Wow this 8th floor 1 bedroom investment only unit with ocean views and a large and spacious open plan living is the perfect set and forget investment.

All apartments in this building cannot be lived in or permanently rented they must be holiday let by on-site management until current lease expires in approx 2022.

Apartment : 807
Beach: Approx 200m
Bedrooms: 1
Bathrooms: 1
Car space: 0
Floor height: 8th
Aspect: East / South
Size: 83sqm approx
Views: Ocean and Surfers city skyline
Furnished: Yes
Air Conditioned: Yes
Facilities: Resort
Gross Income: 1st July 2012- 30th June 2013 $23,526
Expenses:$6,077
Refurbishment fee:$471
Management Fees:$12,485
Body Corporate: $4,869
Council Rates/Water Rates: $2,485

Please note that there is currently a lease agreement in place for approximately 8 more years, meaning that you can’t live in, privately rent out the property and durning this period while under the leaseback, the apartment must be managed by the onsite managers.

Email us today for your full information “Facts Pack” also a copy of the contract with all leases and agreements can be emailed to you please ask for this in your enquiry.