Presenting one of the highest cash flow investment units available anywhere in South East QLD. This stunning apartment positioned perfectly within the 'Varsity' university complex comprises a well-designed 4 bedroom 4 bathroom configuration to maximise rental potential, while this highly desirable and well-appointed complex remains ever popular with renters. Boasting 4 individual student tenants on lease this amazing 'set and forget' high income investment opportunity is a rare offering that you definitely don't want to pass up - Tenants paying an amazing current gross rent of $896 per week - Fully leased with 4 individual rent-paying student tenants in residence - Configured with large bedrooms accommodating desks, ceiling fans and built-ins - Open plan, tiled and air-conditioned living and dining area opens to covered alfresco - Sold fully furnished, including beds, chairs, desks, lounges, fridge, TV and Microwave - Desirable ground floor north side position in excellent complex location - Gated secure access complex with bicycle parking and individual dedicated car space - 24 hour onsite tenant management, security and complex management staff - Excellent facilities in complex including multiple pools, gym, games room and tennis - Central location, easy walk to the University, transport, shops, and cafes - Less than 15 minutes drive to pristine beaches and major shopping centres - Approx. total Strata levies/body corporate outgoings of $2496 Per Quarter - Building insurance, water usage and electricity usage all included - High-demand complex, often fully let at zero vacancy with tenant waiting list - No, it's not too good to be true, but you must act very quickly.