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*Photos are of a similar unit within the same complex*
Potential 10% + NET ROI and Freehold - We kid you not, these are the numbers.
The motivated vendor needs money elsewhere and this has to go and has been priced accordingly - try and find a higher ROI on a freehold property - we can't, better yet, try and find a freehold property (not remedial) for under $200K!!!
Our property managers are screaming out for this type of stock - they are reporting 50 groups turning up to rental viewings, numbers they haven't seen for nearly a decade - I think it's fair to say demands are back.
So with pricing still wallowing at Covid levels and rental demand and pricing skyrocketing, you can give yourself a pat on the back - you're 100% buying at the right time, but it won't last.
What's up for grabs? A compact two-bedroom with plenty of light and room for a desk - what more could the humble student ask for?
Located smack bang in the middle of the varsity precinct and a major bus route on your doorstep should you need to venture a little further. Only a hop skip and a jump to the center of town or the domain if you need to stretch your legs - it's easy to see why these are super popular, affordable renting options for students.
Safe and secure, this is the perfect option if you're a parent housing your precious whilst they prepare themselves to return the favor - what a graduation gift???
Outgoings:
Council Rates: $916.66 per annum (2022/2023 rates)
Body Corp Levy: $6,929.88 per annum
Rental Appraisal: $500 - $550 per week (furnished)
- Freehold
- Furnished
Contact us today for a full information pack and or to arrange a private viewing.