 3 bedrooms with built-in wardrobes, 3 en-suites and 1 carpark
* Spacious living, dining and kitchen
* Air conditioning
* 2 private courtyards
* Large shared swimming pool and bbq area
* First floor unit
* Fully furnished so the furniture come with the property
* More privacy as property not facing the main road (facing the Mexican Restaurant side)
* $630 per week rental
* 97% occupancy rate over the past 3 years
* At least 6% net profit per annum
* The complex is well looked after by friendly Onsite Managers
* Fully secure with electronic swipe gates and intercom

Expenses for this property includes:

* $4,600 per annum for body corporate fees
* About $300 per quarter for Council rates
* Around $1,000 per annum for water usage
* $22 per week per room for electricity and internet

Location wise, it is minutes from Griffith University and the newly extended Westfield Garden City Shopping Centre. There is a main bus exchange at Westfield Garden City Shopping Centre and the complex is on 3 bus routes, which is very convenient for the students in the complex.

*Viewing the property can only be organised through appointments*