Sold
Last Asking Price - $336,000-$364,000
48/7 Brown Street, Labrador QLD 4215
Apartment
33
Block size: 3439 m² approx.
Enjoy 10%+ Yields - Smart Investment, High Returns - Student Accommodation
Strictly STUDENT ACCOMMODATION ONLY - Not available to owner occupiers or first home buyers.
Won't last long - this safe investment opportunity is achieving astounding returns and solid demand.
The unit comes with 3 bedrooms, each with an en suite and each bedroom/en suite is rented separately so you earn 3x the income.
This unit has multiple improvements made, including but not limited to: renovated flooring, brand-new air conditioner, new study desks and more.
Gross yield is Circa 11% with the potential to increase depending on the term of the lease for the occupants.
The building has an exclusive agreement in place with the nearby university. This ensures high occupancy, providing owners with security that their investment continues to generate income.
The complex has professional onsite management who handles the day-to-day management of the units and tenants for the owners.
Register your interest with the exclusive selling agent, Joshua Dean on 0447 777 148
***Inspections by appointment only***
Rental income: Currently achieving $800 p.w
Occupancy rate: 80 to 90% average.
Outlays:
City council rates: approx. $42 p.w
Water rates: approx: $46 p.w
Body Corporate Fees: $94.63 p.w
Special levy: $44.33 p.w
Strictly STUDENT ACCOMMODATION ONLY - Not available to owner occupiers or first home buyers.
Features include: Remote Garage,Secure Parking,Swimming Pool - In Ground,Gym,Pay TV Access,Study,Ensuite
Won't last long - this safe investment opportunity is achieving astounding returns and solid demand.
The unit comes with 3 bedrooms, each with an en suite and each bedroom/en suite is rented separately so you earn 3x the income.
This unit has multiple improvements made, including but not limited to: renovated flooring, brand-new air conditioner, new study desks and more.
Gross yield is Circa 11% with the potential to increase depending on the term of the lease for the occupants.
The building has an exclusive agreement in place with the nearby university. This ensures high occupancy, providing owners with security that their investment continues to generate income.
The complex has professional onsite management who handles the day-to-day management of the units and tenants for the owners.
Register your interest with the exclusive selling agent, Joshua Dean on 0447 777 148
***Inspections by appointment only***
Rental income: Currently achieving $800 p.w
Occupancy rate: 80 to 90% average.
Outlays:
City council rates: approx. $42 p.w
Water rates: approx: $46 p.w
Body Corporate Fees: $94.63 p.w
Special levy: $44.33 p.w
Strictly STUDENT ACCOMMODATION ONLY - Not available to owner occupiers or first home buyers.
Features include: Remote Garage,Secure Parking,Swimming Pool - In Ground,Gym,Pay TV Access,Study,Ensuite
Inspections
No open inspections scheduled.
Send an enquiry
Contact Joshua Dean to learn more about this property, request an inspection or take an online tour.
Key details
Bedrooms:
3
Bathrooms:
3
Property type:
Apartment
Block Size:
3439 m²*
Other Details
Lot:
48
Plan Type:
SP
Plan:
173171
Legal description:
48/SP173171
Maps and area information
Block information
Block size: 3439m² (approx)
Legal description: 48/SP173171
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.
Property history
You don't need a time machine, we've built one for you. Research this property's past sales on the timeline below.
02 Apr 2024
Sold
RAAS Property Group
Listed: 06/11/2023
Transfer type: Full transfer
Labrador suburb information
A little bit about who lives locally, as provided by government census data
SummaryMedian sales
Average Age
46 years
Population
18,643
Listing ID: 182064644. This listing has been viewed 97 times. It was first displayed on 06/11/2023 and last updated on 02/04/2024.
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.