6/7 Varsityview Court

Sippy Downs QLD 4556

THIS INVESTMENT PROPERTY WILL NOT LAST LONG WITH ITS CURRENT RATE OF RETURN AT A WHOPPING ANNUAL NET 11%.THIS PARTICULAR UNIT OFFERS FOUR SEPARATELY LEASED ROOMS, EACH WITH ITS OWN ENSUITE, BUILT IN ROBE AND DESK FOR STUDENTS STUDY PURPOSES. ON THE SECOND FLOOR, WE HAVE VIEWS FACING NORTH TOWARDS THE LAKE AND UNIVERSITY, MAKING THIS UNIT PRIME REAL ESTATE AMONGST OTHERS IN THE AREA.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 25 METER LAP POOL, TENNIS COURT, BASKETBALL COURT, LARGE INDOOR COMMON AREA AND SEVERAL COMMUNAL BBQ'S/PICNIC TABLES.IMPORTANT PROPERTY NOTES:- HUGE 11% NET R.O.I- FULL TIME GARDENERS AND ON SITE CARE TAKER- QUICK AND EASY WALKING ACCESS TO THE SUNSHINE COAST UNIVERSITY- LOCATED NORTH COMPLEX SIDE, VIEWS OF LAKE AND UNIVERSITY- UNDERCOVER CAR PARK IN COMPLEX + ON STREET PARKING- GATED COMPLEXTHE CURRENT LEASE AGREEMENTS ARE AS FOLLOWS:6A LEASE END 11/12/17 $210 PER WEEK6B LEASE END 03/07/17 $210 PER WEEK6C LEASE END 08/01/18 $196 PER WEEK6D LEASE END 03/07/17 $210 PER WEEK= $826.00 TOTAL WEEKLY INCOMETHIS IS ONE OF THE BEST UNITS YOU COULD POSSIBLY PURCHASE IN UNI CENTRAL. WITH THE NORTHERLY, LAKEFRONT ASPECT AND ON THE SECOND LEVEL IN ITS BUILDING, IT IS ATTRACTIVE TO ALL STUDENTS WHO WISH TO RENT A ROOM IN THE AREA, HAVING NO PROBLEMS IN FINDING A TENANT.*PLEASE NOTE: SHOULD YOU REQUIRE FINANCE FROM A LENDER, THEY DO REQUIRE A 30% CASH DEPOSIT