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1-3, 23A Tait Street Kelvin Grove, QLD 4059

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1-3, 23A Tait Street,
Kelvin Grove, QLD 4059

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BUY 1 or 2 or 3 - INVESTMENT OPPORTUNITIES FOR STUDENT ACCOMMODATION

  • HIGH YIELDS
  • LOW VACANCY
  • IDEAL LOCATION
LIFESTYLE
Situated in the heart of one of Brisbane's best rental yielding suburbs are these 3 large strata townhouses. A location offering a dynamic and highly desirable lifestyle, residents are attracted here by the quiet street, yet only a convenient walking or cycling distance to QUT, the City and more. The Aldi supermarket and nearest bus stop are 2 minutes walk away. Other local attractions at hand are Kelvin Grove Urban Village, Newmarket Swimming pool and the popular lifestyle precincts of Caxton Street and Paddington.

ACCOMMODATION
Built only 5 years ago, each of the 3 townhouses have their merits. They have unusually spacious open plan living, dining and kitchen areas, opening out to a sizable private courtyard garden. Upstairs are 6 bedrooms, 2 of which have en suites and 2 more bathrooms.

FEATURES:
- Gross Returns $60,000 pa, approximately per townhouse
- Net returns $40,000 pa, approximately per townhouse
- Between 90% - 97% occupancy
- High ceilings, durable finishes, solid condition and good presentation.

FULLY FURNISHED
- Downstairs, lounges, tables, chairs, and white goods;
- In each bedroom, a bed, wardrobe, desk, chair and a chest of drawers
- Fully equipped kitchen and laundry
- 1 car space in the lock up garage
- Fully compliant fire safety certificate and checks in place

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.

Please direct any questions regarding the management of these properties to Laura Langford of Belle Property Paddington 0423 547 947 or Roland Evans of Canford Property Group 0433 335 5..., in the early stages of your enquiries.

Much more information is available upon request, we look forward to hearing from you.

Property ID: 501705665Last Updated: 5 Oct 2017

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1-3, 23A Tait Street
Kelvin Grove, QLD 4059
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