3 & 5 Moy Street
Kelvin Grove, QLD 4059
173.0 - 289.0m²
Brisbane City Council
16 Nov 2015
***SOLD*** BUY 1 OR BOTH - INVESTMENT OPPORTUNITIES FOR STUDENT ACCOMMODATION
- Invest, Live in or Both
- High Yields with Good Tenants
- Accessible inner city location
Situated on the city border, in an accessible street, are these 2 intriguing properties on individual titles, just 3 km from the city centre generating some healthy yields which pay off the mortgage now and provide a generous income in the future. Waking up here is easy with a quick commute to Brisbane's CBD, Queensland University of Technology, as well as the close proximity to RBWH Hospital. With access to some great cafes, restaurants and a fantastic Saturday market in Kelvin Grove in walking distance, these properties will always be in demand and with solid returns they are sure to give a lift to your portfolio.
The front property is a 12 bedroom, 6 bathroom home. It is split in to 2 separate levels; upstairs has 6 bedrooms and 3 bathrooms, living and kitchen, downstairs also has 6 bedrooms and 3 bathrooms, living and kitchen.
The rear property is a 7 bedroom, 3.5 bathroom freehold townhouse style property with living flowing out to a private courtyard area.
- All properties are fully registered and compliant
- Grossing approximately $95,600 & $64,700 per annum
- Fully compliant fire evacuation regulations in place
- They are being sold fully furnished to continue their present usage
- Reverse cycle air conditioning throughout the living area
- Off street car parking for 2 cars
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.
These are sophisticated well managed properties, ready for you to take over and make your own. It is ideal for those wanting a high yielding property to add to their portfolio or to move yourself, in a much sought after inner city location.
For further information, please contact Laura Langford of Belle Property Paddington 0423 547 947 or Roland Evans of Canford Property Group 0433 335 507.
Property ID: 501655669Last Updated: 5 Oct 2017