Positioned on the 5th floor of the popular Mantra on View Hotel, Apartment 516 presents an outstanding opportunity to secure an affordable entry-level investment in one of the Gold Coast's most sought-after tourist destinations. Fully furnished and ready to generate income, this well-appointed studio offers comfortable accommodation for holidaymakers and business travellers alike. With a private balcony overlooking the surrounding cityscape, the apartment is just moments from the beach, restaurants, cafés, shopping and the vibrant entertainment precinct of Surfers Paradise.
Whether you choose to self-manage, utilise short-term accommodation platforms, or place the apartment in the onsite letting pool, this is a low-maintenance investment with flexible management options.
Property Features:
1 Studio Bedroom, 1 Bathroom & 1 Balcony
Fully furnished
Air-conditioned for year-round comfort
Modern bathroom
5th floor
Prime Surfers Paradise location with shops, cafés, and nightlife within walking distance
Paid Car Parking Available
Short-Stay Use Only - Not for Permanent Residency
Holiday let, Airbnb, self-manage or onsite management options available
Returns over $46,880 last financial year
Body Corporate is about $135 per week
Council Rates are about $102 per week
Water Rates are about $35 per week
Mantra guests can enjoy access to the building's 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.
