Situated in the heart of Burleigh Heads, one of the Gold Coasts most iconic and fastest growing suburbs, we present to you this incredible apartment block – proudly elevated on a 607m2 lot less than 850m to the renowned Burleigh Heads Beach.
Boasting an enviable location, only a short stroll from the famous bustling Burleigh precinct, with attractions such as James Street, world renowned restaurants including the Fish House and Rick Shores, wine bars, cafes and boutique stores surrounding. Minutes from respectable schools, Stocklands Shopping Centre, and only a few minutes drive to the M1.
With rising demand and limited supply creating a phenomenally competitive rental market on the Gold Coast, this unique Burleigh apartment block offers something else a prime opportunity! Architecturally designed with three fully self-contained apartments, this is a prime investment or rare dual-living opportunity for yourself.
All currently leased, approximated rental return for the 3 self-contained apartments is $1,450 per week. With great rental potential capitalising on the views that can never be built out, you really have it all. Offering all the desirable lifestyle, investment and opportunities on offer here in Burleigh, inspections of this incredible apartment block are a must!
OVERALL FACTS AND FIGURES:
Elevated 607m2 block
3 self-contained apartments spread over two stories
Originally constructed in 1981, and completely renovated in 2014
Balconies with northern views to Surfers Paradise skyline and the hinterland
Split-system air-conditioning and fans throughout
Generous storage space
Very low maintenance gardens
Three off-street parking spaces are available
Easy access to James Street and airport
500 metres from Burleigh CBD and Stocklands shopping centre, 850 metres from the beach, and just a stroll from several local cafes, restaurants and amenities.
GCCC Rates: Approx. $3,600/year
Water Rates: Approx. $1,400/year
Gross Rental Income: Approx. $75,400/year
FEAUTURES OF APARTMENT 1:
2 bedrooms, 1 bathroom, single car space
Approx. 52m2 total internal area
Open plan living and dining area
Main bathroom with shower and built-in laundry
Separate storage space
Currently rented at $330 per week
FEAUTURES OF APARTMENT 2:
2 bedrooms, 1 bathroom, single car space
Approx. 76m2 total internal area
Kitchen with modern appliances and it has plenty of storage space
Living area and second bedroom that opens to a private balcony
Main bathroom with separate toilet
Laundry
Currently rented at $470 per week
FEAUTURES OF APARTMENT 3:
3 bedrooms, 2 bathrooms, double car space plus balconies
Approx. 150m2 total internal area
Two defined living areas
Large open plan design, sleek wooden floor throughout living areas
Top quality kitchen with granite benches, free standing 5 burner Blanco gas stove, huge walk-in pantry, self-closing drawers, Omega dishwasher and plenty of cupboard space
Master bedroom has convenient ensuite and walk-in robe
Main bathroom with spa bath, separate shower and European laundry.
West facing ‘L’ shape balcony with breathtaking 180-degree views
Currently rented at $650 per week
Disclaimer: Whilst every effort has been made to ensure the accuracy of the above and attached information, no warranty is given by the agent, agency or vendor as to their accuracy. Interested parties should not rely on this information as representations of fact but must instead satisfy themselves by inspection or otherwise.