ID:21161923/7 Brown Street, Labrador QLD 4215

Purpose built student zoned accommodation on the Gold Coast. Complex is located near Griffith University and boasts an occupancy rate of 80-90% on average, majority demographic are Griffith University students on exchange from overseas. These properties are sold fully furnished and are strictly for investment as student accommodation they cannot be occupied by the owner.

~ Excellent rental returns of approximately $600-$650 per week, averaging $200-$220 per room after utilities (electricity, gas and internet)
* Council rates: $2985 per year approx.
* Water: Water rates $2500 per year approx.
* Insurance: nil
* All furniture required for students and upkeep required for student accommodation:
Dishwasher, washing machine, dryer, microwave,
fully equipped kitchen with cutlery.
beds and mattresses x 3 rooms,
study desk,
dining table and chairs,
lounge suite, tv, tv stand
*Normal maintenance and repairs

Underground car parking for students are leased to students at a separate price, (unit does not come with a car park on title).

Features include:
~ Three spacious fully furnished bedrooms
~ 3 ensuite bathrooms
~ Fully furnished unit with ceiling fans throughout and air-conditioning in living area
~ TV, dishwasher, oven, washing machine, microwave, fridge and more all included
~ Spacious kitchen fitted with pots, pans, cutlery, plates and cooking utensils

Onsite Facilities include:
- Huge 25 metre lap pool
- Undercover entertainment area
- Fully equipped gymnasium with free weights

Disclaimer: We have in preparing this information used our best endeavors to ensure that the information contained herein is true and accurate, but accept no responsibility and disclaim all liability in respect of any errors, omissions, inaccuracies or misstatements that may occur. Prospective purchasers should make their own enquiries to verify the information contained herein.(Listing ID: 21161923 )