Top opportunity for the investor or first home buyer. Capitalize on the Southport infrastructure projects such and the light rail and the new hospital with a solid little property that is ready to rent or move in.

This building has been designed for low cost and low maintenance living, without compromising on quality. The result is an amazing level of finish, with a low purchase price and an even lower body corporate fee of just $17/week (approx)!!

Estimated rent for an apartment such as is this is around $280 per week, and possibly up to $320 if a few thousand is spent on a basic furniture package. Depreciation estimate for the first year is roughly between $9,000 and $11,500. You do the math!

Apartment 13 is a single bedroom unit on the top floor, featuring:
- open plan living
- balcony with broadwater glimpses
- quality kitchen with stainless Bellini appliances
- bedroom with built in robes
- two way bathroom
- separate laundry
- reverse cycle air conditioning
- secure, basement parking for one car
- vacant and ready to rent!!!

For the investor, a depreciation schedule and rental estimates available upon request. The developer can also arrange a budget furniture package. The complex is ideally located just a short walk from the tram line, a few blocks from the broadwater, and just off Smith St, providing easy access to the Uni, Hospital, recreation facilities, tourist and business precints, and the M1 & train to Brisbane. In fact, “Australian Property Investor” magazine’s Hot 100 suburbs for 2012 included only one Gold Coast suburb – Southport!

Call Michael Conrick today or use the ‘Email Agent’ form to request further details or book an inspection.

* Photos and floorplans are for illustration purposes only and may not represent the specific apartment. Personal inspections are recommended.

Property Code: 769