Investment opportunity not to be missed, located in the ‘Alpha Sovereign’ building boasting great facilities, a great location and an oversized renovated one-bedroom unit.
The ultimate investment, with the average daily holiday rate up to $198 this investment can net over 6%.
The apartment features:
+ Rental appraisal at $450 on a fixed term month to month lease
+ Rental return of $600-800 per week on a holiday let basis
+ 1 Bedroom with King Size bed
+ Generously sized at 87 m2
+ Spacious open plan lounge with Air conditioning, couch, TV
+ Dining area with table and chairs
+ Huge balcony with unbelievable wrap around views of the Hinterlands, and a sneak peek at the ocean
+ Modern kitchenette (no stove or oven)
+ Renovated Bathroom
+ On floor laundry facilities
+ Entrance is located via Acacia Ave
The complex features the following:
• Tropical resort gardens
• Well maintained building
• Sparkling resort pool and spa with sun lounges
• Modern alfresco dining area next to pool
• BBQ facilities with undercover entertaining area with seating
• High speed internet available
• Onsite managers always available to help
• Undercover parking available on a ‘first come, first serve’ basis
The numbers:
*Combined rates: $3,320 P.A.
*Body Corporate: $112.50 P.W. With a sinking fund of over $700,000
*Income: On average this property brings in in excess of $60,000 P.A. Income statement available upon request
For rates, inspections and more information enquire at Fox’s Real Estate on 5532 3333
“The local agents you can trust”