Looking for an investment prospect? Look No Further than this Student Accomodation opportunity. This is a unique chance to secure a long term venture with a great return rate, possible 8% + gross yield. Nexus Place is a purpose-built student accommodation complex centrally located in the heart of the beautiful Gold Coast, in the central suburb of Ashmore. This is student accommodation ONLY and not for owner occupier. This unit is newly renovated giving a more modern look, also fully furnished and on the ground floor. Unit 7 - newly renovated with clean fresh white palette and great natural light. 3 bedrooms all with: - built-in wardrobes - large security screen window - new ceiling fan - new roller blinds - new hybrid flooring - single bed frame and headboard with new mattress, desk with drawers, office chair, bedside table with drawer, desk lamp and book shelf - ensuite: - single shower - single basin with vanity - toilet Common Area: Security screened front door. Open plan tiled Lounge, dining and kitchen with great natural light and window with security screens and roller blind. Kitchen: - Brand new electric oven, cooktop, rangehood and dishwasher - Fridge - New stone benchtops - All new crockery, cutlery and cooking utensils - Ample cabinetry storage Lounge: - 2 x 2 seater couch - Coffee table, corner table, tv unit - Roller blinds on large security screened window - Ceiling fan Dining: - Round table with 3 chairs Linen and broom cupboard INCOME: 2 x rooms @$310 + 1 room @$320 per week rent - separately leased EXPENSES: Rates $2601.98 per annum Levy $1430.28 per quarter Water Rates approx. $782 per quarter Electricity approx. $195 per quarter Hot water approx. $353 per quarter Nexus Place - is a student accomodation complex with 37 units over three levels. Underground secure gated parking - carpark not on title (non allocated) Large shaded pool, Recreation room with lounge and pool table and pay as you go laundry facitlities. Free unlimited NBN high-speed Wi-Fi provided. Perfect for interstate and international students studying on the Gold Coast. Bus stop right outside complex for convenient public transport. Under 13,5km from Bond University Under 7km to Nerang Train Station Under 4km from Griffiths University. Under 3km from Ashmore TAFE Under 2km from Ashmore City Shopping Centre - Post Office, Banks and other shops Under 500m from Ashmore Plaza - Woolworths and other shops Great for NYFA and the Southport English language schools as well. Student accommodation is a unique market niche and one that provides a great return on your investment. This is for shrewd investors looking to maximise their investment with little effort. Secure this high-performing, positively geared investment now! Dont miss this opportunity. Call Michele - 0438849376 to arrange an viewing by appointment Disclaimer: All the information provided to you in our marketing material, has been sourced from third parties, and effort has been made to ensure the accuracy and thoroughness, however, Vibe Realty cannot guarantee the accuracy of the information provided by our Vendors, therefore, Vibe Realty makes no statement, representation or warranty, and assumes no legal liability in relation to the accuracy of the information provided. Interested parties should conduct their own due diligence in relation to each property they are considering purchasing. All photographs, maps, and images are representative only, for marketing purposes.
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/100
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RealistIQ estimate range: $412,000 - $704,000Wider ranges mean more uncertainty.
RealistIQ estimate$558,000
$412,000$704,000
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