$360,000

3 Bed • 3 Bath • 0 Car

Main view of Homely unit listing, 44/7-11 Brown Street, Labrador QLD 4215

Floorplan of Homely unit listing, 44/7-11 Brown Street, Labrador QLD 4215

Second view of Homely unit listing, 44/7-11 Brown Street, Labrador QLD 4215

+12

Sold

Third view of Homely unit listing, 44/7-11 Brown Street, Labrador QLD 4215

Fourth view of Homely unit listing, 44/7-11 Brown Street, Labrador QLD 4215

+10

Sold

44/7-11 Brown Street, Labrador QLD 4215

Copy address

$360,000

3Bed
3Bath
0 Car

Unit Sold on Tue 30 Jan, 2024

What's around Brown Street

Unit description

“Outstanding Investment! - Student Accommodation - Circa 11% Rental Yield”

Strictly STUDENT ACCOMMODATION ONLY - Not available to owner occupiers or first home buyers.

Act fast - this opportunity delivers a strong ROI with excellent demand and high rental levels achieved.

Each unit includes 3 bedroom each with an en suite and each bedroom/en suite is rented separately so you earn 3x the income.

Gross yield is Circa 11% with potential to increase depending on the term of the lease for the occupants.

The complex has professional onsite management who handles the day-to-day management of the units and tenants for the owners.

Register your interest with the exclusive selling agent, Joshua Dean on 0447 777 148

***Inspections by appointment only***

Income: $810 p.w
Occupancy rate: 80 to 90% average.

Outlays:
• City council rates: approx. $42 p.w
• Water rates: approx: $46 p.w
• Body Corporate Fees: $94.63 p.w
• Special levy: $44.33 p.w

Strictly STUDENT ACCOMMODATION ONLY - Not available to owner occupiers or first home buyers.