54/8 Varsityview Ct, Sippy Downs is a 4 bedroom, 4 bathroom Unit with 1 parking spaces. While the property is not currently for sale or for rent, it was last sold in October 2023. There are other 4 bedroom Unit sold in Sippy Downs in the last 12 months.
Calling all savvy investors, if you are looking for a centrally located unit in a secure complex, with 100% occupancy, unparalleled resort style facilities, great on-site management, body corporate levies covering fixed rate water charges and electricity usage and want to sit back, relax and watch the money roll in ....... now that's music to any investors ears!
Located in the acclaimed 'Varsity Apartments', this consistent high yielding investment forms part of a purpose built, gated complex of 128 units for students attending the University of the Sunshine Coast. With on-site management and security, this ground floor unit is fully furnished and features 4 bedrooms with ensuite bathrooms and fitted wardrobes, full size modern kitchen, living and dining area with outdoor courtyard overlooking the lap pool, with a fully equipped gym, bathrooms, laundry and vending machines beyond. There is also a tennis and basketball court, beach volleyball, resort style pool with sun lounges, games room, BBQ facilities, bicycle storage and single car space in the secure car park.
Within walking distance of everything that Sippy Downs has to offer including the Coles shopping precinct with all its cafes and eateries, the newly opened Bower Tree community club, Chancellor Village Shopping Centre and much loved Tavern or just a 10km bus ride to any of the stunning patrolled beaches and vibrant nightlife in Mooloolaba, Alexandra Headland or Maroochydore.
But don't delay and call today to take over the reins of this fully furnished investment.
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Fully furnished ground floor student unit
100% occupancy with waiting list
Current leases returning $812 per week
Body Corporate Fees $8,918.91 per annum
On-site management and overnight security
Lap pool, gym, resort pool and games room
Tennis and basketball court and beach volleyball
Walk to University, shops and bus stop
10 km bus ride to Mooloolaba Beach
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 4,908 properties. Over the last 5 years, Houses in Sippy Downs have seen a 76.64% increase in median value, while Units have seen a 95.51% increase. As at 31 August 2024:
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