Great Investment Opportunity 1 Bedroom Apartment in Surfers Paradise

express interest

Unit real estate, Surfers Paradise QLD

Nestled in the heart of Surfers Paradise, this exceptional property offers an unbeatable location, just a short 10-minute stroll to the iconic Surfers Paradise Beach. Perfectly positioned across from shopping centers, grocery stores, coffee shops, and bars, it combines both convenience and comfort.
+Currently operating as a successful holiday rental, providing impressive returns for the owner.
+An incredible opportunity to own a spacious, east-facing one-bedroom apartment in the highly sought-after Chevron Island.
+Within walking distance to Surfers Paradise CBD and the famous Surfers Paradise Beach.
+The building features secure basement parking and a resort-style pool.
+Spacious one-bedroom apartment with a private ensuite.
+Secure basement parking.
+Pool and BBQ area for ultimate relaxation and entertainment.
+Steps away from HOTA, Chevron Islands vibrant restaurants, and cafes.

This property offers an outstanding blend of lifestyle, convenience, and investment potential, making it a must-see.

Disclaimer: The information provided herein has been prepared based on the best available knowledge and sources at the time of writing. However, we make no representations or warranties, express or implied, and accept no responsibility for any errors, omissions, inaccuracies, or misstatements that may be present. Interested parties are advised to conduct their own due diligence and verify all information independently.

More Information

Property Overview

Category: Unit
Details: 1 1 1
Price: express interest
Area: 0m2

Property Features

Furnished
Balcony
Intercom
Air Conditioned

Investment Information

Gross Return: $ 29000
_{How much does the property return in rent per year.}

Net Return: $ 25000
_{How much does the property return after all management expenses are deducted.}

Yield: 6.04%
_{The percentage of the Asking Price that the property delivers in Gross Return each year.}

Guaranteed Return (PA): $ 25000
_{Some managers offer a guaranteed rental return. If applicable, this will be detailed above.}

Body Corporate Costs: $ 3900

Rates PA: $ 6150

Management Fee: 12%%
_{How much is charged as a management fee.}

Cleaning Costs (PA): $ 2000
_{Some holiday properties have cleaning and linen costs to be considered. If so, the costs may be detailed above.}

Cable and Data costs (PA): $ 600
_{Some holiday properties are required to have foxtel and internet in order to be let. If so, the costs may be detailed above.}