Purposely designed Student Only Gold Coast Management Rights enjoys high occupancy with a captive market.
Short walk to Griffith Uni, GC Hospital and GLink. No need to live on site. No resident owners. No set hours. Long Agreements. Minimal gardens and easy care pool.
The spacious and comfortable freestanding home has 3 bedrooms, 2.5 bathrooms plus office, large courtyard, 3 car space.
For the savvy purchaser this secure and smart investment ticks many boxes.
Price: Student Accom $1,422,500
Net Profit: $191,000 Remuneration / Body Corp Salary: $46,000Body corp salary review: CPI Annually
Managers UnitValue of Managers Apartment: $425,000Bedrooms: 3Bathrooms: 3Office: On TitlePets OK: No
3 Bedroom, 2.5 Bathrooms, aircon, 136 sqm
Complex InformationComplex Type: PermanentTotal Units in Complex: 30Total Units in Letting Pool: 29Permanent Units: 29Manager Units: 1Agreement Module: AccommodationAgreement Term: 25 yearsAgreement Term Remaining: 21 yearsPool: YesPay TV: Yes