Offers Over $285,000
11/13-17 Tonga Place, Parkwood QLD 4214
Apartment
22
Affordable Investment Unit!
***STRICTLY STUDENT ACCOMODATION ONLY, INVESTORS ONLY, NO OWNER OCCUPIERS***
A great little investment property in tightly held student accommodation complex 'University Square'. Located on the top floor of a two storey walk-up this property is currently under lease until January 2025 earning $440 per week.
A great size property and consistently rented to students attending the university. Selling in this complex over the years I have seen great rental returns for owners and it is evident with few sales in this complex that owners are happy with their investments. A total of 24 units and a mix between two and three bedroom units in a collective pool gives protection to an owner if one room is empty it minimises the loss of rent significantly. For further information please ask the agent for financial returns and a fact sheet on this property. This property would make a great investment with strong returns and low outgoings.
• Spacious two bedroom/ two bathroom top floor unit in 'University Square'
• Total of 24 units, 65 rooms. Built circa 2002, two storey walk-up building
• Currently rented at $440 per week until January 2025
• Open plan living/dining, fans in living and bedrooms, built in mirror sliders
• Well appointed kitchen - overhanging breakfast bar, s/steel app, large pantry
• On-site manager, security gated complex, affiliation with Griffith University
• Short walk to Griffith University, Gold Coast Hospital, Tram Station
• A stroll to gym, Southport Sharks club, shops, transport options and much more
• Rates approx. - $1086.64 per 6 months (investor). Water - $475.42 per 3 months
• Low body corporate of approx $60 per week. (statement available to view)
For an information pack or to arrange an inspection, please call Michael Elliss on 0402 858 174
A great little investment property in tightly held student accommodation complex 'University Square'. Located on the top floor of a two storey walk-up this property is currently under lease until January 2025 earning $440 per week.
A great size property and consistently rented to students attending the university. Selling in this complex over the years I have seen great rental returns for owners and it is evident with few sales in this complex that owners are happy with their investments. A total of 24 units and a mix between two and three bedroom units in a collective pool gives protection to an owner if one room is empty it minimises the loss of rent significantly. For further information please ask the agent for financial returns and a fact sheet on this property. This property would make a great investment with strong returns and low outgoings.
• Spacious two bedroom/ two bathroom top floor unit in 'University Square'
• Total of 24 units, 65 rooms. Built circa 2002, two storey walk-up building
• Currently rented at $440 per week until January 2025
• Open plan living/dining, fans in living and bedrooms, built in mirror sliders
• Well appointed kitchen - overhanging breakfast bar, s/steel app, large pantry
• On-site manager, security gated complex, affiliation with Griffith University
• Short walk to Griffith University, Gold Coast Hospital, Tram Station
• A stroll to gym, Southport Sharks club, shops, transport options and much more
• Rates approx. - $1086.64 per 6 months (investor). Water - $475.42 per 3 months
• Low body corporate of approx $60 per week. (statement available to view)
For an information pack or to arrange an inspection, please call Michael Elliss on 0402 858 174
Inspections
No open inspections scheduled.
Send an enquiry
Contact Michael Elliss to learn more about this property, request an inspection or take an online tour.
Key details
Bedrooms:
2
Bathrooms:
2
Property type:
Apartment
Other Details
Maps and area information
Block information
No block information available
Measurements are estimates only and based on data provided under licence from
© PSMA Australia 2024.
Sorry, overlays are not available for this address
Need more info? We've got you covered.
A block's planning zone defines how that land can be used and what can be built on it.
A right to use a part of land owned by another person for a specific purpose. The most common forms of easements are for services, such as water, electricity or sewerage.
The value of a block of land without any buildings, landscaping, paths, or fences. This is different to the block's market value. A block's unimproved value is used to calculate rates and land tax charges.
This represents the shape of the geographical land. Closely spaced contour lines represent a steep slope. Widely spaced lines represent a gentle slope.
Enrolment areas for ACT public schools.
Nearby sales
Looking to compare sales prices?
We found 47 apartments with 2 bedrooms that just sold near 11/13-17 Tonga Place Parkwood
Property history
We couldn't find any history for this property.
See Parkwood's suburb profile
Parkwood suburb information
A little bit about who lives locally, as provided by government census data
SummaryMedian sales
Average Age
39 years
Population
8,837
Listing ID: 182387435. This listing has been viewed 45 times. It was first displayed on 20/03/2024 and last updated on 15/04/2024.
Allhomes acknowledges the Ngunnawal people, traditional custodians of the lands where Allhomes is situated. We wish to acknowledge and respect their continuing culture and the contribution they make to the life of Canberra and the region. We also acknowledge all other First Nations Peoples on whose lands we work.
"With open hearts and minds, together we grow." artwork by David Williams of Gilimbaa.