16/4-20 Varsityview CourtSippy Downs QLD 4556
Property Details for 16/4-20 Varsityview Ct, Sippy Downs
16/4-20 Varsityview Ct, Sippy Downs is a 4 bedroom, 4 bathroom Unit with 1 parking spaces.
Last Listing description (April 2018)
Resort lifestyle within walking distance of the Sunshine Coast University. This entry level investment opportunity offers a secure complex ticking all the boxes for the investor and a very sought-after rental return.
The Varsity complex, offers affordable student accommodation to our local and out of town University students. It also offers loads of extra benefits including a 30 meter lap pool, another leisure pool, tennis court, basketball court, large indoor common area, gym and several communal areas.
This fully self-contained and furnished apartment has 4 lockable bedrooms incorporating its own ensuite. Each bedroom rents for $196 p/w to $210 p/w or avg. $3,350 per month depending on the semester.
Property features:
- 4 beds, 4 ensuite's
- Common lounge room/dining
- Air conditioning in living area
- Potential 9% Net R.O.I
- Recently painted throughout
- New carpets in each bedroom
Property leases:
- Room 1: Vacant
- Room 2: 29/01/2018 - 02/07/2018 @ $210 p/week
- Room 3: 29/01/2018 - 02/07/2018 @ $210 p/week
- Room 4: 29/01/2018 - 02/07/2018 @ $210 p/week
Complex features:
- Large leisure pool & additional 30m lap pool
- Large indoor communal/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
Don't delay, enquire today! These properties don't last long on the market so enquire today to collect all the financials plus further important information you will need to know about this fantastic investment property.
NOTE: You will need a 40% deposit in either cash or property equity - financial lenders requirement. Also note, you cannot purchase these properties in your SMSF.
Property History for 16/4-20 Varsityview Ct, Sippy Downs, QLD 4556
- 09 Mar 2018Listed for Sale Reduced to $239,000
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0About Sippy Downs 4556
The size of Sippy Downs is approximately 14.5 square kilometres. It has 20 parks covering nearly 57.6% of total area. The population of Sippy Downs in 2011 was 9,088 people. By 2016 the population was 10,281 showing a population growth of 13.1% in the area during that time. The predominant age group in Sippy Downs is 10-19 years. Households in Sippy Downs are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Sippy Downs work in a professional occupation. In 2011, 54.7% of the homes in Sippy Downs were owner-occupied compared with 52.4% in 2016.
Sippy Downs has 4,865 properties. Over the last 5 years, Houses in Sippy Downs have seen a 69.86% increase in median value, while Units have seen a 76.95% increase. As at 31 October 2024:
- The median value for Houses in Sippy Downs is $898,708 while the median value for Units is $562,553.
- Houses have a median rent of $680 while Units have a median rent of $535.
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