Sold
32/7-11 Brown Street,
Labrador 4215, Queensland
$565,000
Property details
-
Agents
Ray White Coomera
Shops 1, 2, 2a 5 & Suite 6W /2 Fortune Street, Coomera Queensland 4209
CASH COW INVESTMENT - High Yield Student Accommodation
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
- Southport State High School Secondary 7-12 Government 1.9km
- Biggera Waters State School Primary Prep-6 Government 2.1km
- Queensland Academy for Health Sciences Secondary 10-12 Government 2.6km
- Southport State School Primary Prep-6 Government 2.7km
- Mastery Schools Australia - Southport Campus Combined Independent 2.8km
- St Hilda's School Combined Prep-12 Independent 2.8km
- Arundel State School Primary Prep-6 Government 2.9km
- The BUSY School - Southport Campus Secondary Independent 3.0km
- Coombabah State High School Secondary 7-12 Government 3.0km
- Guardian Angels' Catholic Primary School Primary Prep-6 Catholic 3.1km
- Aquinas College Secondary 7-12 Catholic 3.4km
- A B Paterson College Combined Prep-12 Independent 4.1km
- St Francis Xavier School Primary Prep-6 Catholic 4.2km
- Keebra Park State High School Secondary 7-12 Government 4.3km
- The Southport School Combined Prep-12 Independent 4.4km
- Trinity Lutheran College (Cotlew Street Campus) Primary Independent 4.8km
- Trinity Lutheran College Combined Prep-12 Independent 4.9km
- Ashmore State School Primary Prep-6 Government 5.0km
- Bellevue Park State School Primary Prep-6 Government 5.4km
- Benowa State High School Secondary 7-12 Government 6.5km
- Mastery Schools Australia Combined Independent 7.1km
- Australian International Islamic College - Carrara Campus Combined Independent 7.3km
- Pacific Pines State High School Secondary 7-12 Government 7.4km
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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