44/7 Brown StreetLabrador QLD 4215
Property Details for 44/7 Brown St, Labrador
44/7 Brown St, Labrador is a 3 bedroom, 3 bathroom Unit and was built in 2004. The property has a land size of 817m2 and floor size of 83m2. While the property is not currently for sale or for rent, it was last sold in December 2023. There are other 3 bedroom Unit sold in Labrador in the last 12 months.
Last Listing description (October 2024)
Strictly STUDENT ACCOMMODATION ONLY - Not available to owner occupiers or first home buyers.
Act fast - this opportunity 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 is Circa 11% with potential to increase 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.
Register your interest with the exclusive selling agent, Joshua Dean on 0447 777 148
***Inspections by appointment only***
Income: $810 p.w
Occupancy rate: 80 to 90% average.
Outlays:
? City council rates: approx. $42 p.w
? Water rates: approx: $46 p.w
? Body Corporate Fees: $94.63 p.w
? Special levy: $44.33 p.w
Strictly STUDENT ACCOMMODATION ONLY - Not available to owner occupiers or first home buyers.
Property History for 44/7 Brown St, Labrador, QLD 4215
- 01 Dec 2023Sold for $360,000
- 23 Oct 2023Listed for Sale Offers around $370,000
- 07 Nov 2005Sold for $285,000
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