Your bank will offer you 2 to 3 percent return with no capital growth. This totally renovated, fully managed apartment in a luxury Surfers Paradise tower will not only pay you $650 a week for doing nothing, at the end of the two year rental agreement your quality asset will have grown in value and is perfectly timed to attract a higher rental from the influx of Commonwealth Games visitors.

Once you have purchased the apartment there is no more outlay. With current low interest rates, the boom in international tourism and more Australians holidaying at home due to the exchange rate, a resort property investment with a guaranteed return of $650 per week is a gilt-edged deal.

Situated on the 12th floor of Ipanema, this dual-key apartment can be let as a 2 bedroom 2 bathroom unit or as two properties – a single bedroom unit plus a bed-sitter with kitchenette.

Recently renovated and equipped with new furniture, blinds, carpets and quality appliances, the apartment enjoys an idyllic north-east aspect with views over the ocean and a panorama of city lights after dark.

Ipanema is known for its fine resort facilities including a huge heated pool and heated spa, gymnasium, conference room and extensive outdoor entertaining amid beautiful tropical landscaping.

Patrolled beaches are just one street away, with private access through Ipanema’s gardens.

- Unit A features a 2nd balcony off queen-size bedroom, private ensuite
- Unit B has kitchenette, big walk-in robe, N/E balcony, ensuite
- Ducted air conditioning, fully equipped laundry
-2 car spaces in security basement, access via keyed lifts
- Light rail station, 24-hour convenience store & restaurants nearby

Famously known as the tourist capital of the Gold Coast, Surfers Paradise is located centrally on the coastline.

With numerous high-rise developments boasting sleek architectural features, enhanced by panoramic ocean views, apartments, units and homes all have the opportunities of the Surfers lifestyle. The streets and surrounds of Surfers are jam-packed with activities, entertainment and fun everywhere you turn. It is renowned for fine dining, fantastic shopping and a busy nightlife.

Surfers Paradise lets you enjoy all the excitement of the Gold Coast with the theme parks on the Gold Coast corridor only 30 minutes drive north and a choice of 13 international golf courses and additional public courses in the vicinity.