PRD Ashmore

11/406 Southport Nerang Rd, Ashmore, QLD

07 5597 1200

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Paradise Island Investment Opportunity

Paradise Island Investment Opportunity

Property ID: 1067470

SURFERS PARADISE 211 / 1 Paradise Island

Listing Rooms1
Listing Bathrooms1
Listing Parking1

For Sale $224,000

This 1 bedroom unit is the perfect investment with long term tenants in place paying $380pw.
Paradise Island Resort has fantastic resort facilities and is a short walk to the beach, Location, Location, Location!

FEATURES
Kitchen with breakfast bar
Open plan living area
Good size balcony approx. 7 x1.5m
Generous sized bedroom with built in's
Secure basement parking
Air Conditioning
Walk to the heart of Surfers Paradise
2nd floor unit, size approx. 54m2

RESORT FACILITIES
Lagoon style swimming pool with waterfall
Steam room
Spa
Tennis court
BBQ facilities
Games room
Gym
Pontoon

FINANCIALS
Rental Return $380pw (fixed term lease until March 2022)
Body Corp fees approx. $4650pa
GCCC rates approx. $1600pa
GCCC water approx. $1440pa

Paradise Island Resort is situated on the Nerang River overlooking the sparkling lights of Surfers Paradise and one of Australia's most famous beaches are just a few moments stroll away. Close to local shops, fine dining and cafe's, parks & light rail. This unit will not last long!

Note: Internal photos were taken prior to tenant moving in

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Open for inspection times

Suburb Profile

Median Unit Price

415000

Suburb Growth

8%
Peak Sale Month - November
Peak Sales - 12