53 /
150
Marine
Parade
southport
QLD,
4215
SOLD
Sold for $360,500
1
1
1
Property: 53 sqm
Investors special one bedroom 7.5% return
Modern one bedroom apartment located in the ever popular of Blue Water Bay complex. Leased until August 2024.
Earning 7.5% gross income approx and tucked away in a private position at Southport's "Blue Water Bay Resort" - this over-sized one bedroom lifestyle unit, awaits your decision.
Not often available, this unit surrounded by tropical pools and gardens represents a great opportunity to secure prime Marine Parade investment real estate across the road from the Broadwater Parklands. Original unit, ripe for a quick renovation or upgrades and as an addition to a new or growing investment portfolio. Earns $24,000 + p/a gross income on permanent rental. Nothing to do but relax when you buy and settle this one.
Our seller is retiring and exiting their investment portfolio with us.
Featuring:
* Spacious living area
* Lounge opening to the balcony
* Fully equipped kitchen with ample cupboards
* Separate internal laundry cupboard and storage space
* Two way bathroom with separate wardrobe
* Resort facilities including: Lagoon style swimming pool, full sized tennis court, and
gymnasium
* Rental current until August 2024 is $480/week that represents a 7.5% approx gross return.
Location:
- Across the road to Broadwater Parklands and Southport Pool
- 0.2 km to public transport along Marine Parade
- 0.4 km to bus to Griffith Uni & GCU Hospital
- 1 km to Australia Fair Shopping Centre
- 3.7 kms to Griffith University & GCU Hospital
Disclaimer: We have, in preparing this information used our best endeavors to ensure that the information contained herein is true and accurate but accept no responsibility and disclaim all liability in respect of any errors, omissions, inaccuracies or misstatements that may occur. Prospective vendors, purchasers & tenants should make their own enquiries to verify the information contained herein. Photos may have been digitally enhanced and may had virtual furniture added for improved online and buyer or tenant experience.
Agents
Nearby Schools
About southport
median house price
585750suburb growth
10.7%median house rent
650suburb rental yield
5.8%Similar Properties
Source: Suburb Flyover Report Series, APM Pricefinder. PRD does not give any warranty in relation to the accuracy of the information contained in this report. If you intend to rely upon the information contained herein, you must take note that the Information, figures and projections have been provided by various sources and have not been verified by us. We have no belief one way or the other in relation to the accuracy of such information, figures and projections. PRD will not be liable for any loss or damage resulting from any statement, figure, calculation or any other information that you rely upon that is contained in the material. Prepared by PRD Research © All medians and volumes are calculated by PRD Research. Use with written permission only. All other responsibilities disclaimed.
