What an amazing opportunity for the astute investor! This large 88m2 (internal) modern one bedroom apartment is achieving an impressive 6.8% return!
This is no fluke. The property is located in the very popular and pet friendly ‘Çaribbean Apartments’ where you or your tenants can enjoy resort style living every day of the week. Relax in the heated pool or enjoy a game of tennis on the floodlit full-size court.
The complex has zero vacancies with the majority of tenants remaining in the building for many years.
It is located directly opposite the very popular Mykies By The Bay and the Green Zebra Restaurant at Double Bay Beach as well as a park and kilometres of pathways stretching around the waterways.
All apartments are generously proportioned and cleverly configured. Not only does this apartment feature a 17m2 balcony it also includes a 7m2 internal porch area that provides additional storage for a bike or to air dry laundry which as you know is not always possible in most apartment complexes thereby avoiding the necessity (and cost) of relying on a clothes dryer.
Features include:
– Spacious bedroom and bathroom;
– Modern kitchen with stainless steel appliances and granite benchtop;
– Huge private balcony, perfect for entertaining;
– Split system air-conditioner in the bedroom and living room
– Storage cage
– Security basement car space with lift access;
– Expansive gardens and resort style facilities including heated lap pool and tennis court;
– Pet friendly;
– Security complex with intercom and camera surveillance;
– Prime location being less than 5km to Sunshine Coast University Hospital and Kawana Shopping Centre;
If you are looking for a solid investment, this apartment has an excellent long-term tenant who is currently paying $350 per week and who would love the opportunity to remain in the property.
Don’t miss out on this wonderful apartment. Call Colin to arrange an inspection.
