Set Your Budget
Save your budget
This helps us curate better property matches for youSelect a budget
Set Your Budget
Save your budget
This helps us curate better property matches for youSelect a budget
Sold
Apartment
SOLD on Apr 2024
$390,000
48/7 Brown Street, Labrador, QLD, 4215, Australia
3
3
Property Features
- Gym
- Pay TV
- Study
- Ensuite
- Pool In-Ground
- Remote Garage
- Secure Parking
About this Property
Strictly STUDENT ACCOMMODATION ONLY - Not available to owner occupiers or first home buyers.
Won't last long - this safe investment opportunity is achieving astounding returns and solid demand.
The unit comes with 3 bedrooms, each with an en suite and each bedroom/en suite is rented separately so you earn 3x the income.
This unit has multiple improvements made, including but not limited to: renovated flooring, brand-new air conditioner, new study desks and more.
Gross yield is Circa 11% with the potential to increase depending on the term of the lease for the occupants.
The building has an exclusive agreement in place with the nearby university. This ensures high occupancy, providing owners with security that their investment continues to generate income.
The complex has professional onsite management who handles the day-to-day management of the units and tenants for the owners.
Register your interest with the exclusive selling agent, Joshua Dean on 0447 777 148
***Inspections by appointment only***
Rental income: Currently achieving $800 p.w
Occupancy rate: 80 to 90% average.
Outlays:
• City council rates: approx. $42 p.w
• Water rates: approx: $46 p.w
• Body Corporate Fees: $94.63 p.w
• Special levy: $44.33 p.w
Strictly STUDENT ACCOMMODATION ONLY - Not available to owner occupiers or first home buyers.
Won't last long - this safe investment opportunity is achieving astounding returns and solid demand.
The unit comes with 3 bedrooms, each with an en suite and each bedroom/en suite is rented separately so you earn 3x the income.
This unit has multiple improvements made, including but not limited to: renovated flooring, brand-new air conditioner, new study desks and more.
Gross yield is Circa 11% with the potential to increase depending on the term of the lease for the occupants.
The building has an exclusive agreement in place with the nearby university. This ensures high occupancy, providing owners with security that their investment continues to generate income.
The complex has professional onsite management who handles the day-to-day management of the units and tenants for the owners.
Register your interest with the exclusive selling agent, Joshua Dean on 0447 777 148
***Inspections by appointment only***
Rental income: Currently achieving $800 p.w
Occupancy rate: 80 to 90% average.
Outlays:
• City council rates: approx. $42 p.w
• Water rates: approx: $46 p.w
• Body Corporate Fees: $94.63 p.w
• Special levy: $44.33 p.w
Strictly STUDENT ACCOMMODATION ONLY - Not available to owner occupiers or first home buyers.
Gallery
Book an Inspection Time
Request for Inspection
Message the agent to request for an on-site or a virtual livecast property inspection
Similar Properties
Gold Coast University Hospital
1.8KM
Other
SOLD BY HILLSEA REAL ESTATE ARUNDEL OFFICE
21 Usher Avenue, Labrador QLD 4215
3
1
2
Gold Coast University Hospital
1.8KM
House
$663,000
43/21 Usher Avenue, Labrador QLD 4215
3
1
2
House
$965,000
68 Central Street, Labrador QLD 4215
3
2
4
554 sqmSouthport
2.0KM
Apartment
$2,465,000
2103/230 Marine Parade, Labrador QLD 4215
3
2
2
House
$0
2/14 Jenaya Place, Labrador QLD 4215
3
2
1
130.43 sqmHouse
$882,000
1/57 Whiting Street, Labrador QLD 4215
3
2
3
208 sqmApartment
INVESTOR'S OPPORTUNITY! EXCELLENT RETURNS!!!
63/7-11 Brown Street, Labrador QLD 4215
3
3
House
Large Duplex amp;ndash; Quiet Cul-de-sac amp;ndash; Huge Potential
2/5 Jenaya Place, Labrador QLD 4215
3
2
1
104 sqmGold Coast University Hospital
1.6KM
House
LARGE FAMILY DUPLEX amp;ndash; CENTRALLY LOCATED amp;ndash; CLOSE TO EVERYTHING!
1/225 Government Road, Labrador QLD 4215
3
2
2
House
$985,000
3/58 Broad Street, Labrador QLD 4215
3
2
2
Joshua Dean
Raas Property Group
+ 61 0447777148
Download the mobile app to get instant updates
Calculate your home loan repayments
Download the mobile app to get instant updates
More Details on 48/7 Brown Street, Labrador QLD
How many bedrooms and bathrooms does 48/7 Brown Street, Labrador have?
48/7 Brown Street, Labrador is a 3 bedroom, 3 bathroom apartment.
Who is the agency that listed 48/7 Brown Street, Labrador?
The agency who listed 48/7 Brown Street, Labrador is Raas Property Group - you can contact the agents here.
How many car spots does 48/7 Brown Street, Labrador have?
48/7 Brown Street, Labrador is a 0 car spot home.
How much is 48/7 Brown Street, Labrador?
The price of 48/7 Brown Street, Labrador is $390,000 - contact the agents to find out more.