10/8-10 Tonga Place, Parkwood QLD 4214

Looking for a high yielding investment property with returns over 6%....Great for superannuation or retirees or simply a positively geared investment property!

"University Village" is a fantastic student accommodation complex opposite the Gold Coast Hospital and Griffith University which is growing rapidly in size, along with infrastructure in the immediate vicinity of this complex. If you are looking for a great investment property with returns over 7% after expenses then you need to consider this tightly held complex which is popular with local and interstate investors.

* Spacious three bedrooms/three bathrooms - all ensuited bedrooms
• Fully furnished unit on ground floor of two storey walk up
• Open plan living/dining with great size kitchen - all common space!
• Currently returning $635 per week. Lease expires 31.12.21
• Body corp approx $89 per week. Healthy sinking fund balance
• Excellent investment property with high returns....Do NOT miss out!!
• Fantastic location; within walking distance to shops, transport, parks and across the
road from University and Hospital.
• Council rates - $988 per 6 months. Water rates - $435 per 3 months (approx.)
• Investors only - no owner occupiers

For further information or a fact sheet on this property please get in touch with me today or to arrange an inspection, please call Michael Elliss on 0402 858 174