A rare opportunity has emerged in one of Broadbeach's most tightly held boutique addresses. Situated within Yallambee Lodge - an intimate complex of just eleven residences on a 1,161m² landholding - this two-bedroom, two-bathroom apartment with basement parking represents compelling value in a market where position of this calibre seldom appears.
The vendor's instructions are direct: this property is surplus to their needs and will be sold. All offers are to be presented without hesitation.
For the astute buyer, the opportunity is clear. The apartment presents as a blank canvas in an irreplaceable location - one where modernisation will be rewarded, delivering a Broadbeach lifestyle asset at a fraction of replacement cost. Whether your ambition is owner-occupation or portfolio growth, the numbers and the position speak for themselves.
The location requires little introduction. Pristine beachfront, Kurrawa Surf Club, the Surf Parade and Oracle dining precinct, Oasis Shopping Centre, Pacific Fair, and the Gold Coast light rail are all within an easy walk - a confluence of lifestyle amenity that continues to underpin demand and capital growth in equal measure.
This is not a property to consider at leisure. Bring your figure to the table.
Property Features
• Vacant possession
• Two bedrooms
• Two bathrooms (includes ensuite off Master)
• Basement car space
• Updated kitchen
• Mid-level aspect within boutique complex
Property Outgoings
• Council Rates: $5274.16 per annum (calculated as an investor, owner-occupier rates will be lower)
• Water Rates: $1435.76 per annum (calculated on most recent quarterly account)
• Body Corporate: $70.80 per week
• Rental Appraisal: *$850 per week (higher upon renovation)
Auction Details
• Date: Saturday, 25 July - 10:30am on site
• Deposit: $50,000 (payable within one business day)
• Settlement: 30-45 days (buyer's election)
Disclaimer
This property is being sold by auction or without a price and therefore a price guide can not be provided. The website may have filtered the property into a price bracket for website functionality purposes
