An old school traditional walk up that consists of 8 apartments, sitting on a 508m2 block. This renovated one bedroom one-bathroom property seeks an investor looking to start, or grow their portfolio. This apartment brings lots of prospective growth and redevelopment potential. Located in a prime position in Surfers Paradise, being in walking distance to Cavill Avenue and Surfers Paradise beaches. Wooden floorboards and renovated throughout this property is not expected to sit on the market for very long!
$260 per week return
Tenancy agreement up for review in March
Very low body corporate fees
1 Parking space
Ideal for investment/superfund
5-minute walk to take a dip in the ocean
Shopping facilities within walking distance
Redevelopment potential