OFFERS OVER $370,000
37/8 Varsityview Court, Sippy Downs QLD 4556
Apartment
4441
Block size: 1492 m² approx.Apartment size: 92 m² approx.
SET & FORGET INVESTMENT AT SUNSHINE COAST UNIVERSITY
UNDER CONTRACT
Varsity Apartments has consistently led the way for the astute investor in the student accommodation sector.
With a remarkable rent return of $840 per week, this is the perfect "Set & Forget" addition to your portfolio or SMSF.
VIEWINGS BY APPOINTMENT, tenants require 24 hours' notice.
The complex is security gated and only a five minute walk to the university.
This air-conditioned apartment has four ensuited bedrooms, a fully equipped kitchen, shared living/dining area and an outdoor entertaining area. It is conveniently located near the main entrance, overlooking the tennis court and close to the onsite management.
The complex features resort style living including, a fully equipped gymnasium, lap pool and resort pool, beach volley ball court, tennis and basketball court, BBQ areas, functions and games rooms and two launderettes.
There is onsite management with 24-hour security, so your investment is secure.
A perfect proposition for the savvy investor and also parents of students studying at the ever-expanding Sunshine Coast University.
Outgoings for last financial year;
Council Rates - $2,295
Body Corporate - $8,068
Water charges - $829
There is no power bill as the complex is fully solar powered.
Current Leases Now;
Room 1, $210/week to 24/06/24; Room 2, $210/week to 08/01/24; Room 3, $210/week to 24/06/24; Room 4, $210/week to 08/01/24.
A furnishing inventory in included in the purchase.
Note; most lenders will require a 40% contribution for this product.
Call Doug on 0418 761 404 to find out more.
Note; Photos are indicative from a comparable apartment.
Varsity Apartments has consistently led the way for the astute investor in the student accommodation sector.
With a remarkable rent return of $840 per week, this is the perfect "Set & Forget" addition to your portfolio or SMSF.
VIEWINGS BY APPOINTMENT, tenants require 24 hours' notice.
The complex is security gated and only a five minute walk to the university.
This air-conditioned apartment has four ensuited bedrooms, a fully equipped kitchen, shared living/dining area and an outdoor entertaining area. It is conveniently located near the main entrance, overlooking the tennis court and close to the onsite management.
The complex features resort style living including, a fully equipped gymnasium, lap pool and resort pool, beach volley ball court, tennis and basketball court, BBQ areas, functions and games rooms and two launderettes.
There is onsite management with 24-hour security, so your investment is secure.
A perfect proposition for the savvy investor and also parents of students studying at the ever-expanding Sunshine Coast University.
Outgoings for last financial year;
Council Rates - $2,295
Body Corporate - $8,068
Water charges - $829
There is no power bill as the complex is fully solar powered.
Current Leases Now;
Room 1, $210/week to 24/06/24; Room 2, $210/week to 08/01/24; Room 3, $210/week to 24/06/24; Room 4, $210/week to 08/01/24.
A furnishing inventory in included in the purchase.
Note; most lenders will require a 40% contribution for this product.
Call Doug on 0418 761 404 to find out more.
Note; Photos are indicative from a comparable apartment.
Features
- Air Conditioning
- Electric Hot Water
- Gym
- Rumpus Room
- Swimming Pool
- Tennis Court
Inspections
No open inspections scheduled.
Send an enquiry
Contact Doug Ison to learn more about this property, request an inspection or take an online tour.
Key details
Bedrooms:
4
Bathrooms:
4
Ensuite:
4
Carport spaces:
1
Property type:
Apartment
Block Size:
1492 m²*
Other Details
Lot:
37
Plan Type:
SP
Plan:
146377
Apartment Size:
92 m²*
Legal description:
37/SP146377
*These are approximate values based on available information.
Maps and area information
Block information
Block size: 1492m² (approx)
Legal description: 37/SP146377
Measurements are estimates only and based on data provided under licence from
© PSMA Australia 2024.
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Enrolment areas for ACT public schools.
Property history
We couldn't find any history for this property.
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Sippy Downs suburb information
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SummaryMedian sales
Average Age
35 years
Population
11,544
Listing ID: 181170076. This listing has been viewed 324 times. It was first displayed on 22/11/2022 and last updated on 27/04/2024.
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.