6/7-15 Varsityview Ct, Sippy Downs is a 4 bedroom, 4 bathroom Unit with 4 parking spaces and was built in 2003. The property has a land size of 105m2. While the property is not currently for sale or for rent, it was last sold in December 2007.
THIS INVESTMENT PROPERTY WILL NOT LAST LONG WITH ITS CURRENT RATE OF RETURN AT A WHOPPING ANNUAL NET 11%.THIS PARTICULAR UNIT OFFERS FOUR SEPARATELY LEASED ROOMS, EACH WITH ITS OWN ENSUITE, BUILT IN ROBE AND DESK FOR STUDENTS STUDY PURPOSES. ON THE SECOND FLOOR, WE HAVE VIEWS FACING NORTH TOWARDS THE LAKE AND UNIVERSITY, MAKING THIS UNIT PRIME REAL ESTATE AMONGST OTHERS IN THE AREA.THE UNI CENTRAL COMPLEX OFFERS AFFORDABLE ACCOMMODATION TO OUR LOCAL AND OUT OF TOWN UNIVERSITY STUDENTS. IT ALSO OFFERS LOADS OF EXTRA BENEFITS INCLUDING A 25 METER LAP POOL, TENNIS COURT, BASKETBALL COURT, LARGE INDOOR COMMON AREA AND SEVERAL COMMUNAL BBQ'S/PICNIC TABLES.IMPORTANT PROPERTY NOTES:- HUGE 11% NET R.O.I- FULL TIME GARDENERS AND ON SITE CARE TAKER- QUICK AND EASY WALKING ACCESS TO THE SUNSHINE COAST UNIVERSITY- LOCATED NORTH COMPLEX SIDE, VIEWS OF LAKE AND UNIVERSITY- UNDERCOVER CAR PARK IN COMPLEX + ON STREET PARKING- GATED COMPLEXTHE CURRENT LEASE AGREEMENTS ARE AS FOLLOWS:6A LEASE END 11/12/17 $210 PER WEEK6B LEASE END 03/07/17 $210 PER WEEK6C LEASE END 08/01/18 $196 PER WEEK6D LEASE END 03/07/17 $210 PER WEEK= $826.00 TOTAL WEEKLY INCOMETHIS IS ONE OF THE BEST UNITS YOU COULD POSSIBLY PURCHASE IN UNI CENTRAL. WITH THE NORTHERLY, LAKEFRONT ASPECT AND ON THE SECOND LEVEL IN ITS BUILDING, IT IS ATTRACTIVE TO ALL STUDENTS WHO WISH TO RENT A ROOM IN THE AREA, HAVING NO PROBLEMS IN FINDING A TENANT.*PLEASE NOTE: SHOULD YOU REQUIRE FINANCE FROM A LENDER, THEY DO REQUIRE A 30% CASH DEPOSIT
The size of Sippy Downs is approximately 14.5 square kilometres. It has 20 parks covering nearly 57.6% of total area. The population of Sippy Downs in 2016 was 10298 people. By 2021 the population was 11544 showing a population growth of 12.1% in the area during that time. The predominant age group in Sippy Downs is 10-19 years. Households in Sippy Downs are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Sippy Downs work in a community and personal service occupation.In 2021, 51.60% of the homes in Sippy Downs were owner-occupied compared with 52.40% in 2016.
Sippy Downs has 4,892 properties. Over the last 5 years, Houses in Sippy Downs have seen a 79.68% increase in median value, while Units have seen a 116.53% increase. As at 28 February 2026:
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