Main view of Homely house listing, 62/4-20 Varsityview Court, Sippy Downs QLD 4556
Second view of Homely house listing, 62/4-20 Varsityview Court, Sippy Downs QLD 4556
Floorplan of Homely house listing, 62/4-20 Varsityview Court, Sippy Downs QLD 4556
Third view of Homely house listing, 62/4-20 Varsityview Court, Sippy Downs QLD 4556
Fourth view of Homely house listing, 62/4-20 Varsityview Court, Sippy Downs QLD 4556
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62/4-20 Varsityview Court, Sippy Downs QLD 4556

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$379,000

  • 4 Bed
  • 4 Bath
  • 1 Car

House for sale44 days on Homely

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House description

“Student Accomodation - Cash Flow Cow”

For an information memorandum, please email to enquire.

Disclaimer: Photos displayed are from another comparable unit within the same complex.

Resort lifestyle within walking distance of the Sunshine Coast University. This entry level investment opportunity offers a secure complex ticking all the boxes for the investor and a very sought-after rental return.

The Varsity complex offers affordable student accommodation to our local and out of town University students. It also offers loads of extra benefits including a 30 metre lap pool, another leisure pool, tennis court, basketball court, large indoor common area, gym and several communal areas. This fully self-contained and furnished apartment has 4 lockable bedrooms incorporating its own ensuite. Each bedroom rents for either $196 p/w or $210 p/w.

This is a great investment for the family with son or daughter attending the Sunshine Coast University needing accommodation and security. While at the same time giving you, the investor, a handsome return as you rent the other 3 rooms.


Current leases:

Room 1: 14/02/2022 till 04/07/2022 @ $210 per week
Room 2: 31/01/2022 till 16/01/2023 @ $196 per week
Room 3: 31/01/2022 till 16/01/2023 @ $196 per week
Room 4: 31/01/2022 till 16/01/2023 @ $196 per week

Total rental income: $798.00 p/week or $41,496 p/year



Property features:
- 4 beds
- 4 ensuites
- Common lounge room/dining
- A/C in living area
- Potential 7.5% Net R.O.I

Complex features:
- Large leisure pool & additional 30m lap pool
- Large indoor communal/games room
- Outdoor beach volleyball court
- Indoor gym
- On-site management
- Full time gardeners & on-site care takers
- Quick & easy walking access to the Sunshine Coast University
- Undercover car park in complex & on-street parking
- Gated & secure complex

NOTE: You will need a 40% deposit if you require lending.

What’s around Varsityview Court

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Fifth view of Homely house listing, 62/4-20 Varsityview Court, Sippy Downs QLD 4556View more
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Dallas Foster

Ray White - Buderim

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62/4-20 Varsityview Court, Sippy Downs QLD 4556
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$379k
62/4-20 Varsityview Court, Sippy Downs QLD 4556
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Dallas Foster

Ray White - Buderim
Contact the agent
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