The Anchorage is one of the original residential buildings on the Budds Beach riverfront: 31 apartments across 15 levels, two per floor, set on a quiet cul-de-sac beside the main river. Buildings like this rarely trade. When an apartment here comes to market, it tends to move quickly.
Apartment 22 offers the building's two bedroom, two bathroom floor plan across 110 square metres, a genuine house-sized footprint that most modern two bedroom stock cannot match. The apartment is presented in very good condition and takes in river views over the Budds Beach reach of the Nerang River.
The living area opens to the balcony and the river outlook, the main bedroom is serviced by an ensuite, and both bedrooms are fitted with built-in wardrobes. Intercom entry and a single secure car space in the basement complete the picture.
Residents share landscaped grounds, a resort-style pool and a visitors' boat jetty on the main river. Bumbles Cafe and the Budds Beach parkland are at the end of the street, the patrolled surf beach is around 400 metres away, and central Surfers Paradise is a flat walk. Budds Beach offers something unusual for an inner Surfers address: quiet.
The apartment is tenanted at $880 per week until late January 2027, returning $45,760 per annum, a gross yield in the order of five per cent at the guide. For investors it is a genuine walk-in investment: furniture, tenant and income all in place from day one. For owner occupiers and downsizers, the timing works too: secure it now and move in from late January, with the rent covering your holding costs in between. Sold furnished or unfurnished, buyer's choice.
Highlights
- 110 m² of internal living, larger than most modern two bedroom apartments
- River views, presented in very good condition
- Two bedrooms, both with built-in wardrobes, main with ensuite
- Two bathrooms, single secure basement car space, intercom entry
- The Anchorage: 31 apartments, two per floor, quiet cul-de-sac
- Main river frontage with visitors' boat jetty
- In-ground pool and landscaped grounds
- Tenanted at $880 per week ($45,760 pa) to late January 2027
- Sold furnished or unfurnished, buyer's choice
- 400 m to the beach, walk to central Surfers Paradise
- Budds Beach village pocket, Bumbles Cafe and riverfront parkland
Inspect at the advertised open homes or by appointment with Edward Smyth, Smyth RE, 0451 125 809.
Please note: the photographs are from when the property was previously listed. New photography has not been taken out of respect for the current tenancy. The furniture remains the same and the general look and fixtures of the apartment are unchanged. The majority of furniture shown is included in the sale, however some pieces may have changed or been removed since the images were taken. A full list of inclusions is available on request.
Disclaimer: The information contained in this advertisement - including but not limited to descriptions, floor plan measurements, photographs, rent returns, outgoings, and projected yields - has been supplied to Smyth Real Estate by the seller and other third parties. While every care is taken to verify and present it accurately, Smyth Real Estate, its agents, and employees make no guarantee, representation, or warranty (express or implied) as to its correctness, currency, or completeness.
