27/7-15 Varsityview CourtSippy Downs QLD 4556
Property Details for 27/7-15 Varsityview Ct, Sippy Downs
27/7-15 Varsityview Ct, Sippy Downs is a 1 bedroom, 1 bathroom Unit and was built in 2003. The property has a land size of 103m2. While the property is not currently for sale or for rent, it was last sold in April 2004.
Last Listing description (November 2024)
Discover a remarkable cash flow opportunity. This spacious 4-bedroom, 4-bathroom residential unit is located on the 2nd floor, offering stunning views of the University wetland. With four separately leased rooms, each featuring its own ensuite, built-in robe, and desk, this property is perfect for attracting university students looking for quality accommodation.
The Uni Central complex boasts a wealth of amenities, including a 25-meter lap pool, tennis and basketball courts, beach volley ball court and large indoor common areas. With several communal BBQs, residents can enjoy a vibrant community atmosphere. Onsite management and security ensure a hassle-free living experience, making this property a highly sought-after investment.
Currently generating a total weekly rent of $940, this unit offers approximately a 10% gross yield. With easy access to the Sunshine Coast University via a convenient pathway, and a gated complex with two parking spaces, this investment is truly a standout opportunity. Don?t miss your chance?schedule an inspection today!
Exciting features:
- Powerful R.O.I always in high demand. Approximately 10% Gross yielding
- Body Corporate Fee - $9,700 PA
- Management fees ? 8.7% PW*
- Residential Managers Onsite
- Manned Security
- Landscape/Groundsmen Onsite
- Quick & Easy Walking Access To The Sunshine Coast University via pathway
- Gated Complex
- 2 x Parking spaces in the complex- (1 undercover Car Park In Complex )
The current lease agreements are as follows:
Leases:
Room A $235/week expiring 1/02/2025
Room B $230/week expiring 10/2/2025
Room C $245/week expiring 20/6/2025
Room D $230/week expiring 16/1/2025
Please contact Jack Ryan on 0409 635 621 for more details about this exciting investment opportunity.
Property History for 27/7-15 Varsityview Ct, Sippy Downs, QLD 4556
- 27 Nov 2024Listed for Sale Not Disclosed
- 05 Jul 2021Listed for Rent $196 / week
- 29 May 2018Listed for Rent - Price not available
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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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