On an 895 sqm block, this 600sqm under roof property, redefines Elegance, Style and Sophistication. Located in prestigious Solander Boulevard opposite Four Mile Beach, this offers excellent investment opportunities with good capital growth and if the rental option is your choice, the Vendor is prepared to provide a 1st year Rental Guarantee (secured by bond) of minimum 6% net return. On letting, the average rate for a house this size, in this location, the nightly tariff are approximately $750 per night + $50 per person over 4 people. Assuming therefore $850 per night x 365 = $310,250 x 40% overall holiday rental occupancy = $124,100 pa / $10,342 pm income – the house should easily pay for itself This will particularly be the case if holiday let during peak season i.e. May/June through to October/November.