All Topics / General Property / Investing near Petrie university Brisbane

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  • Profile photo of MozzaMozza
    Participant
    @trento
    Join Date: 2018
    Post Count: 1

    hi guys,

    I’m looking at purchasing a dual income property 2x units on one title neat tidy, very close to the new Petrie uni. It’s a positive cash flow property from day one so I’m interest anyhow, but has anyone had experience with IP in close proximity to a uni/ train station is also a stone throw away?

    Cheers guys

    Profile photo of BennyBenny
    Moderator
    @benny
    Join Date: 2002
    Post Count: 1,376

    Hi Mozza,

    I’ve had no experience with this kind of situation – but one thought that sticks out is the old chestnut of “When a student goes on holiday for 3 months, where does my income come from?”   Now in your case, it is NEAR the Uni, but is also near a train station – so that means you might be able to rent to non-students.   At this time I think it would be good to consider just which demographic is to be your favoured tenant.

    See what others think…..

    Benny

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