CASH UNCONDITIONAL BEFORE OPEN

Offers Over $549,000

Unit real estate, Labrador QLD

A rare ground floor apartment has become available in highly sort after Grand Bay Luxury Apartments. This permanent only complex with resident onsite management boast a quiet and friendly community for you to start living your waterside dream or acquire that investment property close to the water.

This apartment is nestled away from the hustle and bustle of it all with the kitchen leading into a spacious open plan lounge/dining area with a balcony. It has a generous sized bedroom with a built-in and a second balcony. There is a bathroom with a separate toilet and a storage cupboard and laundry. The complex has a pool with BBQ and is gated with secure off street car space.

Your only seconds away to direct pedestrian access of Harley Park Beach where you can enjoy the beautiful Broadwater for a swim, a morning walk along the foreshore, or take in the water views from one of the many cafes or restaurants.

This property offers affordable waterside living with low body corp, centrally located to all the Gold Coast has to offer, making it a compelling home or investment.

Investors can expected an approximate return of $570 per week
BC Levies: Approx. $ 3 400 p.a.
Water: Approx. $ 1 400 p.a.
Rates: Approx. $ 1 900 p.a

Features:
- Resident Onsite Manager
- Secure Complex (CCTV & Access Control)
- Secure Off Street Car Space
- Low Body Corp - Approx. $66 p/wk
- 80m To Beach & Broadwater
- Close to Public Transport & Harbour Town SC
- Pool with BBQ Area
- Tropical Gardens
- Pet Friendly
- Proactive Committee

More Information

Property Overview

Category: Unit
Details: 1 1 1
Price: Offers Over $549,000
Area: 60m2

Property Features

Balcony
Intercom
Air Conditioned

Investment Information

Gross Return: $ 29640
_{How much does the property return in rent per year.}

Net Return: $ 22940
_{How much does the property return after all management expenses are deducted.}

Yield: 5.4%
_{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: $ 3400

Rates PA: $ 3300

Management Fee: 8.25%
_{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.}