A fantastic opportunity awaits the astute investor wanting great cash flow returns and the bonus of acquiring a property with development (STCA) and future capital growth potential.
A further option may be to live-in one and generate an investment return from the other.
Comprising 2 residential units on a single title, both units are currently tenanted until mid-February 2016.
The key numbers for this property are:
- $45,500 gross rental return p.a.
- Council rates are approx. $2,497 p.a.
- Water rates are approx. $454 per qtr
- No Body Corporate fees!
- Land size of 619m2
Each unit comprises:
- 3 bedrooms each with built-in robes
- Single bathroom including spa bath
- Separate toilet
- Updated 2-pack kitchen finished with stone benchtops
- Stainless appliances, dishwasher and built-in pantry
- Single car garage with additional off-street parking
- Ceiling fans
- Separate laundry
- Security screens and doors
- Roller blinds
- Air-conditioned living area in Unit 1
- Floating timber floors in Unit 1
- Carpets in Unit 2
- Individually metered for power and water
This property is located in the highly desirable residential postcode of 4217, adjacent to Isle of Capri, Sorrento, Bundall and Evandale (Arts Centre Gold Coast) with nearby parks, gardens, waterways and Surfers Paradise beaches only minutes away by car.
Please note that these units are being sold as one property (not individually).
Please call Daniel Endenburg 0419 810824 today for an information pack.
Inspection times:By appointment only – please call