This amazing apartment is well positioned, with a sunny northerly aspect within the very popular 'Varsity' university complex. This unique unit represents one of the highest cash flow investment properties available anywhere in South East QLD. Boasting a 4 bedroom 4 bathroom layout, each bedroom is leased individually to maximise rental return, this is a true 'set and forget' income investment opportunity that just can't be beat. - An astonishing current gross rental return of $784 Per week - Fully leased with 4 rent-paying student tenants in occupation - Open plan living/dining with air-conditioning plus covered balcony - Fully gated secure access complex, with single shaded car space - Full service on-site management team, available 24 hours a day - Incredible complex facilities including 2 pools, tennis court, gym and more - Central location, easy walk to the University, transport, shops, and cafes - Less than 15 minutes drive to pristine beaches and major shopping centres - Approx. Strata fees – Admin fund $1856p/q, Sinking fund $152p/q - Water usage and electricity all included, Council rates approx. $2295 P.A - High demand complex in high growth location, very low vacancy.