Sold for $271,000
Sold for $271,00012, 13 Tonga Place, Parkwood QLD 4214
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Property was sold on 26 January 2023.
Sold on 26 January 2023.
2 beds
2 baths
1 car
Apartment / Unit
2
2
1
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Apartment / Unit
This property is nestled close to the sandy shores, offering an idyllic beach lifestyle.
Property Features
***STRICTLY STUDENT ACCOMODATION ONLY*** A great little investment property in tightly held student accommodation complex 'University Square'. Located on the top floor of a two storey walk-up this property is currently under lease until January 2024 earning $400 per week. A great size property and consistently rented to students attending the university. Selling in this complex over the years I have seen great rental returns for owners and it is evident with few sales in this complex that owners are happy with their investments. A total of 24 units and a mix between two and three bedroom units in a collective pool gives protection to an owner if one room is empty it minimises the loss of rent significantly. For further information please ask the agent for financial returns and a fact sheet on this property. This property would make a great investment with strong returns and low outgoings. • Spacious two bedroom/ two bathroom top floor unit in 'University Square' • Total of 24 units, 65 rooms. Built circa 2002, two storey walk-up building • Currently rented at $400 per week until January 2024 • Open plan living/dining, fans in living and bedrooms, built in mirror sliders • Well appointed kitchen - overhanging breakfast bar, s/steel app, large pantry • On-site manager, security gated complex, affiliation with Griffith University • Short walk to Griffith University, Gold Coast Hospital, Tram Station • A stroll to gym, Southport Sharks club, shops, transport options and much more • Rates approx. - $486.64 per 6 months (investor). Water - $429.82 per 3 months • Low body corporate of approx $45 per week. (statement available to view) For further information on this home or to arrange an inspection, please call Michael Elliss on 0402 858 174