Priced at just $230,000 and located in the highly sought-after "Varsity Apartments" complex, it is easy to see why this unit is a money-making machine. Ticking all of the boxes for a motivated investor Offering an unbeatable 10% net return on your investment.
Varsity Apartments offers affordable accommodation to our local & out of town University students. Plus many extra benefits including a lap pool, tennis court, basketball court, large indoor common area and several communal BBQ’s, with views of the University.
This unit offers:
> 4 bedroom, 4 bathroom, 1st level apartment
> Balcony access of living area
> Private furnished lockable bedrooms
> Private ensuite bathroom
> Each room has its own ceiling fan

The current lease agreements are as follows:
- Room A: Lease ends 24th of July 2020 at $189 per week.
- Room B: Lease ends 17th of July 2020 at $260 per week.
- Room C: Lease ends 30th of April 2020 at $199 per week.
- Room D: Property is advertised for lease.

Property features:
- 4 beds, 4 ensuite's
- Common lounge room/dining
- Air conditioning in living area
- Potential 10% Net R.O.I

Complex features:
- Large leisure pool & additional 30m lap pool
- Large indoor commmmunal/games room
- Outdoor beach volleyball court
- Indoor gym
- On-site management
- Full time gardeners & on-site care takers
- Quick & easy walking access to the Sunshine Coast University
- Undercover car park in complex & on-street parking
- Gated & secure complex

NOTE: You will need a 40% deposit in either cash or property equity

4 4
Address 8 Varsityview Ct
Price $230,000
Property Type residential
Property ID 2780
Category Unit

Quick Links

Agent Details

Chris Earngey photo

Chris Earngey

0411 190 366
View Profile