Description
This 2 bedroom apartment in the popular Budds Beach of Surfers Paradise is prime for an investor, with a long term tenant paying $500 per week rent, on lease until 30 May 2017.
The asking price offers a positive gearing opportunity not often seen on the Gold Coast & the apartment with 2.5m high ceilings has been gorgeously renovated, with warranties still applicable to the kitchen appliances and hot water system, which means there is nothing more to spend!
Located in an older 3 storey walk up building, right next to a vacant block of land with main road frontage, this property has huge redevelopment potential. Investors looking for a positive rental return, and the potential to reap the rewards of development, you will not come across a greater opportunity than this.
Rental Income $26,000 p.a. = $500 per week
Land Rates (investment) $1,867.10 p.a = $35.91 per week
Water Rates $1,378.48 p.a. = $26.51 per week
Body Corp $2,476.53 p.a. = $47.63 per week
To book an inspection please use the RED 'Email Agent' tab (on a desktop) or RED 'Email Agent' (on an Android) or RED 'Send' tab (iPhone or iPad) which will go directly to the person managing the property.
The asking price offers a positive gearing opportunity not often seen on the Gold Coast & the apartment with 2.5m high ceilings has been gorgeously renovated, with warranties still applicable to the kitchen appliances and hot water system, which means there is nothing more to spend!
Located in an older 3 storey walk up building, right next to a vacant block of land with main road frontage, this property has huge redevelopment potential. Investors looking for a positive rental return, and the potential to reap the rewards of development, you will not come across a greater opportunity than this.
Rental Income $26,000 p.a. = $500 per week
Land Rates (investment) $1,867.10 p.a = $35.91 per week
Water Rates $1,378.48 p.a. = $26.51 per week
Body Corp $2,476.53 p.a. = $47.63 per week
To book an inspection please use the RED 'Email Agent' tab (on a desktop) or RED 'Email Agent' (on an Android) or RED 'Send' tab (iPhone or iPad) which will go directly to the person managing the property.