Phone Enquiry ID: 233905
Situated just 600 metres from Trinity Beach and just a short walk to popular restaurants, cafés and shops, this fully furnished and fully equipped studio apartment presents an excellent investment opportunity in a sought-after coastal complex.
The property features a full kitchen, modern bathroom with laundry facilities, private patio, air conditioning, and access to the pool, tropical gardens, and BBQ area. It is sold fully furnished, including kitchenware, bedding, and household essentials, and is ready to lease immediately.
Based on an estimated rental income of $400/week, the property delivers a gross yield of 6.93%
The complex also offers excellent on-site management, allowing the unit to be holiday let with minimal owner involvement and the potential for stronger gross income and yield.
A comparable unit in the same complex recently sold for $300,000. Ideal for investors or buyers familiar with finance requirements for tourist-zoned properties.
Body corporate fees approx $4800 per year
Rates approx $3000 per year