The owner is so confident of the income that he is offering a guaranteed net return of 6% for an entire year!! In a market where many investors consider 3-4% to be a fair return on their money, this apartment stands right out. I bet your bank won’t be able to match that.
Occupying a beautiful corner position in this recently refurbished building, this rare two bedroom dual key apartment also boasts a convenient beachside location between Surfers Paradise and Broadbeach.
The property is fully furnished, right down to the cutlery, and consists of two very generous studio apartments joined by a common door. The larger, corner studio also boasts an additional glass atrium, kitchen and laundry facilities. Both studios come complete with an entire wall of cupboards and hanging space as well as a wide, east-facing balcony and beautifully finished marble bathrooms.
As part of the refurbishment, a kitchen has been added to the larger of the two studios, boasting stone benches, high quality stainless steel oven, dishwasher, microwave, cooktop and rangehood.
The Gold Tower apartments have access to all the hotel facilities,
including:
- Multiple outdoor pools
- Sauna
- Restaurants, including Queesnland’s only revolving restaurant
- Gaming lounge
- Gymnasium
- Shops, and all the services you would expect from a hotel of this caliber.
From a returns perspective, Crowne Plaza makes an excellent investment – but returns are not the only strength in this development. Located on the Gold Coast Highway between the hubs of Broadbeach and Surfers Paradise, Crowne Plaza is in a prime position. 5 minutes walk to the beach, and walking distance to shops, restaurants and public transport. Combine this position with the onsite conference facilities, and it ensures that vacancy rates remain low and returns high. It also ensures that you are well positioned to enjoy the future capital growth predicted for beachside property on the Gold Coast.
This property makes the most of what the Gold Coast has to offer. Whether you live in it, or just stay occasionally, you will appreciate the great location and enjoy the short walk to the golden sands of the beach. You will also love the convenience of being able to enjoy Broadbeach’s sumptuous cafe strip, Convention Centre and Jupiter’s Casino or the nightlife, shopping and many attractions of Surfer’s Paradise within 5 minute’s drive.
Priced at under $400,000 and offering a guaranteed 6% net return, you can’t afford to pass up this fantastic opportunity!
The Sustainability Declaration for this property can be obtained by contacting the Agent