A unique investment opportunity in the heart of Surfers Paradise, these two separately titled studio apartments are positioned directly next door to each other within Mantra on View. Located on the north side of the sixth floor, buyers have the flexibility to secure one apartment individually or purchase both, offering an attractive opportunity to expand an investment portfolio within one of the Gold Coast's busiest tourism precincts.
Both apartments feature a twin-bed configuration, private bathroom and their own individual entrance, allowing each to operate completely independently as short-term or holiday accommodation. This flexibility presents an attractive investment opportunity within one of the Gold Coast's most sought-after tourism precincts.
The location is a major drawcard. Positioned in the heart of Surfers Paradise, Mantra on View places guests within an easy walk of the beach, shopping, restaurants, cafés, nightlife and some of the Gold Coast's most popular attractions. Surfers Paradise Beach is approximately 160 metres away, while the Cypress Avenue light rail station is approximately 120 metres from the hotel, providing convenient access along the Gold Coast. Chevron Renaissance is approximately 300 metres away, with the shopping, dining and entertainment of Cavill Avenue around 600 metres from the property. The combination of beachside positioning, public transport and a highly walkable tourism precinct creates an attractive proposition for the short-term accommodation market.
Property Highlights:
Two individual titles - purchase one or purchase both
Two separate studio apartments positioned directly next door to each other
Both apartments feature a twin-bed configuration
Each apartment has its own private entrance and bathroom
Positioned on the 6th floor of Mantra on View
Desirable north-side position
Excellent short-term and holiday accommodation investment opportunity
Sold fully furnished
Short-Stay Use Only - Not for Permanent Residency
Holiday let, Airbnb, self-manage or onsite management options available
Returns over $42,581 each unit last financial year
Body Corporate is about $129 per week
Council Rates are about $102 per week
Water Rates are about $35 per week
Mantra guests can enjoy access to the buildings popular resort facilities, including a gymnasium, wellness and spa facilities, on-site dining and the convenience of one of Surfers Paradise's most sought-after locations.
Before you finalise any decisions, we recommend discussing financing options for this studio hotel apartment with your financial institution. Please be aware that securing finance for this type of property can be challenging with many lenders. To streamline the purchasing process, the sellers prefer offers without finance conditions, accompanied by a 30-day settlement where possible.
Contact us today to receive a link to the video walkthrough and detailed information pack, or to arrange an inspection.
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.