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SoldNov 15, 2017

213/140 Ferny Ave, Surfers Paradise, QLD, 4217

Amount undisclosed

1
1

Apartment

•

30+ days on the market

Sold: Nov 15, 2017

What's around 213/140 Ferny Ave

The Lowest Priced Unit in Surfers Paradise

This large one bedroom unit is 80m2 and is on the 2nd floor of the north building of Alpha Sovereign Hotel. It is air conditioned and fully furnished. - The lease with the on site managers has approximately 5 years remaining where the income only pays for the outgoings and there's no net return. - The unit can only ever be holiday let - The hotel facilities include a large swimming pool and a restaurant. - The building is located close to the light rail, beach, and CBD. The Owners can stay in the unit for 10 days per year at a discounted rate.

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