Great Return on Investment!!!
Rare opportunity to invest in the Gold Coast tourism industry. This property presents a ground floor opportunity for a perfectly timed accommodation investment. Situated right in the heart of Surfers paradise and showing a great 20% return on investment. Netting $165K and potential to grow to much more this property is ripe for the investor. There is also $5000 plus income from some outside lettings that can be purchased for $20,000 ONO.
Sought After Location!!!
The property offers great holiday apartments that place you right in the heart of the fabulous Gold Coast.. the building is only minutes from the thrills and nightlife of Jupiters Casino and the restaurants of Surfers Paradise, also within easy reach of the major theme parks at DreamWorld & White WaterWorld, SeaWorld, MovieWorld & Wet N Wild.
Safe patrolled Gold Coast surf beaches are only 2 minutes away and the shoppers precinct at Cavill Avenue is an easy two block stroll. Shops, Restaurants, Cafeâs, Supermarkets etc start within a 2 minute walking distant from the building. Light rail stops right at the front of the building!
Popular Accommodation!!!
Very affordable tariffs, amongst the most competitive for similar Surfers Paradise accommodation.
Huge Upside Potential!!!
Forward looking and supportive BC and approved building maintenance and repainting work under way. A new look will be ready for a coming summer! A fresh face and new ideas will bring this beauty back to life.
Serious Sale!!! All documents provided.
Verification done by top industry specialist accountant, and recent Valuation Report supplied.