This amazing apartment is well positioned within the very popular 'Varsity' university accommodation complex and 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 opportunity that 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 alfresco area - Fully gated secure access complex, with single dedicated 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 $1856 p/q, Sinking fund $152p/q - Water usage and electricity all included, Council rates Approx $2201 PA - High-demand complex in a high growth location, currently at zero vacancy.