Designed specifically for the investor market, this property offers a unique opportunity to secure purpose-built student accommodation where each of the three bedrooms can be rented separately, creating multiple income streams from a single property.
Ideally positioned close to Griffith University and Gold Coast University Hospital, the property is located in one of the Gold Coast's key education and medical precincts. With public transport and the light rail nearby, students have easy access to the university, Southport, shopping, dining and the wider Gold Coast.
Unlike a traditional three-bedroom rental with a single tenancy, the student accommodation model allows each bedroom to generate its own rental income, providing investors with the potential for an attractive combined return while spreading vacancy risk across multiple occupants.
Investment highlights include:
• Purpose-built student-only accommodation
• Three bedrooms, individually rented
• Multiple rental income streams from one property
• Excellent proximity to Griffith University
• Close to Gold Coast University Hospital
• Convenient access to light rail and public transport
• Strong student-focused location
• Low-maintenance investment opportunity
• An affordable entry point into the Gold Coast investment market
For investors focused on cash flow and rental yield rather than owner-occupier appeal, 15/8 Tonga Place represents an opportunity to secure a specialised investment in a location that will remain in demand.
The Math -
Rental return - $1125 pw
Body Corp - $70pw after discount pw
Rates $2600 approx pa
Water - $1700 approx pa
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