SOLD BY MITCH EDWARDS

HIGH RETURN INVESTMENT

* STUDENT RENTAL ACCOM ONLY - NO OWNER OCC *

If you're looking for a high return investment that you can simply set and forget, then get a load of this unit in the very popular student accommodation campus known as UniLink Village. This property is within walking distance to University of Southern Queensland (UniSQ) and the complex is suitable for all students, including school, TAFE and online studies (must have a student number).

This 5 bedroom option includes one ensuited bedroom, a huge shared bathroom and a decent sized living and dining area that comes off the kitchen. Painting, carpet and appliances have recently been done, so the unit is in excellent condition. Included in the sale is a full furniture fit-out that stays with the property, allowing the tenants to move into a fully furnished room and house.

The current rental return is $775 p/wk, amounting to $40,300 p/a - after expenses, you'd expect an 11.22% return. The current tenants are hoping to stay on long term while studying and thanks to the excellent on-site management, there is an extremely low vacancy rate and in most cases there is a wait list for future tenants.

Property Highlights:

- 5 bedrooms, 2 bathrooms, plenty of on-site parking for cars
- Access to in-ground swimming pool & club house
- On-site office and management
- Walking distance to UniSQ
- Close to Ipswich CBD, schools and shops
- Near-by bus stops for easy transportation
- Near new carpet, paint and appliances
- $775 p/wk / $40,300 p/a
- ICC Rates: $2,476 p/a
- QUU Water: $1,440 p/a
- Body Corporate (incl insurance): $6,700 p/a
- Electricity: $2,000 (capped)
- Approx rental management costs: $3,000 p/a
- Complete furniture package included
- Student accommodation only - no owner occupiers

NOTE: This property does sit in a flood area and was affected in 2011 and 2022. Flood insurance is part of the body corporate fees.

Explore the area

School catchments

Bremer State High School Secondary 7-12 Government 0.37km
Churchill State School Primary Prep-6 Government 0.83km
Immaculate Heart School Primary Prep-6 Catholic 1.4km
Ipswich West State School Primary Prep-6 Government 1.6km
Leichhardt State School Primary Prep-6 Government 1.9km
Ipswich Central State School Primary Prep-6 Government 2.2km
The BUSY School - Ipswich Campus Secondary Independent 2.3km
Bethany Lutheran Primary School Primary Prep-6 Independent 2.5km
Indie School, Logan - Ipswich Central Campus Secondary Independent 2.5km
Ipswich Grammar School Combined Prep-12 Independent 2.5km
Amberley District State School Primary Prep-6 Government 2.5km
Arethusa College - Ipswich Temporary Facility Secondary Independent 2.5km
Blair State School Primary Prep-6 Government 2.6km
St Mary's Primary School Primary Prep-6 Catholic 2.6km
St Edmund's College Combined 5-12 Catholic 2.8km
St Mary's College Secondary 7-12 Catholic 2.9km
Ipswich Girls' Grammar School including Ipswich Junior Grammar School Combined Prep-12 Independent 3.0km
Raceview State School Primary Prep-6 Government 3.1km
The Industry School - Ipswich Secondary 10-12 Independent 3.2km
Silkstone State School Primary Prep-6 Government 3.7km
Ipswich North State School Primary Prep-6 Government 3.9km
Ipswich State High School Secondary 7-12 Government 4.9km
Bundamba State Secondary College Secondary 7-12 Government 6.5km
Queensland Pathways State College - Bundamba Campus Secondary Government 6.7km
West Moreton Anglican College Combined Prep-12 Independent 6.8km
Ripley Valley State Secondary College Secondary 7-12 Government 8.8km
St Peter Claver College Secondary 7-12 Catholic 9.4km

Nearest schools, measured in a straight line from the property. Provided as a guide only; check catchment and enrolment eligibility with the school. School data © ACARA, licensed under CC BY 4.0.

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