This apartment is well positioned in one of Mermaid Waters best performing permanent residential investment complexes. The unit has been priced to represent an excellent return with long term tenants on fixed lease until November 2014 at a current rent of $300pw giving a gross yield of 6.0%.

So what is so special about this apartment to attract long-term quality tenants' … it is a roomy bright and breezy 2 bedroom apartment on the second level overlooking the peaceful tropical gardens from the very roomy balcony.

Open plan living and dining with a very generous kitchen with plenty of cupboard space. The two double bedrooms have large built-in wardrobes with mirror sliding doors plus a bonus small balcony off the main bedroom to catch those through breezes. Easy access under-building car park & separate large lockup storeroom.

This apartment is situated in one of Mermaid Waters most popular centrally located gated communities of 80 units, primarily investment, offering your tenants affordable living in a permanent residential environment complete with two swimming pools, sandy beach, fishing jetty, ocean access boat ramp and large pleasant parklands.

This well managed building is constructed in low-maintenance, permanent solid masonry materials throughout including the interior walls with concrete tiled roofing providing cost effective maintenance and extended building life. This complex has Low Body Corp levies and an excellent long term sinking fund.

The vendors are committed and have priced this excellent property to sell on a rising market, so if you are looking for an ideal property investment please call the friendly On-Site Managing Agent to arrange your private viewing. Click on Contact Agent for our details.