If you’re looking for a flexible investment property on the beautiful Gold Coast, look no further.
This one bedroom, one bathroom with shared laundry, one secure lock-up garage and kitchenette with balcony is the definition of a ‘set-and-forget’ investment property. It could also be providing you with a much higher return on investment than similar properties due to it’s upkeep and position. With average returns in the area hovering near 5%, this unit boasts returns above 6.5% depending on market conditions. That’s nothing to be scoffed at!
With the options of a permanent rental around $325/week, adding to the hotel holiday letting pool for significant amounts of money during peak season or living in the property yourself, you’re not locked into holiday letting or made unable to live in the property, unlike many other units on the market today.
On-site managers ensure that maintenance and upkeep is done quickly and the current owners have never had issues with security or upkeep for the length of their ownership.
Selling in order to consolidate their finances, this is a great opportunity to purchase one of the best units in the building.
New air-conditioning, kitchen, and interior furniture allows you to maximise your investment potential with a great depreciation schedule, and you’ll be able to purchase with the peace of mind that large furnishings are still under warranty and are in good working order; no nasty surprises, means no nasty unexpected expenses!
With the beach a stone’s throw away, public transport incredibly close-by and in the thriving hub of the Gold Coast, this unit has it all!
For more information, please visit www.jcsteadman.com/106marine and to access the body corporate disclosure statement.
N.B. Body corporate is $1,096/quarter.
Property Code: 2059