LIFESTYLE INVESTMENT – MASSIVE INCOME POTENTIAL AUCTION (IF NOT SOLD PRIOR)

highlights

Get in quick on this unique 7 bedroom, 4 bathroom property which presents a great lifestyle and lucrative investment opportunity.

Cleverly divided into 3 separate zones there are a number of ways this property can be configured to suit either the extended family - or as a productive home + income opportunity.

Currently organised as private student accommodation there are 6 bedrooms, 2 bathrooms, a kitchen and living area in Zones 2 & 3 in addition to a 1 bedroom plus study Manager’s apartment with studio and in-ground pool. This arrangement has massive income potential with each room available to be individually leased for $150 per week.

The property can also be utilized as a 5 bedroom, 3 bathroom + study home - complimented by a 2 bedroom 1 bathroom unit at the front – perfect for the extended family – or for generating supplementary income as short or long term rental accommodation.

Only 3 kilometres from Griffith University and the Gold Coast University Hospital this property is ideally located to achieve abundant investment returns whilst being in a high capital growth area, close to major infrastructure, roads, schools and only a short drive to the Broadwater and Beaches.

As well as the potential for superb cash-flow this residence embraces the Gold Coast lifestyle with a stunning in-ground pool, poolside studio for entertaining or guest accommodation, and a large undercover alfresco area with Balinese pavilion.

Inspection a must to truly appreciate what this property has to offer.

Potential rental returns:
(Please refer to the floor plan to note the property layout options when referring to this guide.)

As a whole house: 7 bedroom + study, 2 kitchens, pool, 3 car, studio $770pw*
Zone 1: 1 bedroom + Study, 2 bathrooms, 2 car, studio, pool $450pw*
Zone 1 & 2: 5 bedrooms + study, 3 bathrooms, 2 car, studio, pool $650pw*
Zone 2 & 3: 6 bedrooms, 2 bathrooms, 1 car:
Rented whole: $570pw*
Rented room by room: $150* per room = $900pw* full occupancy
Zone 3: 2 bedroom, 1 bathroom, 1 car $400*

Rates: $933* per 6 months

*approximately

Disclaimer: Every effort has been made to ensure the accuracy of the above particulars, however Interested parties should not rely on these descriptions as representations of fact but must satisfy themselves by inspection or due diligence.

Features

Built-ins • Courtyard • Dishwasher • Entertainment Area • Fully Fenced • Polished Timber Floors • Remote Garage • Secure Parking • SplitSystemAirconditioning • Study • Swimming/Lap Pool • 

  • 7 BED
  • 4 BATH
  • 2 CAR

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auction

Saturday 2 December at 10:30 am

inspection times

  • Saturday, 18 November 10:00 am - 10:30 am
  • Sunday, 19 November 10:00 am - 10:30 am

Property Details

Price AUCTION (IF NOT SOLD PRIOR)

contact agent

Scott Euler & Nicola Buchanan Real Estate Agent

Scott Euler & Nicola Buchanan

0407 750 620 | 0431 174 010

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