Offered for sale, this prime real estate will not last. Apart from being one of the best student accommodation situated next to Curtin University, with 30,000 students enrolled, including 8,000 international students, the property itself has increased substantially in value since its construction three years ago.
The student complex is located a 2 minute walk from the Curtin University campus and Canning College. The purpose built accommodation is situated in what is known as the “golden triangle” comprising real estate dedicated to rental accommodation for students attending Curtin University. In comparison to other student accommodation, these two dwellings on the same title will be sold as one investment and are recognised as the best the area has to offer within the golden triangle, live in one residence and lease the other.
The student accommodation is fully professionally managed and provides ongoing accommodation for international students attending Curtin University. For the astute buyer this property provides a unique opportunity for overseas or interstate investors who are simply seeking a return on their investment. The rental income is approximately $54,000.00 a year, with the potential to increase the return.
The student accommodation was designed for the purposes of accommodating all the needs of students and was completed three years ago. Both homes have been fully tenanted by 10 students since they were built and the demand remains very strong for this highly sought after student accommodation.
Each dwelling comprises 5 large bedrooms, 2 lounges, a gourmet kitchen, 3 bathrooms. The rooms are spacious and great care was taken to ensure that the complex creates a homely atmosphere as well as catering to the individual needs of each student. The interior decoration was designed to provide a positive ambience and homely atmosphere, giving rise to a well earned quality reputation and the ongoing demand for vacancies when they occur.
The homes are fully furnished with quality furnishings and appliances including TV’s and lounges and coffee tables in the upstairs and downstairs lounges. The kitchen is fully equipped and adjoins a lovely furnished dining area.
Each home has been smart wired to provide high speed internet connection to each student room. There is Foxtel cabling and telephone connections to each room and all student rooms are fully furnished to allow students to study privately at their own study desk and have all the amenities available to assist them in their studies.
Security has been addressed with both student houses being fitted with security grills to all windows. Each house has an alarm system and a remote control security gate has been installed to allow student only access to the student complex.
The gardens are fully reticulated and have been landscaped with low maintenance native plants.
The properties are located within prime real estate which provides growth opportunity and a sound investment for the discerning buyer.
