643

Management Rights
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Motels / Hotels
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Caravan Parks
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860

Investment Property
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3 Bedroom Contemporary Townhouse

Offers over $1,260,000

Townhouse real estate, Runaway Bay QLD

Step into elevated urban living with this beautifully designed and recently upgraded 3-level townhouse offering the perfect balance of comfort, style and outdoor space. Boasting three spacious bedrooms, open-concept living areas and a showstopping rooftop terrace with unobstructed 360-degree views, this home is a rare find.

Located in quiet leafy Madang Crescent the residence is one of 3 in this boutique complex, with the Broadwater directly accessible across the street 10 metres away. Its superior location in upmarket Runaway Bay, provides close access to Harbour Town Shopping Centre, Runaway Bay shopping centre and is within walking distance of local shops, cafes and restaurants.

The stylish residence offers contemporary living over three levels with a choice of entertaining options, including the private ground floor courtyard and BBQ area, the open plan spacious living and dining areas, or the rooftop terrace where you can entertain friends and family, relaxing and enjoying the 360 degree views of the Broadwater and Hinterland.

The residence comprises of 3 bedrooms, 2.5 bathrooms, a study/office area, an open plan living and dining level incorporating a modern kitchen with updated stainless steel appliances, large walk in pantry and storage cupboard. With north facing balconies on both the living and bedroom levels there is an abundance of natural light.

Features:
Stunning roof top terrace with 360 degree views capturing the Broadwater and Hinterland
North facing master bedroom with built in robe, adjoining ensuite with spa bath and patio
2 Bedrooms with built in robes and one with patio
Secure double car garage with internal entry and auto door
Split level contemporary living
Modern kitchen with stone work surfaces, and stainless steel appliances
Air conditioning to the master bedroom and main living area
Low maintenance gardens
Large separate laundry
Security screen doors and windows
Security alarm system
Garden shed

More Information

Property Overview

Category: Townhouse
Details: 3 2 2
Price: Offers over $1,260,000
Area: 168m2

Property Features

Balcony
Intercom
Air Conditioned
Spa

Investment Information

Gross Return: $ 50440
_{How much does the property return in rent per year.}

Net Return: $ 39043
_{How much does the property return after all management expenses are deducted.}

Yield: 4%
_{The percentage of the Asking Price that the property delivers in Gross Return each year.}

Guaranteed Return (PA): $ (not disclosed)
_{Some managers offer a guaranteed rental return. If applicable, this will be detailed above.}

Body Corporate Costs: $ 4712

Rates PA: $ 2650

Management Fee: 8%
_{How much is charged as a management fee.}

Cleaning Costs (PA): $ (not disclosed)
_{Some holiday properties have cleaning and linen costs to be considered. If so, the costs may be detailed above.}

Cable and Data costs (PA): $ (not disclosed)
_{Some holiday properties are required to have foxtel and internet in order to be let. If so, the costs may be detailed above.}