Welcome to 12/105 Old Coast Road, a charming 1-bedroom, 1-bathroom residential unit in the sought-after Pelican Point. This property not only offers a comfortable living space but is also nestled amongst the sanctuary golf course, making it a perfect retreat for golf enthusiasts and nature lovers alike.
This property presents an outstanding investment opportunity, with a remarkable 5.7% NET return, making it a smart choice for investors looking to expand their portfolio.
Features
• 5.7% NET return
• Resort style pool
• Golf course nearby
• Comes fully furnished with new furniture
• Water rates – $1,463.16
• Shire rates – $1,767.66
• Strata – $2,137.38 per qrt
This property is zoned short stay so you can only occupy it for 90 days at a time. Great for someone wanting a great Air BnB property. Or you can rent it to the Mercure Golf Resort, and they will take a long-term lease on it so you can set and forget it! The choice is yours!
Don’t miss out on the chance to make a lucrative investment, this unit ticks all the boxes. Schedule a viewing today and experience the charm and convenience of this fantastic property!
Disclaimer: We have in preparing this document used our best endeavours to ensure the information contained is true and accurate, but accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies or misstatements contained. Interested parties should make their own enquiries to verify the information contained in this material. Licensee: Barr and Standley Pty Ltd ABN 55 651 170 731
