BEST OFFER OVER BANK VALUATION $425,000. (6.73% gross return)

- Fully renovated to a high standard throughout with designer fixtures & fittings, gloss tiles and laminate flooring with a 2 pac kitchen & stone bench top
- Large Spacious 4th level corner with an abundance of natural sunlight
- Master bedroom with ensuite & floor to ceiling mirror doors
- Tightly held, rarely sold 8 level boutique RESIDENTIAL ONLY (very quiet) building. An absolute joy to live at with convenience being at the upmost forefront.
- The complex has a private use jetty, BBQ area and a swimming pool which all provide views over the surfers paradise skyline! An entertainers paradise
- Boat and Water lovers have direct access to main river from the building’s private jetty and dedicated boat ramp with wench
- The building has just completed major works including a complete lift refurbishment, resealing of carpark and roof
- There is excellent onsite management and cctv security cameras throughout
- All amenities are a 2 minute walk including Woolworth’s, medical/dental centre, chemist, childcare, restaurants, parks and tram line
- Leased until August 2018 @ $550pw rent ( 28,600 per annum) to long term tenants wishing to stay on.
- Pets permitted with Body Corporate Approval
- Only 37 units on a PRIME MAIN RIVER land holding in Southport = POTENTIAL DEVELOPMENT SITE

With a BLUE CHIP LOCATION, great VIEWS, strong CAPITAL GROWTH, and all the hard work done with not a cent to spend, this is the opportunity you have been waiting for.. -BARGAIN BUYING AT ITS BEST

Rent Income: $28,600 per annum
Rates: $ 1,770 per annum
Water: $ 1,500 per annum
Body corporate Levy: $ 3,726 per annum
Sinking fund levy: $ 3,110 per annum