32/129-131 Currumburra Road, Ashmore QLD 4214

* Student rental only - no owner occupiers

Looking for your next investment? This property generates over 5% yield so makes an attractive source of income and is perfect to add to the property portfolio or to the self managed super fund and have better returns then money in super or at the bank!

Motivated seller who resides interstate is keen to move on from this investment after nine years owning this investment. Ready for a new owner! A fact sheet on this property is available through the agent so please ask for further details.

* Three bedroom/three bathroom top floor apartment in two storey walk-up
* 'Nexus Place' - student rental accommodation
* Circa 2003 brick and tile complex consisting of 39 apartments
* Approximate floor size 100sqm
* Well appointed layout with each bedroom ensuited
* Currently returning $430 per week. Lease expiry 28th November 2022
* Management fee 8% plus GST through the on-site managers
* Secure basement car parking available through management
* Laundry facilities, games room, pool, BBQ area, on-site managers
* Body corporate approx. $80 per week including building insurance
* Rates (investor rate $1018.50). Water approx. $468.64
* Fantastic location in Ashmore - walk to shops, transport & short ride to University

** Private Inspections only, please contact Michael Elliss on 0402 858 174 to arrange

Ashmore is located about nine kilometres from Surfers Paradise between Southport and Benowa. Families are prominent in this area and there are plenty of activities to keep the kids happy. Ashmore is a relaxed suburb popular among all age groups looking to escape the hustle and bustle of busier suburbs. Ashmore is a diverse suburb with everything from villas to luxury waterfront homes. It is a well established suburb that is elevated, surrounded by beautiful tall trees with some magnificent views of the Hinterland.