39/7-15 Varsityview Court, Sippy Downs QLD 4556

This fully furnished unit offers four separately leased student accommodation rooms which had a gross return of $33,630 last financial year. The phenomenal returns will earn you 12.5% gross or 6.8% net income with tax deductions. At this rate of return why put your hard earned money in the bank?

This particular unit is freshly painted and offers four spacious separate bedrooms, each with its own ensuite, built in robes and desk for student’s convenience. The unit is on the top level of the building and faces north. The purpose built student accommodation backing onto the University making this a fantastic investment opportunity. The apartment has a communal area consisting of Lounge, Kitchen, Laundry and a balcony.

The UniCentral complex offers
6 lane 25 metre lap pool
Flood lit tennis/basketball court
Recreation pavilion
Games room - Pool Tables, Air Hockey, Table Tennis, Austar 55 H.D T.V with Austar/Cable, DVD, CD and Stereo system.
Vending Machines, for drinks and snack foods.
Central barbeque area.

Important UniCentral Features:
* 12.5% Gross ROI or 6.8% Net ROI
* 24/7 onsite management
* Full-time gardeners and onsite caretakers
* 3 minute walk to the Sunshine Coast University
* Undercover car parking available plus on street parking
* Gated secure complex

The current lease agreements are as follows:
39a – Rented till 1/07/176 $210 per week
39b – Rented till 1/07/17 $210 per week
39c – Rented till 1/07/17 $196 per week
39d – Rented till 3/07/17 $196 per week

$812.00 Total Weekly income

This is one of the best Unit’s you could possibly purchase in Varsityview Court. With the northerly aspect and on the third level in its building, it is attractive to all students who wish to rent a room in the area, having no problems in finding a tenant.

* Please note: Should you require finance from a lender, they do require a 30% to 50% cash deposit