This Unique North East facing Architecturally Designed Duplex is located in the New Magnoli Estate in the heart of Palm Beach one of the hottest locations to buy on the entire Gold Coast.
Perfectly positioned on the largest block in the entire development and 100m walk to the beach, this 474m2 northeast facing parcel of land comes complete with a large in ground pool and 2 outdoor entertaining areas!
Property Features include:-
* Three large bedrooms upstairs, main with Walk in Robe and Ensuite.
* Open office space on 2nd level with Nth East Aspect.
* Ducted Air Conditioning through the home
* Main bathroom with separate shower, freestanding bath and complete with marble bench vanity.
* Separate dining with private courtyard.
* Large kitchen with marble bench tops, stainless steel appliances, glass splashback, exceptional cabinetry plus gas cook top.
* Laundry off the Kitchen that can also act as a Butlers Pantry.
* Large Lounge/Entertaining area flowing out to fully landscaped backyard facing Nth East.
* Large in ground saltwater pool.
* 2 car garage with auto door plus extra storage.
* Additional Storage under stairs.
* Option to create additional Attic Space with Ocean Views STCA.
* Walking distance to some of the best Cafs, Restaurants and Surf Clubs on the Gold Coast.
* Waking distance to the new Gold Coast Light Rail Stage 3 when complete
* 10min Drive to Gold Coast Airport
* 10min Drive to John Flynn Hospital
* 2min drive to the M1
* Investment Details
* Indicative Depreciation in year 1 approx $16,000
* Rental Returns at approx $775 to $825 per week
* Body Corp approx $16.00 per week
* Rates & Water approx $3,000 per year
This beautiful architecturally designed townhouse will be complete and ready to move into around February 2017