8 Tonga Place, Parkwood QLD 4214

Another opportunity to secure a high yielding investment property in this tightly held complex of 29 units. A perfect property to put into a SMSF account or add to the property portfolio and reap the be refits of over 7% ROI!

'University Village' is a fantastic student accommodation complex which generates high yielding rental income of $635-$655 per week on the units in this fantastic complex

This property is opposite the Gold Coast Hospital and Griffith University which is expanding at a rapid rate, along with infrastructure in the immediate vicinity of this complex.

A short walk to the light rail station, which takes you on a 13km journey to Pacific Fair in Broadbeach and also to Helensvale which you can easily connect to the heavy rail to Brisbane. My Brisbane seller is selling this prized positively geared investment property due to her son completing his studies this year at Uni after a three year course. Here is your opportunity to scoop this property up and add another one to the portfolio and have this one paying itself off with money left in the kitty.

* Spacious three bedrooms/three bathrooms - all ensuited bedrooms
* Fully furnished ground floor unit of two storey walk up, close to pool & front gate
* Large kitchen - s/steel appliances, plenty of bench space & ample cupboards
* Rental income of $635 per week rental return
* Body Corp approx. $82 per week. Complex approx. 18 yrs old
* Excellent investment property with high returns....Do NOT miss out!!
* Centrally located to largest university on the GC, within walking distance to shops, transport, parks and short drive to M1
* Council rates - $885 per 6 months. Water rates - $355 - per 3 months approx.
* Fact sheet available upon request from agent. Please ask for this for additional information

For further information or to arrange an inspection, please call Michael Elliss on: 0402 858 174