61/132-138 Ferny Avenue, Surfers Paradise, QLD, 4217

SoldMay 18, 2025

61/132-138 Ferny Avenue, Surfers Paradise, QLD, 4217

$475,000

Unit

•

30+ days on the market

Sold: May 18, 2025

What's around 61/132-138 Ferny Avenue

7.6% Rental Yield - Renovated & Fully Furnished Apartment!

Welcome Home - to this fully furnished 1-bedroom, 1-bathroom unit, primely located in a beautiful resort just moments from the beach & the heart of Surfers Paradise. The Sovereign on the Gold Coast resort is a renovated, well-run, stunning resort with all the amenities you need for leisure & lifestyle. You'll love the massive pool, large hot spa, sauna & gymnasium. The amenities are fresh and welcoming, and there's a delicious restaurant by the pool for breakfast, lunch & dinner! It's just a short, direct walk to Surfers Paradise beach which can be seen from the balcony of your apartment, and a 3 minute walk to the Tram stop with only 2 stops into Cavill Avenue! FOR THE INVESTOR: Currently Rented for $700/week until November 2025. Council Rates: $1,006/quarter Body Corporate (including electricity): $2,107/quarter Water: $411/quarter To absolutely maximise your return on this investment, many owners enjoy the lucrative income from Holiday-Letting or Airbnb with high-demand & low vacancies in this complex! Enjoy happy returns for years to come.. Being SOLD Fully Furnished, jam-packed with value to ensure high-returns for years to come, your new property will include: - a 5-seat lounge set & coffee tables - high-end dining table & 4 dining chairs - boucle queen bed with bedside tables & lamps - a fridge/freezer - kitchen utensils, cutlery, crockery - 2-burner countertop electric cooker - 9-in-1 multicooker - dishwasher - washer/dryer combo - 5-tier book shelf - TV & cabinet - 5-piece outdoor table setting; and - reverse-cycle air conditioning **Please Note: As these apartments are part of a resort, this unit is not accepted as a security type by most lenders - please speak with your mortgage broker or lender to ensure this property is financeable for you** You'll love the space, peace & quiet, with glimpses of the ocean from the balcony. A beautiful spot for winding down of an evening or hosting friends on the weekends! Don't miss out on the opportunity to experience coastal living at its finest! Call Caiti today organise a viewing and secure your slice of Paradise. Information contained on any marketing material, website or other portal should not be relied upon and you should make your own enquiries and seek your own independent advice with respect to any property advertised or the information about the property.