This is an outstanding opportunity to secure a solid investment in the highly popular Palm Beach, just 150* meters to the beach and 2.2*km to Burleigh Heads famed James Street's cafs and restaurants. The 6 units are non strata titled so just 1 set of rates.
Palm Beach's median house price has grown 25.6% since 2014. With Sunland's Magnoli Residences selling well and luxury beachfront developments such as La Vie, there is clear evidence Palm Beach is finally getting the recognition it deserves as one of the Gold Coast's best beachfront suburbs.
Currently netting $72,125 (rent increases due on next lease renewal which will add to this), 6 Tallebudgera Drive provides a solid return and is currently managed by a sustainable housing solutions provider, guaranteeing 52 weeks rent per year (no loss of income while untenanted) paid monthly into your account. They charge no commission for their services so this really is stress free.
An Information Memorandum is available upon request.
- Netting $72,125 p.a., strong capital growth
- Perfect for Self Managed Super Fund or investment
- 549m2 land, corner block
- Solid brick, suspended slab & tile construction
- 4x1 bedroom 2x2 bedroom + care taker unit (not in use)
- Beach 150m* James St Burleigh Heads 2.2km*, Gold Coast International Airport 11.3km*, Tallebudgera Creek swimming spot 400m*, Robina Town Centre 9.2km*, Bus Stops 50m*
*Google Maps
