FOR SALE
Sale Price Unavailable

7-11 Brown Street
Labrador QLD 4215

Bedrooms: 3
Bathrooms: 3
Car spaces: -
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Student Accommodation - Excellent ROI!

Student Accommodation delivers a strong ROI with excellent demand and high rental levels achieved.
Each unit includes 3 bedroom each with an en suite and each bedroom/en suite is rented separately so you earn 3x the income.
Gross yield can be 9.5% or even higher depending on the term of the lease for the occupants.
The complex has professional onsite management who handles the day-to-day management of the units and tenants for the owners.
There are opportunities coming up in this complex.
Please register your interest with the on-site sales specialist - Joshua Dean 0447 777 148
STRICTLY STUDENT ACCOMMODATION ONLY - no homeowner occupiers.
Income: Gross income Approximately $250 to $300each room
Occupancy rate: 80 to 90% average.
Outlays:
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Property Details for 7-11 Brown St, Labrador

7-11 Brown St, Labrador is a 3 bedroom, 3 bathroom Unit. The place is currently for sale with RAAS Property Group.

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Unit

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About Labrador 4215

The size of Labrador is approximately 5 square kilometres. It has 19 parks covering nearly 14.6% of total area. The population of Labrador in 2011 was 16,401 people. By 2016 the population was 18,277 showing a population growth of 11.4% in the area during that time. The predominant age group in Labrador is 20-29 years. Households in Labrador are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Labrador work in a professional occupation. In 2011, 46.2% of the homes in Labrador were owner-occupied compared with 45.1% in 2016.

Labrador has 11,904 properties.

    There are currently 127 properties listed for sale, and 40 properties listed for rent in Labrador on OnTheHouse. According to CoreLogic's data, 565 properties were sold in the past 12 months in Labrador.

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    Joshua Dean
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