53/150 Marine Parade, Southport, QLD, 4215

SoldOct 23, 2023

53/150 Marine Parade, Southport, QLD, 4215

$360,500

53 m²

Unit

•

30+ days on the market

Sold: Oct 23, 2023

What's around 53/150 Marine Parade

Investors special one bedroom 7.5% return

Modern one bedroom apartment located in the ever popular of Blue Water Bay complex. Leased until August 2024. Earning 7.5% gross income approx and tucked away in a private position at Southport's "Blue Water Bay Resort" - this over-sized one bedroom lifestyle unit, awaits your decision. Not often available, this unit surrounded by tropical pools and gardens represents a great opportunity to secure prime Marine Parade investment real estate across the road from the Broadwater Parklands. Original unit, ripe for a quick renovation or upgrades and as an addition to a new or growing investment portfolio. Earns $24,000 + p/a gross income on permanent rental. Nothing to do but relax when you buy and settle this one. Our seller is retiring and exiting their investment portfolio with us. Featuring: * Spacious living area * Lounge opening to the balcony * Fully equipped kitchen with ample cupboards * Separate internal laundry cupboard and storage space * Two way bathroom with separate wardrobe * Resort facilities including: Lagoon style swimming pool, full sized tennis court, and gymnasium * Rental current until August 2024 is $480/week that represents a 7.5% approx gross return. Location: - Across the road to Broadwater Parklands and Southport Pool - 0.2 km to public transport along Marine Parade - 0.4 km to bus to Griffith Uni & GCU Hospital - 1 km to Australia Fair Shopping Centre - 3.7 kms to Griffith University & GCU Hospital Disclaimer: We have, in preparing this information used our best endeavors 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 vendors, purchasers & tenants should make their own enquiries to verify the information contained herein. Photos may have been digitally enhanced and may had virtual furniture added for improved online and buyer or tenant experience.