Level 9/909/70 Remembrance Drive, SURFERS PARADISE
overview
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25P1410
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Apartment
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Sold
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67 sqm
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1
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2
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1
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$2,038.00 Per Year
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$1,636.44 Per Year
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$5,604.72 Per Year
external links
Description
Sensational Ocean & Riverview 2 Bedroom with long term tenant
Unit 909 Surfers Plaza Resort is a fantastic investment opportunity, featuring a regular sized bedroom, a converted second bedroom, a bathroom and a fully equipped kitchen. This apartment is also furnished and is suitable for holiday letting (23k - 28k return).
River, Ocean, city and Hinterland views, the apartment has it all! With the floor to ceiling windows in all the bedrooms, residents of this unit can enjoy a prementent view of the Nerang River (never be built-out) overlooking the iconic Q1 building as well as a good sight of the ocean.
Located in the quiet part of Surfers Paradise, you will be isolated from the hustle and bustle of the city lifestyle, while being only minutes away from whatever activities your heart desires, from the world famous beach and the luxury shopping at the Pacific Fair.
Proximity:
Within the complex - Evaiya Spa (Massage), Outdoor Swimming Pool, Indoor Sauna, BBQ area
1 min walk to Bus stops
2 min walk to The 4127 Market and Dining precinct
5 min walk to Woolworth
5 min walk to Cavill Avenue G:Link Station
7 min walk to Beach
8 mins drive to Pacific Fair, The Star Casino
8 mins drive to Seaworld & The Spit
30 mins drive to Gold Coast Airport
With the property being occupied by a long-term tenant (3-year lease ending in next September), investors can enjoy a stable stream of income (approx. 6.9% Gross) while benefiting from the exponential growth of the Gold Coast property market.
Rents & Fees:
Current rent: $440 per week then $450 per week from September
Gross Return: 6.95%
Council Rates: Approx. $2,038 p.a
Water Rates: $1,636 p.a
Body Corporate: $7,071 p.a
Holiday Rental Estimate: $23k - $28k (after management fee)
ABOUT SURFERS PARADISE
Median unit price change last 12 months: 10.67%
Median rental yield: 5.1%
Disclaimer:
The information and material contained is presented as general property information only. Information is believed to be true and correct but no warranty or guarantees are accepted by the agency, the employees, representatives or the vendors for the content.
All prospective buyers should carry out their own enquiries to verify information is accurate. It is also recommended that buyers do their own due diligence, obtaining their own financial advice and engage a solicitor for any legal advice for their own peace of mind.
River, Ocean, city and Hinterland views, the apartment has it all! With the floor to ceiling windows in all the bedrooms, residents of this unit can enjoy a prementent view of the Nerang River (never be built-out) overlooking the iconic Q1 building as well as a good sight of the ocean.
Located in the quiet part of Surfers Paradise, you will be isolated from the hustle and bustle of the city lifestyle, while being only minutes away from whatever activities your heart desires, from the world famous beach and the luxury shopping at the Pacific Fair.
Proximity:
Within the complex - Evaiya Spa (Massage), Outdoor Swimming Pool, Indoor Sauna, BBQ area
1 min walk to Bus stops
2 min walk to The 4127 Market and Dining precinct
5 min walk to Woolworth
5 min walk to Cavill Avenue G:Link Station
7 min walk to Beach
8 mins drive to Pacific Fair, The Star Casino
8 mins drive to Seaworld & The Spit
30 mins drive to Gold Coast Airport
With the property being occupied by a long-term tenant (3-year lease ending in next September), investors can enjoy a stable stream of income (approx. 6.9% Gross) while benefiting from the exponential growth of the Gold Coast property market.
Rents & Fees:
Current rent: $440 per week then $450 per week from September
Gross Return: 6.95%
Council Rates: Approx. $2,038 p.a
Water Rates: $1,636 p.a
Body Corporate: $7,071 p.a
Holiday Rental Estimate: $23k - $28k (after management fee)
ABOUT SURFERS PARADISE
Median unit price change last 12 months: 10.67%
Median rental yield: 5.1%
Disclaimer:
The information and material contained is presented as general property information only. Information is believed to be true and correct but no warranty or guarantees are accepted by the agency, the employees, representatives or the vendors for the content.
All prospective buyers should carry out their own enquiries to verify information is accurate. It is also recommended that buyers do their own due diligence, obtaining their own financial advice and engage a solicitor for any legal advice for their own peace of mind.
Features
- Air Conditioning
- Alarm System
- Balcony
- Broadband
- Built-ins
- Pet Friendly
- Tennis Court
- Area Views
- City Views
- Close to Schools
- Close to Shops
- Lift Installed
- Ocean Views
- Open Spaces
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