Sold

32/7-11 Brown Street,
Labrador 4215, Queensland

3 bedrooms
3 bathrooms
1 car space
Apartment

$565,000


Property details

CASH COW INVESTMENT - High Yield Student Accommodation

The Jackson James Team from Ray White Alliance are proud to present 32/7-11 Brown Street, Labrador for sale.

This is your chance to secure a set-and-forget investment in a purpose-built student accommodation complex with exceptional rental returns and strong occupancy rates.

Currently fully tenanted with 3 long-term student leases already locked in, this property is generating a gross rental income of $910 per week - that's circa 11% gross yield!

Located just minutes from Griffith University, Gold Coast University Hospital, public transport, and local shopping, this complex is a preferred accommodation provider for students in the area. Professional onsite management, high demand, and multiple income streams make this a standout opportunity for savvy investors looking for solid returns and low vacancy risk.


PROPERTY FEATURES:

• 3 fully furnished bedrooms - each with its own ensuite bathroom, study desk, and wardrobe
• Shared kitchen, dining, and lounge space
• Air conditioning, ceiling fans, modern furnishings, and student-focused layout
• Located in a secure, gated complex with onsite management
• Complimentary shuttle bus to Griffith University
• Access to complex facilities including large swimming pool, gym, and BBQ area


INVESTMENT HIGHLIGHTS:

• Rental Income: $910 p/w
• Tenancy: 3 separate leases
• Onsite Professional Management handles day-to-day operations



This is an excellent opportunity to secure a high-performing, positively geared investment with low overheads and strong rental demand all year round, thanks to Griffith University's three-trimester calendar.

Opportunities like this don't last. This is a true set-and-forget cash cow - ideal for investors looking to maximise returns without lifting a finger. Just let the numbers do the talking!


Important: Whilst every care is taken in the preparation of the information contained in this marketing, Ray White will not be held liable for the errors in typing or information. All information is considered correct at the time of printing.

Explore the area


School catchments

  • Labrador State School Primary Prep-6 Government 0.79km
  • Musgrave Hill State School Primary Prep-6 Government 1.4km
  • Biggera Waters State School Primary Prep-6 Government 2.1km
  • Southport State School Primary Prep-6 Government 2.7km
  • Mastery Schools Australia - Southport Campus Combined Independent 2.8km

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.


Find out how much home loan repayments will be

It’s important to understand repayment amounts before you apply for a home loan. A Loan Market broker can compare over 100 lenders to find the right loan for you. Use the Loan Market calculator to get a better indication of repayments.

Loan Market Pty Ltd | Australian Credit Licence 390222. All interest rates stated must include "p.a." and the relevant Comparison Rate in full.


Back to top