Low maintenance ground floor unit situated in the "El Madrid" complex. Prime development area, amalgamated keys sites, long term hold to reap the rewards. Property Features: - 2 bedrooms with built in robes and fans- 1 bathroom with laundry included - Open plan living area with air-conditioning - Well appointed kitchen with ample storage space - Floor boards and tiles throughout - Private enclosed courtyard - Boutique complex of only 5 units - Communal garden area - 1 designated car port - Body corporate fees - $54.23 per week - Southport CBD - 2km approx. - Australia Fair - 2.1km approx.- One block from the Broadwater and the Grand Hotel - Local restaurants and cafes within walking distance - Public transport at your doorstep - Currently leased at $325.00 per week, periodic tenancyThe complex is set on on a 946m2 block, endless possibilities