205 & 206/25 Laycock Street

Surfers Paradise QLD 4217

Apartment

Currently for sale - view listing

Overview

High Returning Investment

An exceptional opportunity to secure a high-performing investment in the heart of Surfers Paradise, offering an impressive permanent rental return of over $940 per week until March 2027, with fantastic existing tenants. Positioned within the popular Mantra Legends building, apartments 205 and 206 present an exciting opportunity for investors looking for immediate income, flexibility and a prime Gold Coast location. They are also completely set up to convert into a 2-bedroom holiday home which can be managed by the excellent on-site managers What makes this opportunity particularly attractive is the existing rental arrangement. The apartments are currently tenanted on short-term, three-month agreements, with the opportunity to renew or upgrade into the holiday letting pool for a higher return. Investment Highlights: 2 Bedrooms 2 Bathrooms 2 Balconies North Aspect 81m2 in size 2nd Floor Sold furnished Kitchenette, dishwasher and appliances (microwave and two fridges) Flexible holiday accommodation or investment opportunity Rented separately to a total at $940 per week until March 2027 Body Corporate $251 per week including Electricity Rates & Water $94 per week Mantra Legends Resort Facilities: Enjoy access to an impressive selection of facilities, including a lagoon-style swimming pool, heated spa, fully equipped gymnasium, sauna, steam room, on-site dining and a welcoming hotel-style foyer. Location, Lifestyle & Long-Term Investment Appeal Situated in one of the Gold Coast's most recognisable tourist destinations, Mantra Legends places you just a short stroll from the golden sands of Surfers Paradise Beach, Cavill Avenue, world-class dining, shopping and the G light rail. Whether you're an experienced investor looking to expand your portfolio or entering the Gold Coast investment market for the first time, this is an opportunity to secure an income-producing property in an outstanding central location. Contact Katrina Keegan or Penelope Nichols at Coronis Collective today for further information or to arrange your private inspection. Disclaimer: Some furniture and personal items have been digitally removed to protect the privacy of the current tenants. Disclaimer: We have in preparing this information used our best endeavours to ensure that the information contained herein is true and accurate but accept no responsibility and disclaim all liability in respect of any errors, omissions, inaccuracies or misstatements that may occur. Prospective purchasers should make their own enquiries to verify the information contained herein.