THE ULTIMATE SOUTHPORT INVESTOR APARTMENT – GREAT RENTAL YIELD IN MODERN BUILDING!

An extraordinary opportunity to own what is arguably one of Southport’s best investment properties (currently rented for $630.00 per week until 3rd June 2024). This 2 bedroom, 2 bathroom apartment with 1 secure parking space is located in the exclusive award winning “Outlook” which was only completed in 2016 (investors still have plenty of depreciation to benefit from). Being positioned in the Broadwater precinct of Southport means that it has very strong tenant appeal including for those seeking a cosmopolitan lifestyle on the Gold Coast.

This apartment is east facing (“Outlook’s” favoured 02 floor plan) with spacious open plan living/dining areas leading seamlessly to a balcony that is ideal for entertaining, two good sized bedrooms (master with ensuite bathroom and study nook) and large modern kitchen with stone bench top and plenty of storage cupboards.

Principal features include:-

- 2 good sized bedrooms (master with ensuite/study nook and both with built in robes).
- 2 designer bathrooms.
- Spacious and airy open plan living/dining area leading to a private balcony.
- Large modern kitchen with stone bench top, plenty of storage cupboards and European stainless steel appliances (including dishwasher, cook top, electric oven and range hood).
- Laundry.
- Level 8 rooftop deck recreation area with stunning views of the Surfers
Paradise skyline, Broadwater and Hinterland.
- 1 secure car parking space.
- On-site management.
- Pet friendly.
- Secure building entry and intercom system.
- Located within walking distance to Australia Fair Shopping Centre, public transport (including the Gold Coast Light Rail), Chinatown, restaurants, cafes, bars and the beach/park at the beautiful Broadwater.

Income:-

- Rented until 3rd June 2024 for $630.00 per week.
- While not strictly income, as “Outlook” was only completed in 2016 there is still plenty of depreciation for investors to benefit from (subject to purchaser’s preparation of a depreciation schedule and obtaining tax advice).

Outgoings:-

- Very low Body Corporate fee of only approximately $75.00 per week.
- Council rates approximately $600.00 per quarter.
- Water approximately $290.00 per quarter.

Contact Peter Turner at Turner Mayes Real Estate on 0468 350 882 as soon as possible for further information or to arrange an inspection. This apartment will soon be sold.

Disclaimer: Turner Mayes Real Estate and the listing agent have made every reasonable effort to ensure the accuracy of all information contained above and which is provided only for the convenience of interested parties and should not be relied upon for any purposes. Neither Turner Mayes Real Estate nor the listing agent warrants or guarantees the said information’s accuracy or completeness and all parties interested in the listed property are recommended to undertake their own enquiries (including seeking appropriate legal advice) regarding the listed property. Turner Mayes Real Estate and the listing agent will not accept any liability (direct or indirect) for any injury, loss, claim, damage or any incidental or consequential damages, arising out of or in any way connected with the said information.

Features