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Amber Werchon Property is proud to introduce one of the most lucrative investment opportunities in South East Queensland, offering exceptional cash flow potential. This remarkable 4-bedroom, 4-bathroom apartment is strategically located within the renowned 'Varsity' university complex, offering a well-designed layout optimised for maximum rental income. Currently leased to four individual student tenants, this turnkey investment is currently generating an impressive gross rent of $910 per week.
Each bedroom is generously sized and includes a desk, ceiling fan, and built-in storage. The open-plan living and dining area is tiled and air-conditioned, opening onto a covered alfresco area. The property is sold fully furnished, including beds, chairs, desks, lounges, fridge, TV, and microwave. Situated on the ground floor, this north-facing unit enjoys a prime location within the complex.
Residents have access to excellent amenities, including multiple pools, a gym, games room, and tennis courts. The complex also offers secure gated access, bicycle parking, and an allocated car space for each unit. Additionally, there is 24-hour onsite tenant management, security, and complex management staff for a hassle-free investment experience. This high-demand complex is often fully let with zero vacancy and a tenant waiting list.
Conveniently located within the 'Varsity' university accommodation complex, this apartment offers an unparalleled high-yield opportunity for maximizing rental return. The central location allows for easy access to the university, public transport, shops, and cafes, with pristine beaches and major shopping centers less than a 15-minute drive away.
This apartment can be rented to university students for an effortless investment opportunity or owner-occupied for a convenient, low-maintenance home. Get in quick to secure this true 'set and forget' income opportunity."
Quay Ring Realty Pty Ltd working in conjunction with Amber Werchon