This great 1-bedroom apartment is located on the middle floor of a 3 story walk up resort style apartment complex with a Northeast aspect located in the front building to the side of the complex of the main road, close to the centre of Southport hub and shopping centres and trams is returning a very solid $360 p/w income on a long-term lease plus extra option on lease to secure your investment.
Body corp. fees approx. $76,00 p/w
Rates and water approx. $69.00 p/w
Rent $360 p/w
Purchase price Offers over $340,000
Gross yield 5.50%
Property description:
* First floor 1-bedroom unit facing north east (Building has underground car park then ground floor, First floor and third floor)
* Bedroom fit with ceiling fans and with mirrored built-ins
* 2 toilets (main bathroom plus laundry)
* Split system reverse cycle air conditioning to living/dining area
* Carpeted open plan living and dining areas
* Modern kitchen with stainless steel dishwasher, range hood and electric cook top, large pantry, overhead cupboards.
* Functional laundry with clothes dryer, and toilet
* Spacious covered balcony
* Wired for Foxtel point and broadband internet ready,
* Fly screens to windows
* Entry gate and intercom system
* Secured underground car park for 1 vehicle
* Security gated complex with large community entertainment areas with two Stainless steel gas BBQ's, toilets plus two in ground pools, spa and sauna.
* Walk to Bus, light rail, schools and shops for tenant's convenience
* Great onsite managers to protect and grow your investment
* Built around late 2004.
This is a must for your investment portfolio with a prime location and excellent presentation to complex, making this a must to act now.
* Please note all gross yields and return details are approximate and are based on the asking price only (not the sale price), the gross return also does not include any tax credits or deductions the purchaser may be entitled to, and is based on information provided by a number of sources. This information is provided as a guide only and is based on figures provided to Onsite property and whilst this has been prepared in good faith and with due care, no liability for negligence is otherwise assumed by Onsite property, its principal's, agents or servants. Please conduct your own investigations into the subject property to satisfy yourself with the matters concerning the property.
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