Snap up this block of 4 x 1 bedroom , 1 bathroom, light filled, strata titled units.
If you are looking for an investment with high returns and minimal outgoings then look no further.
Ideally situated one street from the Chevron Island Caf & Boutique precinct and the heart of Surfers Paradise and its Golden Beaches is just a short stroll.
Key Information-
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Each unit has long established tenants in place and are due for a rental increase
?* Unit 1 – $245 pw – end lease date 13/10/2014
?* Unit 2 – $245 pw – currently on a periodic lease
?* Unit 3 – $235 pw – currently on a periodic lease
?* Unit 4 – $245 pw – end lease date 30/09/2014
Council Rates – approximately $1500 per annum per unit
Water & Sewerage – approximately $2000 per annum
Each unit is individually metered for electricity
Block size- 506m2 approximately with possible future redevelopment potential