Broadbeach 1 bedroom unit offering exceptional value to astute buyer
Exceptional value on the Broadbeach side of Surfers Paradise which exceeds all the requirements of an astute purchaser. The small block is located on the important east side of the highway on a street with unrestricted parking. Being one of nine the body corporate levies are a reasonable $65.00 (per week appx ) with a healthy sinking fund. Whilst there is street parking there is also a secure underground car park and a storage cage for boards, bikes, golf clubs and all the rest of the Surfers lifestyle requirements. The building has a security access system operated from within the unit and there is internal access to the carpark. There is a secluded pool and sundeck area in the low maintenance gardens and grounds. It is a short 140 mtrs to the beach and about the same to the light rail.
• One bedroom
• Open plan living opening to a usable balcony with ocean glimpses
• Plenty of storage.
• Secure parking
• In ground private pool
Current rent is $340 per week
Lease expires on 11th March 2021
The tenant has expressed an interest in renewing the lease.
Current rent: $340 per week
Levies: $3,400 per annum
Council rates: $1,889 per annum
Water rates: $1,149 per annum
GAR: 6.80% (appx)
Nett: 4.32% (appx)
Asset Management Property Group have responsibly enforced a Covid 19 policy including social distancing, restricting unnecessary personal contact & the use of hand sanitizers etc. With this in mind we are happy to organise private inspections of the property. Let us know and we will arrange a time suitable to all parties. We are also equally happy to facilitate facetime inspections.