24/654 Esplanade, Urangan, Qld 4655

Investor will buy

$317,000

Description

Seashells on Urangan lies 80 metres from the small, secluded beach at the quiet end of Hervey Bay. The beach is leash free for dogs from 3pm till 8am. At high tide it is a safe swimming beach and at low tide the yabby pumpers easily find what they need. A beautiful, cool park with large mature shady trees is a stones throw away adjoining the beach.
The complex is securely gated with an on site management team who take pride in presenting the complex the best it can be.
All apartments in Seashells feature 3 generous bedrooms and 2.5 bathrooms.
Interior carpet and paint are in good condition considering they are the original which means 2006. The garage is about 1.5 cars long so room for a workshop or storage plus the vehicle. There is nothing for a new owner to do but at some stage (perhaps between tenants) new carpet and fresh interior paint would be a good thing to do. That would cost $6-7000 all up.
Apartment 24 has a tenant, a mature lady who has a 6 month lease at $340 per week which runs to mid September . Current rentals in the complex are $380 and that would be readily achievable where the expenditure estimated above undertaken.
A BBQ for the use of residents is sited by the well utilized, palm fringed pool.
Completed around 2006 the buildings are maintained to a high level and a regular painting contract means there is no nasty surprise when that job comes around.
Body Corp fees/levies and Council rates add to about $8500 pa. You are left to do your own sums at an asking price of $322,500.
You will know that apartments of this quality are all but non existent on the market in Hervey Bay particularly at this price.
** Generic photo's due to being tenanted **

Looking to Sell Your Own Property?

In Australia, there is no requirement to use a real estate agent to sell a property. Selling yourself is legal and does not require any specific license.

By selling yourself, you can save a significant amount of money on agency commissions.

To learn more, please visit: Buymyplace