Rent out or live in.
If you rent out on today’s interest rate this property is positive geared from the outset.
Estimated rental is $400 a week plus. When you take into account the low interest rates and low body corp, the weekly rent is higher meaning new profit from day one.
If you want to take the home option this is a large 2 bedroom unit which is located a short drive to Tugun Village and Tugun Beach. It is situated at the end of a cul-de-sac, is elevated on a high floor with breezes and is surrounded by a conservation reserve with plenty of walking tracks to explore.
This is a great opportunity for the first home buyer or entry level investor. This particular unit is very different to other units in the street. The bedrooms are a good size that have a lovely outlook to the gardens and are very quiet and private.
This unit is one of the largest in the area at 111m2 giving you plenty of room. It is situated on the 2nd floor but you feel like you’re on the top floor which also gives you that extra security. This unit does not back onto the M1 like many do in the area. The generous private balcony is adjacent to the large open living area and kitchen.
It has a single lock up garage and the complex is very secure. It is also located a short walk to a regularly serviced bus stop.
Features:
– 2 bedroom
– 2nd Floor
– Large Open Plan Living Areas
– Security
– 2 car spaces (single lock up)
– Storage Room
– Approx 3km to the beach, cafes and shops
– Public Transport at the end of the street.
Built in 1980
Unit Size: 111m2
Body Corp: $46.30 per week
Rates and Water approx $2000 a year
Rental Appraisal $400 to $420 per week.
By all accounts the majority of industry experts are predicting Tugun to continue to boom.
The lifestyle in this area is still very much “Old Gold Coast”, which was offered in the past further north before the high rises took over.
It’s all about lifestyle. You can wake up in the morning, have a walk along the beach and grab a coffee on the way home and still get the kids to school or go to work.
This property is situated within close distance to John Flynn Private Hospital, Gold Coast International Airport, Currumbin Wildlife Sanctuary and Tugun and Currumbin beaches & Currumbin Creek. It provides an enviable lifestyle that many aspire to.
An inspection will not disappoint.
