155000
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43/66 University Drive, Meadowbrook QLD 4131

Apartment44

This 4 bedrooms fully furnished apartment is a great investment property with good capital returns and positive cash flow.

MUST BE SOLD!! It's investment unit.  

Set and Forget – high cash flow investment next to the University, always easy to be rented out, excellent facilities and on-site management. Our owner is retiring and re-arranging affairs.

Location is super good. The complex is only 5 mins walk from the Griffith University Logan Campus. The Logan Southside TAFE is only a short walk away, as is the Logan Hospital, Local Shopping Centre and Loganlea Railway Station. There is also a bus stop right out the front. The complex is ideally situated between Brisbane City and the Gold Coast.

The current owner owned for many years because of consistent high returns. Seller will negotiate ATTRACTIVE price for a quick sale for this unit. Great chance for you, the owner is going to retire, so will consider all serious offer. You are free to book the inspection, submit your offer. This apartment has (4) four fully furnished bedrooms, all with ensuites and built-in wardrobes, and a study area in each room. The unit offers affordable, secure, fully self-contained, resort style accommodation tailored for student and single living.

The common shared area has a furnished lounge/dining room, kitchen, laundry and a private outdoor courtyard. Each apartment is equipped with a washing machine, clothes dryer, fridge, vacuum cleaner and microwave.

The complex has resort style facilities including a 25 meter Swimming Pool, BBQs Sauna, Tennis/Basketball court and a large Pavilion with table tennis, pool table, gym equipment and entertaining areas set up with table and chairs, or lounges and a TV.

Each of these (4) four rooms rents for $190 per week; inclusive of internet, electricity, water, phone line connection and cleaning.

Call today, you won't be disappointed. You can do inspection around 10:00am – 3:00 pm every weekday or book the appointment after working hours.
Features
  • Gym
  • Swimming Pool
  • Tennis Court
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Key details

Property Type:Apartment
Stamp Duty:$3,850*
*These are approximate values based on available information.

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Average Age
37 years
Population
3,113
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Joy Realty

Joy Realty

View agency detailsTina GrisingerJoy Realty
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Listing ID: 176105061. This listing has been viewed 119 times. It was first displayed on 27/11/2018 and last updated on 22/07/2020.