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Apartment for Sale in Labrador
CASH COW INVESTMENT - High Yield Student Accommodation
- 3 Beds
- 3 Baths
- 1 Car
Additional Information:
More InfoThe Jackson James Team from Ray White Alliance are proud to present 32/7-11 Brown Street, Labrador for sale.
This is your chance to secure a set-and-forget investment in a purpose-built student accommodation complex with exceptional rental returns and strong occupancy rates.
Currently fully tenanted with 3 long-term student leases already locked in, this property is generating a gross rental income of $910 per week - that's circa 11% gross yield!
Located just minutes from Griffith University, Gold Coast University Hospital, public transport, and local shopping, this complex is a preferred accommodation provider for students in the area. Professional onsite management, high demand, and multiple income streams make this a standout opportunity for savvy investors looking for solid returns and low vacancy risk.
PROPERTY FEATURES:
- 3 fully furnished bedrooms - each with its own ensuite bathroom, study desk, and wardrobe
- Shared kitchen, dining, and lounge space
- Air conditioning, ceiling fans, modern furnishings, and student-focused layout
- Located in a secure, gated complex with onsite management
- Complimentary shuttle bus to Griffith University
- Access to complex facilities including large swimming pool, gym, and BBQ area
INVESTMENT HIGHLIGHTS:
- Rental Income: $910 p/w
- Tenancy: 3 separate leases
- Onsite Professional Management handles day-to-day operations
This is an excellent opportunity to secure a high-performing, positively geared investment with low overheads and strong rental demand all year round, thanks to Griffith University's three-trimester calendar.
Opportunities like this don't last. This is a true set-and-forget cash cow - ideal for investors looking to maximise returns without lifting a finger. Just let the numbers do the talking!
Important: Whilst every care is taken in the preparation of the information contained in this marketing, Ray White will not be held liable for the errors in typing or information. All information is considered correct at the time of printing.
1 garage space
3
3
Additional Information:
More InfoThis property is being sold by auction or without a price and therefore a price guide can not be provided. The website may have filtered the property into a price bracket for website functionality purposes.
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