Student Accommodation

Hostel / Student Accommodation

  • Approval for 45 x 3 bedroom units. 135 Bedrooms.
  • Large rooms each with a private ensuite.
  • Each 3 bedroom unit has a large communal living area and
    large kitchen.
  • Rooms can be rented out individually.
  • Large internal communal areas, lounges, recreational areas and study/computer rooms.
  • Walking distance to Griffith University which has just had a major extension with plans to expand further in the future, close to
    Southport Tafe and English schools.
  • Huge demand for short to long term accommodation.
  • Current and future rental shortage for this type of accommodation.
  • Ideal accommodation for travelling school, church, and sporting groups as well.
  • Close to Southport CBD, Surfers Paradise, Broadwater, Shops, Restaurants, Recreational activities, sporting clubs and large schools.
  • Regular public transport, Bus station at the front, there is also a current proposal in council for a light rail system to service Central st.
  • Huge income stream as an ongoing business, rooms can be rented for $220- 250 per week x 135 rooms.
  • Other possible income streams, management rights, bulk electricity with individual metering, coin operated Laundromat, bulk broadband internet, vending machines, food, cleaning, linnen services, maintenance contracts.