The owner of this luxurious air conditioned and fully furnished 1 bedroom apartment is determined to sell.

Put yourself in the best position for your boating and for exploring the Gold Coast’s magnificent South Stradbroke Island.

* Waterfront – built right on Couran Coves lagoon beach
* Centrally located and North to the water
* Upper level in a block of four
* Access to all resort facilities
* Marina berthing discounted and incl. 28 days pa free

xxxxxxxxxxxLEASEBACKxxxxxxxxxxxx The owner of this property has leased it to the Couran Cove Island Resort until 31 January 2009 for a guaranteed fixed rental paid quarterly. The lease sets aside 28 days pa for owner use on a flexible basis allowing the resort effectively 48 weeks use pa. Gross income from the lease after furnishings maintenance contribution is $13,502pa. Ongoing owner expenses of Body Corporate levies $6,040pa and Rates approx $1500 apply.