Offers Over $285,000
2 Bed • 2 Bath • 0 Car
New
11/13-17 Tonga Place, Parkwood QLD 4214
Offers Over $285,000
- 2Bed
- 2Bath
- 0 Car
Unit for sale38 days on Homely
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What's around Tonga Place
Unit description
“Affordable Investment Unit!”
***STRICTLY STUDENT ACCOMODATION ONLY, INVESTORS ONLY, NO OWNER OCCUPIERS***
A great little investment property in tightly held student accommodation complex 'University Square'. Located on the top floor of a two storey walk-up this property is currently under lease until January 2025 earning $440 per week.
A great size property and consistently rented to students attending the university. Selling in this complex over the years I have seen great rental returns for owners and it is evident with few sales in this complex that owners are happy with their investments. A total of 24 units and a mix between two and three bedroom units in a collective pool gives protection to an owner if one room is empty it minimises the loss of rent significantly. For further information please ask the agent for financial returns and a fact sheet on this property. This property would make a great investment with strong returns and low outgoings.
• Spacious two bedroom/ two bathroom top floor unit in 'University Square'
• Total of 24 units, 65 rooms. Built circa 2002, two storey walk-up building
• Currently rented at $440 per week until January 2025
• Open plan living/dining, fans in living and bedrooms, built in mirror sliders
• Well appointed kitchen - overhanging breakfast bar, s/steel app, large pantry
• On-site manager, security gated complex, affiliation with Griffith University
• Short walk to Griffith University, Gold Coast Hospital, Tram Station
• A stroll to gym, Southport Sharks club, shops, transport options and much more
• Rates approx. - $1086.64 per 6 months (investor). Water - $475.42 per 3 months
• Low body corporate of approx $60 per week. (statement available to view)
For an information pack or to arrange an inspection, please call Michael Elliss on 0402 858 174
Property features
Toilets: 2
What's around Tonga Place
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Contact the real estate agent
Michael Elliss
Harcourts - Broadbeach - Mermaid Waters
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