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62/4-20 Varsityview Court, Sippy Downs, Qld 4556 Sold
62/4-20 Varsityview Court, Sippy Downs, Qld 4556 62/4-20 Varsityview Court, Sippy Downs, Qld 4556-Floorplan Latest Aerial map Imagery for project 62/4-20 Varsityview Court, Sippy Downs, Qld 4556

62/4-20 Varsityview Court, Sippy Downs, Qld 4556

Bedrooms
4
Bathrooms
4
Parkings
1
Type
Unit

Last updated on Sunday, August 20, 2023

$362,500

Dallas Foster - Real Estate Agent - Ray White - Buderim
Dallas Foster SALES & MARKETING CONSULTANT
Call Message Chat

62/4-20 Varsityview Court, Sippy Downs, Qld 4556 - More Details

$362,500

For an information memorandum, please email to enquire.

Disclaimer: Photos displayed are from another comparable unit within the same complex.

Resort lifestyle within walking distance of the Sunshine Coast University. This entry level investment opportunity offers a secure complex ticking all the boxes for the investor and a very sought-after rental return.

The Varsity complex offers affordable student accommodation to our local and out of town University students. It also offers loads of extra benefits including a 30 metre lap pool, another leisure pool, tennis court, basketball court, large indoor common area, gym and several communal areas. This fully self-contained and furnished apartment has 4 lockable bedrooms incorporating its own ensuite. Each bedroom rents for either $196 p/w or $210 p/w.

This is a great investment for the family with son or daughter attending the Sunshine Coast University needing accommodation and security. While at the same time giving you, the investor, a handsome return as you rent the other 3 rooms.


Current leases:

Room A: Leased until 08/01/24 at $210 per week
Room B: Leased until 08/01/24 at $210 per week
Room C: Leased until 03/07/23 at $224 per week
Room D: Leased until 08/01/24 at $210 per week


Total rental income: $854 p/week or $44,408 p/year approx



Property features:
- 4 beds
- 4 ensuites
- Common lounge room/dining
- A/C in living area
- Potential ROI* between 7-9%

Complex features:
- Large leisure pool & additional 30m lap pool
- Large indoor communal/games room
- Outdoor beach volleyball court
- Indoor gym
- On-site management
- Full time gardeners & on-site care takers
- Quick & easy walking access to the Sunshine Coast University
- Undercover car park in complex & on-street parking
- Gated & secure complex


NOTE: You will need a 40% deposit if you require lending.
* Return on investment will depend on occupancy & vacancy throughout the year, the return is not guaranteed & is only a current estimation of income & expenses
Type
Unit
Bedrooms
4
Bathrooms
4
Parkings
1

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62/4-20 Varsityview Court Sippy Downs QLD 4556

Property FAQs

How many bedrooms does the property listed 62/4-20 Varsityview Court, Sippy Downs, Qld 4556 feature?

62/4-20 Varsityview Court, Sippy Downs, Qld 4556 is a 4 bedroom Unit.

What are the standout features of the 62/4-20 Varsityview Court, Sippy Downs, Qld 4556?

Explore all key property features for 62/4-20 Varsityview Court, Sippy Downs, Qld 4556. Click here to find out more.

What is the total land area and built-up area of the 62/4-20 Varsityview Court, Sippy Downs, Qld 4556?

The total land area and built-up area of the 62/4-20 Varsityview Court, Sippy Downs, Qld 4556 have not been disclosed. To find detailed information on the total land area and built-up area, contact the agent.

How many vehicles can be accommodated in the parking area of the 62/4-20 Varsityview Court, Sippy Downs, Qld 4556?

62/4-20 Varsityview Court, Sippy Downs, Qld 4556 can accommodated 1 vehicles in the parking area.

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