Apartment for Sale
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Reduced to Sell Now! 2 X 6th Floor Studios with Amazing Views to Surfers ParadiseProperty ID 14674992 Studios - One Title - Two Rents - Only 1 Body Corp Fee. Priced to Sell !
Purpose built student accommodation near Bond University. These studios are situated on the 6th floor on the city side at the northern end and have great views of Lake Wonderland and the Surfers Paradise skyline. This pair of bright and spacious studios come fully furnished and has the upgrade of both studios having double. This adds the potential to increase your rent by up to $10 per studio per week beds if rented to a couple. Your investment is ready to go immediately. 624 currently rents for $235 to a long term tenant - so no vacancy and 622 for $255 per week, that's $490 for the pair.
They are two studios on one title, so only one body corporate levy of approx $86 per week, this includes building insurance, sinking fund and gas hot water. Plus a special levy for 1 year only of $250 per quarter per lot to allow for exterior painting of the complex, replacement of windows and some rectification works this levy should finish in February 2017.
Studio Features Include:
• Surfers Paradise skyline views.
• A complete Furniture Package Included - appliances, crockery and cutlery.
• Air conditioned.
• Full Security - Electric access cards, cameras and onsite security are in place to ensure complete protection.
• Off road parking.
• Access to high speed internet and cable TV.
• Covered lap/training pool.
• Licensed bar and recreation room for exclusive use of tenants.
• On-site laundry.
• Total approx. 66 m2.
• Body corporate approximately $86 per week.
• Council rates and water approx. $2,800 a year
• Great onsite managers.
• Average annual Occupancy rates for Varsity Towers of around 90%.
• Units are in high demand
• Situated along side Bond University.
• Sought after location - Minutes to Burleigh Beach, a short walk or cycle to Bond University, Fitness First Gym and Varsity Tavern across the road.
Solid investment opportunity - won't last for long!
Call now to arrange your inspection!
This property is being sold by auction or without a price and therefore a price guide can not be provided. The website may have filtered the property into a price bracket for website functionality purposes.