Little Real Estate


3/20 Tourangeau Crescent, varsity lakes QLD

11 Jul 2019

Address3/20 Tourangeau Crescent, varsity lakes QLD

  • Bedrooms3
  • Bathrooms3
  • Carports2

INVESTOR’S DREAM – 8.5% ROI - Cash Positive Investment - Fabulous Superannuation Purchase!

On one title, this 3 level, trendy & always well maintained townhouse, is an innovative design perfectly set up as rooming accommodation to maximise returns.

This property won’t last long as such a great real estate investment and returns like this is rarely available:
3 level property
Configured as 3 x 1 self-contained apartments, but on one title
3 separate rooming accommodation leases with a current gross return of $835/week

The current owners have enjoyed great returns but now its time to sell. Enjoying close to 100% occupancy this investment has the convenience of each lease coming up for renewal or vacancy at different times, making for a stress free investment!

This is a superb Superannuation/Retirement product with great returns and capital growth. Alternatively, you could very easily live on one level and rent out the other two for the best of both worlds.
•Each level has its own tenant and own self-contained living private living space.
•Huge demand for this kind of product- each tenant pays $290, $315 & $230 per week ($835.00 total and long leases are already in place)
•3 Levels, 3 Bedrooms, 3 full Bathrooms.
•Air- Conditioning +Fans
•Auto garage plus undercover carport, in a small block of 4 units.
•Reasonable B/corporate - $69.00 per week inclusive of all insurances
•Gccc rates $868.05 per half year

5 mins walk to Varsity College, Market Square, Bond University and only 5 minutes’ drive to Robina Town Centre.
Bus stop only 20m meters away. This investment is right in the heart of what has always been the highest demand area of Varsity Lakes. The tenants not students - they are all working individuals or couples who can walk to work and enjoy the convenience of this high demand residence-
Varsity Penthouses.

Investors don’t miss out, call agent Tracy D'Anna 0402 997 450 now to inspect and discuss - you won’t find a better investment than this!


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