Exquisite 119sqm apartment in boutique complex
Ideal property for 1st Home Buyers or exceptional investment opportunity for the discerning property investor with a net ROI of 5% approximately
This spacious one-bedroom apartment expands over a massive 119sqm and is located in a delightful sandstone complex which is only an 8 minute walk (1200m) to the Southport Broadwater.
Currently owner occupied, so the property is ready to move straight in vacant possession or rent out in flourishing rental market.
Home Features:
* Exceptionally large apartment with entertainment courtyard
• Ground floor position on George Street side of the complex
• Enormous king-sized Bedroom, Ensuite and Built-in Robes
• Spacious living and dining area flowing effortlessly out to the alfresco area
• Open plan kitchen overlooking the living areas with ample storage, stone benchtops and all modern appliances
• Separate built-in laundry includes a washing machine and dryer
• Split system and Reverse cycle air conditioning
• Secure underground carparking
• Common area entertainment area and BBQ facility at front of the complex
• Rental Appraisal $550 to $600 per week approx.
* Pet friendly complex
* FIRST HOME CONCESSION FOR TRANSFER DUTY
( https://qro.qld.gov.au/duties/transfer-duty/concessions/homes/first-home/ )
Location Features:
• Smith Street M1 Access 260m
• Broadwater 1200m
• Queen Street Village Shops 1000m
• Deluxe IGA (Jones & Co Grocer) 1000m
• G-Link 1000m
• Dendy Cinemas 1000m
• St Hildas 800m
• Southport State High School 1400m
• Gold Coast Aquatic Centre 1200m
• Australia Fair Shopping Centre
• Woolworths Smith Collective 2200m
• Gold Coast Private Hospital 3000m
• Gold Coast University Hospital 3200m
• Griffith University 3200m
Financials:
Net ROI of 5% approximately
Gold Coast Council Rates: Approx. $ 1,957.92 p.a.
Gold Coast Council Water Rates: Approx. $ 1,114.44 p.a.
Body Corporate Fees: Approx. $4,181.60 p.a.
Contact exclusive listing agent Michael Gambaro for all enquiries on 0450 822 001