$435,000
4 Bed • 4 Bath • 1 Car
New
Sold
Sold
113/8 Varsityview Court, Sippy Downs QLD 4556
$435,000
- 4Bed
- 4Bath
- 1 Car
Unit Sold on Thu 4 Apr, 2024
What's around Varsityview Court
Unit description
“Incredible Investment – Ultra High Yield Rental Property”
Presenting one of the highest cash flow investment units available anywhere in South East QLD.
This stunning apartment positioned perfectly within the 'Varsity' university complex comprises a well-designed 4 bedroom 4 bathroom configuration to maximise rental potential, while this highly desirable and well-appointed complex remains ever popular with renters. Boasting 4 individual student tenants on lease this amazing 'set and forget' high income investment opportunity is a rare offering that you definitely don't want to pass up
- Tenants paying an amazing current gross rent of $896 per week
- Fully leased with 4 individual rent-paying student tenants in residence
- Configured with large bedrooms accommodating desks, ceiling fans and built-ins
- Open plan, tiled and air-conditioned living and dining area opens to covered alfresco
- Sold fully furnished, including beds, chairs, desks, lounges, fridge, TV and Microwave
- Desirable ground floor north side position in excellent complex location
- Gated secure access complex with bicycle parking and individual dedicated car space
- 24 hour onsite tenant management, security and complex management staff
- Excellent facilities in complex including multiple pools, gym, games room and tennis
- Central location, easy walk to the University, transport, shops, and cafes
- Less than 15 minutes drive to pristine beaches and major shopping centres
- Approx. total Strata levies/body corporate outgoings of $2496 Per Quarter
- Building insurance, water usage and electricity usage all included
- High-demand complex, often fully let at zero vacancy with tenant waiting list
- No, it's not too good to be true, but you must act very quickly.