This 91m 2 bedroom apartment is positioned in the heart of Surfers Paradise. Showing great returns and being rented for $400 per week on a permanent basis. Great investment at 8% gross return. East facing and located in one of the best positions of a 3 story walk up complex and even has ocean views. With everything at your fingertips you can leave the car at home.
FEATURES
2 Good size bedrooms both with built in robes
East facing balcony with ocean views
Fully furnished
Near new carpet and paint throughout
Permanently rented at $400 per week
Near new Blinds
Near new appliances and TV
Private and quiet position
1 secure car accommodation
Tiled and carpeted throughout
Fully secure complex
Spacious bathroom
Ceiling fans in both bedrooms and living area
Open plan living and dining
Walk to shops, restaurants and patrolled beaches
This well maintained resort style complex has a good size pool and BBQ area. Situated in the heart of Surfers Paradise you are within walking distance to shops, transport, patrolled beaches, parks, cafes and restaurants. This unit is well worth an inspection, act now and call to arrange an inspection today.
Surfers Paradise has been at the centre of major development of the Gold Coast throughout the past 30 years and while development has spread north and south, it remains the heart of the Gold Coast.
With inauspicious beginnings as a place called Elston, Surfers Paradise has continued to flourish since the introduction of the Surfers Paradise Hotel by Jim Cavill in 1925.
Occupying a relatively narrow stretch of land across the Nerang River from Southport, Surfers Paradise is one of the most famous beaches in Australia.
Riverside subdivisions in 1949 brought a number of restaurants, boutiques, specialist gift shops, and a cosmopolitan population to the area.
By 1960 central Surfers Paradise could boast its first high-rise apartment block, Kinkabool, and within seven years the now-familiar skyline of apartment buildings was visible from a distance.
Surfers Paradise has a diverse population of around 20,000 people, comprising of families, couples and retirees. The population grows enormously during peak tourist seasons allowing the Gold Coast tourism market to provide a dynamic employment base for residents.
Following the trend toward inner-city living, the area has enjoyed a resurgence of interest and demand for centrally located properties.
Attracting more than four million visitors each year, this world famous suburb is home to the Q1 tower. This 80 level landmark reaches 322 metres in the sky capturing breathtaking ocean and hinterland views. The Hilton Surfers Paradise Hotel and Residences is one of the suburb’s newest developments recently opened at the end of 2011.
With development sites few and far between and given the continuing demand for centrally located properties, increased interstate migration and the continual upgrading of the Surfers Paradise retail precinct, the future of residential investment in the area looks bright.