42 Surf Parade, Broadbeach QLD 4218


Property Details

Sale Price: $350,000
Sale Date: 02/12/2016
Sale Type: Private Treaty

ID: 370848
Council Rates: $1,560.00
Water Rates: $1,587.00
Strata Rates: $6,708.00

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Money Spinner with out the high risk, go on holidays and let the rent roll in.

Excellent investment returns and flexibility. Get the best rent possible with this uniquely designed beachside dual let apartment.

The property is on one lot but divided into 2 unique apartments it is rented out to 2 separate tenants. Yes that's right 2 tenants and 2 rent payments, at present it is rented to long term tenants, currently 2 long term tenants paying $310 per week each, that is $620 per week in total and $32,240 per year.

The building "Savannah", 42 Surf Parade Broadbeach is located in the heart of thriving Broadbeach, only a short walking distance to the beach, Pacific fair shopping centre, gourmet cafes, Convention centre, the new light rail station and Jupiter's Casino.

Some of the features are;
* 4th floor, Sunny North aspect
* 2 bedrooms
* 2 bathrooms
* quality interior finishes
* 2 balconies
* Separate laundry
* Full furniture package
* 2 Fully equipped kitchens with appliances

The building boasts some great facilities which include; a heated outdoor pool, spa and BBQ area set in superb landscaped surrounds.

This offering represents a rare, flexible and high yielding investment opportunity in one of the fastest growing regions in Australia.

For more information or a contract of sale contact exclusive agent Dean Couper