HIGH YIELDING STUDENT ACCOMMODATION

Details

1 OR 2 HIGH YIELDING PROPERTIES TO LIVEN UP YOUR PORTFOLIO!

LIFESTYLE

This is a fantastic and unique opportunity to purchase 1 or 2 high cash properties, in a prime inner city location. A suburb that has seen enormous change over recent years and now offers some desirable lifestyle options for residents, in this case, students are attracted here due to the quiet surrounds, yet only walking or cycling distance to QUT, the City and shops, cafes and parks and lots more.

ACCOMMODATION

2 traditional, circa 1930 homes that have been modified, upgraded and certified to accommodate multiple tenants on individual leases.

23 Tait Street has 11 bedrooms, 2 bathrooms, 2 living, 2 dining areas, 2 kitchens, and a laundry over 2 levels. Upstairs is unrenovated offering a selection of alternative living or investment options.

25 Tait Street has 12 bedrooms, 2 bathrooms, 2 living, 2 dining areas, 2 kitchens, and a laundry over 2 levels.

FEATURES

• Grossing approximately $90,000 & $95,500 per annum
• Fully furnished downstairs, with lounges, tables, chairs. In each bedroom is a bed, wardrobe, a desk and chest of drawers
• Fully equipped kitchen and laundry
• Air-conditioning in living areas
• Off street car parking
• Fully compliant fire evacuation regulations in place
• Fully Certified and compliant

At QUT in Kelvin Grove alone there are 38,423 students, 7,157 are international, making up about 15% of all students. International student numbers are growing at around 5% per year and education is Australia’s 4th largest export. The rooms in these particular properties are not only rented out to international students, but interstate and country students who, want to live close to the uni, have straight forward and somewhat supervised living arrangements, among like-minded individuals with a focus on study.