Welcome to your prime investment property in the heart of Surfers Paradise, Queensland! This immaculate ground floor unit offers an exceptional opportunity for investors seeking a hassle-free property. Boasting a prime location, just moments from the vibrant dining, shopping, and entertainment precincts, as well as the stunning beaches of Surfers Paradise, this property promises an enviable lifestyle for tenants and strong rental returns for investors.
Property Features include
-Two bedrooms both with ceiling fans, master with ensuite, back balcony access
-Tiled open plan living space opening out to front balcony with tropical surroundings
-New Air conditioner in living space
-Generous kitchen, with updated appliances including dishwasher, induction cooktop & new oven.
-Large master bathroom with combined laundry
-Two balconies with tropical surroundings
-Ground floor unit(about 5 stairs need to be used)
-Single underground secure car park
-Freshly painted throughout
-Resort facilities including BBQ area & in-ground pool
-Current long term tenant in place until May 2024
Outgoings
Body Corporate approx $92 per week
Water Rates approx $390 per quarter
Council Rates approx $1200 half yearly
Rental Appraisal $600-$650
Investment Benefits:
Tenant in Place: With a reliable long term tenant already occupying the unit, you can start generating rental income from day one, providing you with immediate returns on your investment.
Strong Rental Demand: Surfers Paradise is a highly sought-after rental market, offering consistently high demand from tenants attracted to the area's lifestyle, amenities, and entertainment options.
Potential for Capital Growth: Positioned in a desirable location with ongoing development and infrastructure improvements, this property presents excellent potential for long-term capital appreciation.
Low Maintenance: Benefit from minimal upkeep responsibilities, as the property has been well-maintained and managed, allowing you to enjoy passive income without the stress of constant maintenance tasks.
Why Invest in Surfers Paradise?
Surfers Paradise is renowned for its stunning beaches, vibrant nightlife, and abundant recreational activities, making it a magnet for tourists and residents alike. As one of Queensland's premier lifestyle destinations, investing in property here ensures a steady stream of rental income and the potential for robust capital growth over time.
Disclaimer: We have in preparing this information used our best endeavours to ensure that the information contained herein is true and accurate, but accept no responsibility and disclaim all liability in respect of any errors, omissions, inaccuracies or misstatements that may occur. Prospective buyers should make their own enquiries to verify the information contained herein.