Owner’s daughter is now a Griffith Dental School graduate and practising in Melbourne.

Attention! This property has now been leased for six months at $350 per week.

The Property
This is a very spacious large two bedroom two level townhouse with a huge study, and the best location and rear yard in Summer Place. Renovated bathroom and late model kitchen appliances. The pictures and floor plan say it all. The driveway can accommodate two small sedans in addition to the lockup garage.

Position; the real estate mantra!
Located in a very well maintained and presented complex with resort quality pool, tennis court and BBQ facilities this property is soo close to the Gold Coast Griffith Uni.

Directly across the road is the selective Academy of Health Science (high School feeder to the medical faculty) Stroll across the Smith Street foot bridge and you are in the heart of the Gold Coast Griffith University campus.

The light rail passenger transport system is being constructed and due for completion in 2013. It commences at the new Gold Coast University Hospital and will extend past Surfers Paradise. The tracks almost touch our North East boundary and the nearest station will be less than 500m from this point.

Our street contains a Catholic school facility that caters for pre-school through to High school students.

We are close to bus transport and shopping centres.

Search for us on Google maps or Google Earth: 97 Edmund Rice Drive, Southport, Queensland.

Despite being at the end of a dead end street, an amazing number of people drop in, through word of mouth, asking about sales and vacancies. Many excellent tenants have been drawn from this passive marketing source.

Timing; the real cause of price variations.
The last time the market was so favourable to investors here on the Gold coast was during 1999 – 2000.

Southport is the CBD of the Gold Coast, the hospital construction, light rail construction and the University evolving into a well regarded medical campus is culminating in a most appropriate time frame for a property investment such as this.
Can you afford to pass on this property?

Vacancies; the erosion of income.
Until this year we typically had vacancies between tenants of less than a week. Recently it has been more difficult to win tenants. Despite this we consistently have shorter vacant periods than the other real estate agents that manage properties within this complex, and we believe our tenants are better residents and prove to have more stable tenancies. We live here!

On Site Manager!
The onsite manager manages the body corporate property and this unit is in his letting pool. Very little occurs within Summer Place without his knowledge. He is not managing 200+ diverse properties geographically spread around the suburbs.

A copy of the sustainability declaration can be obtained from the agent.

Call the manager, he will assist you, he knows this property and the complex intimately.