UNDER CONTRACT - High Yield Student Accommodation Investment

Like a rare gemstone, here is a high yield investment opportunity with earnings just like a super fund and better than bank interest.

Located in a convenient, but high demand rental area this property is within easy reach to the City, Fortitude Valley Train station, Buses, local Cafés or Restaurants and an abundance of private colleges which is what makes an attractive housing choice for the international student market.

This dorm style building, a Qld'er by nature has been freshly painted inside, renovated with modern facilities, totally clean throughout with modern furnishings or equipment and fully tenanted with gross earnings of almost $256,000 annually. There are 23 rentable rooms in total, 4 bathrooms, 8 toilets, also with 1 communal sitting/ dining plus kitchen area which makes this property, a low risk, easy to manage investment suitable for an established experience operator looking to add to their portfolio or would also be ideal for a semi-retired husband and wife team, who want to add to their annual income.

The Brief
-Qld'er style Budget building /Currently student accommodation facility
-High yield investment - $255,800 gross per annum
-Fabulous Net operating performance of $150,000+
-Previously with BCC MP5.7 compliance & QFES fire safety compliance
-405m2 lot, Zoned CR1 - Spring Hill/ NPP Mix Use Precinct
-Superb location with and easy walk to CBD, Shops, Colleges & Transport

Rarely do the good ones become available and with rental demand of this type of accommodation at an all time high, what are you waiting for invest now and collect a great return.

For an Information kit or to arrange an inspection Call or email today.



Disclaimer: Whilst every care has been taken, AGENTM property will not be held liable for any errors, discrepancies or incorrect data supplied in this advertisment of information manual. All interested parties should rely on their own inquiries or investigation.