OFF MARKET

28/7-15 Varsityview Court
Sippy Downs QLD 4556

Bedrooms: 4
Bathrooms: 4
Car spaces: 1
Land area: 103m2
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Property Details for 28/7-15 Varsityview Ct, Sippy Downs

28/7-15 Varsityview Ct, Sippy Downs is a 4 bedroom, 4 bathroom Unit with 1 parking spaces 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 August 2018.

Building Type
Unit
Year Built
2003
Land Size
103m2
Local Government
Sunshine Coast Regional
Lot/Plan
28/SP114831

Last Listing description (September 2018)

Lakefront Unit in 'Uni Central' - Don't Miss this One!
Located in the highly sought-after 'Uni Central' complex, its easy to see why this unit is a money-making machine offering up to a whopping 9% net return on your investment - it makes dollars and complete sense to add this property to your exclusive investment portfolio.
This particular unit is located on the first floor with stunning views of the lake and Sunshine Coast University. It also offers four separately leased rooms, each with its own ensuite, built-in robe and desk for students convenience.

The 'Uni Central' complex offers affordable accommodation to our local and out of town University students. It also offers loads of extra benefits including a twenty-five meter lap pool, tennis court, basketball court, large indoor common area and several communal BBQ's.
Important property features:
- Potential 9% net R.O.I
- Management on-site
- Full time gardeners & on-site care takers
- Quick & easy walking access to the Sunshine Coast University
- Undercover car park in the complex + on-street parking
- Gated, North facing complex overlooking the lake & University
- Located on the 1st floor with stunning lake & University views
Current leases are as follows:
- Room A: $171.50 p/week until 07/01/2019
- Room B: $185.50 p/week until 10/12/2018
- Room C: $171.50 p/week until 07/01/2019
- Room D: $185.50 p/week until 10/12/2018
Total weekly income currently: $714.00
Uni Central units like this one, sell very quickly! Call today, book your inspection and ask for an information memorandum to further understand why these units are the perfect addition to your portfolio.
***Please note: Should you require finance from a lender, you will need a 40% deposit in either cash or property equity.

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Property History for 28/7-15 Varsityview Ct, Sippy Downs, QLD 4556

A timeline of how this property has performed in the market
Last Sold
$269,000
08 Aug 2018
  • 08 Aug 2018
    Sold for $269,000
  • 02 Aug 2018
    Listed for Sale $273,000
  • 21 Jul 2003
    Sold for $225,000
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About 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.
There are currently 23 properties listed for sale, and 7 properties listed for rent in Sippy downs on OnTheHouse. According to CoreLogic's data, 241 properties were sold in the past 12 months in Sippy downs.

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