503/9 Hamilton Ave, Surfers Paradise, QLD, 4217

SoldOct 17, 2017

503/9 Hamilton Ave, Surfers Paradise, QLD, 4217

$373,000

Apartment

•

30+ days on the market

Sold: Oct 17, 2017

What's around 503/9 Hamilton Ave

Urgent Q1 Sale Massive returns - Perfect investment

This is the opportunity you’ve been waiting for. Apartment 503 Q1 is a spacious 84m2, 1 bedroom, 1-bathroom apartment boasting a North-East aspect with desirable Surfers Skyline and Ocean views. Looking for the ultimate performing investment? Apartment 503 Q1 has been an extremely successful business through “AirBNB” for the current seller and due to purchasing elsewhere has decided to pass this onto a lucky new buyer who can either continue with these very strong returns, rent out with another company, keep vacant as a private holiday home or reside permanently, the choice is yours with no restrictions. The seller received $40,893 ($786.40/week) for the 2016 Calendar year which for a 1-bedroom apartment is spectacular. Outgoings per annum: Body corporate and insurance is roughly $4,474.48 Gold Coast City Council rates are roughly $3,020.50 “As investment” Water and Sewerage is roughly $1,528.32 EBM insurance is roughly $330 Total outgoings: $9,353.30 Based on the current investment model the seller returned over $30,000* net for the 2016 calendar year which is close to an 8%* return on the asking price and possibly the best you will find on the Gold Coast for a luxury 1 bedroom apartment. Q1 Building Facilities: Concierge/Tour Booking Desk. Residents Club, Function Rooms and Conference facilities. In-house Cinema/Movie Lounge. Two Outdoor Swimming Pools/Lagoons. One Indoor Heated Pool. Indoor Spa. Indoor Steam Rooms and Saunas. Fully Equipped Gymnasium. Games Room. Famous Longboards Café and Pool Bar. Onsite Management. Full Security. Pet Friendly. Retail Area with convenience store. Minutes' walk to flagged swimming beach. Minutes' walk to Surfers Paradise with shopping, restaurants and more. Under instructions for all offers to be submitted as this apartment must be sold. 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. * denotes approximate measurements