This four year old apartment block is fully tenanted and consists of nine 2 bedroom apartments and two 3 bedroom apartments.
• $197,000pa gross rental return
• High occupancy rates
• Currently on One title
• Ready to strata title for resale
• Completed late 2011
• Low maintenance no lift no pool
Council rates - $5,600 pa
Water Rates - $2,500 pa
Insurance - $6,000 pa
Maintenance - $1,000 pa
Centrally located complex only minutes to Tweeds two major shopping centres, Tweed hospital, Southern Cross universities, local schools, world famous beaches and Gold Coast international airport.
Developer wants to move onto the next project part trade would be considered.