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Sold by Dallas Foster - Your Sippy Downs Real Estate AgentProperty ID 1546826This cash cow, investment powerhouse awaits your entrepreneurial urge, offering a very attractive rental yield of 11% net cash flow.
This particular unit offers four separately leased rooms, each with its own ensuite, built in robe and desk for students convenience. It is also on the very top, third level in this building and faces north, overlooking the lake and Sunshine Coast University
The Uni Central complex offers affordable accommodation to our local & out of town University students. It also offers loads of extra benefits including a 25 meter lap pool, tennis court, basketball court, large indoor common area and several communal BBQ's.
Important Property Features:
- 11% Net R.O.I
- 24/7 Management Onsite
- Full Time Gardeners & On Site Care Takers
- Quick & Easy Walking Access To The Sunshine Coast University
- Undercover Car Park In Complex + On Street Parking
- Gated Complex
The current lease agreements are as follows:
30a Rented till 11/12/16 $210
30b Rented till 11/12/16 $210
30c Rented till 09/01/17 $196
30d Rented till 11/12/16 $196
= $812.00 Total Weekly income
This is one of the best Unit's you could possibly purchase in Varsityview Court. With the northerly, lakefront aspect and on the third level in it's building, it is attractive to all students who wish to rent a room in the area, having no problems in finding a tenant.
*Please note: Should you require finance from a lender, they do require a 30% cash deposit