31/8 Varsityview Court, Sippy Downs QLD 4556

This excellent apartment is perfectly positioned within the very popular 'Varsity' university accommodation complex and represents one of the highest cash flow investment properties available anywhere in South East QLD. Boasting a 4 bedroom 4 bathroom layout, each bedroom is leased individually to maximise rental return, this is a true 'set and forget' income opportunity that can't be beaten.

- An astonishing current gross rental return of $826 per week
- Fully leased with 4 rent-paying student tenants in occupation
- Open plan living/dining with air-conditioning plus covered balcony area
- Fully gated secure access complex, with single dedicated car space
- Quiet and private corner complex location with sunny northerly aspect
- Incredible complex facilities including 2 pools, tennis court, gym and more
- Central location, easy walk to the University, transport, shops, and cafes
- Less than 15 minutes drive to pristine beaches and major shopping centres
- Approx. Strata fees; Admin fund $1856 p/q, Sinking fund approx. $152p/q
- Water usage and electricity all included, Council rates approx. $2295 PA
- High-demand complex in a high-growth location, currently at zero vacancy.