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Back 2 College Rd
Off Market

2 College Rd

Southside QLD 4570

1
1
Apartment
Last sold for $97,500
Daniel ScanlanDaniel Scanlan, last sold this property on 16 May 2018 after -527 days on market.

Overview

Bricks and Mortar Investment with Government assisted tenant in place.

Looking for a safe investment? This established Over 50's units make great returns and has many benefits over standard residential property investment. Approx Outgoings: $11700 Rent $4000 Body corp levies $2952 Council rates and water Approx $3578 or 4.5% net Current tenant is on periodic lease and most units are rented for $13000 - $13500 per year. The vast majority of these units are rented to age pensioners meaning the government assists them to pay rent. Tenants often stay 5-10 years so you aren't paying relet fee's to the agent reducing your income. Extremely low vacancy rates. These complexes often have a waiting list and as the population ages they will only become more popular Freehold property - standard strata titled, no entry or exit fees. No refurbishment costs. No lock in contracts. Air conditioned one bedroom unit with private enclosed courtyard. Large bathroom with own laundry area. Great location in the village overlooking a large communal grassed area. The complex has no adjoining neighbors, bus stop at the door and parkland on two sides. 2 minute drive to Woolworths and Ample Parking on site. The residents enjoy a social atmosphere in the village. The clubhouse also hosts special & weekly events for the enjoyment of the residents. Such as morning teas, indoor bowls, library, computer time and movies. Photos are of unit offered.

Features

1 bedroom
1 bathroom
Apartment

Estimated Value

We need at least 3 similar 1 bedroom apartments sold in Southside over the last 12 months.

Property history for 2 College Rd

2020
Rented
Undisclosed
Leased on 30 Jul 2020 by Furtado Property
2018
Sold
$97,500
Private Sale/Treaty on 16 May 2018 by Daniel Scanlan, of Furtado Property
2018
Sold
$98,000
Private Sale/Treaty on 05 Feb 2018 by Debra Mason, of Cooloola Coast Realty - Rainbow Beach

Happy sellers in Southside

92%
92% of sellers in Southside reported that their sale price either exceeded or met their price expectations.

Southside stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 16 reviews in Southside over the last 12 months.

Local market activity for 1 bedroom apartments in Southside

In the last 12 months, 1 one-bedroom apartment similar to 2 College Rd, have been sold.

This represents a 67% increase in one-bedroom apartments sales when compared to the previous 12 months.

Nearby agents

Compare and contact these top performing agents who’ve delivered exception customer service for their clients in Southside

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Tina Tillinger

Sellers who recommend Tina Tillinger have praised them for being clear communication, local expert, responsive, friendly, supportive, reliable and well-prepared

  •   4.9   (742 reviews)
  •  10 Reviews in Southside
  •  23 Sales in Southside
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Rob Nimmo

Sellers who recommend Rob Nimmo have praised them for being clear communication, local expert, friendly, supportive, dedicated, well-prepared and easy to work with

  •   5   (100 reviews)
  •  6 Reviews in Southside
  •  6 Sales in Southside
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Johnathon Merton

Sellers who recommend Johnathon Merton have praised them for being clear communication, local expert, responsive, friendly, honest, supportive and stress-free process

  •   5   (251 reviews)
  •  3 Reviews in Southside
  •  3 Sales in Southside
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Casey Hart

Casey Hart is a recommended agent for Southside.  They have 1 local sale and collected 2 local reviews across the last 12 months.

  •   5   (22 reviews)
  •  2 Reviews in Southside
  •  1 Sale in Southside
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