10/7 Illawong Street, Surfers Paradise, QLD, 4217

$210,000
Sold on 19th October 2018
  • 1 BED
  • 1 BATH
  • 1 CAR
Sold

SOLD BY ANDREW COLLEY - 0488 217 803

MANY BUYERS MISSED THIS ONE! CALL ME IF YOU ARE CONSIDERING SELLING. It’s always about location and this has it all. Perfectly placed in chic Chevron Island and within walking distance to the trendy shopping, dining and entertaining strip, with a plethora of attractive bars and cafes, on Thomas Drive. The big draw card of it all ‘Surfers Paradise’ is an easy stroll away, where you can enjoy world class beaches, shopping, dining and the famous night life.

The FIRST FLOOR apartment is currently rented to a long term tenant (4/1/2019) who is happy to remain, making it an ideal addition to your portfolio or SMSF. At $290 per week and body corp at $56.73 per week inc sinking fund This is a 6% net yield.

AIRBNB should be considered also. Please make your own enquiries but based upon $80 per night at 90% occupancy thats $26,280pa or $505 per week. A whopping 13% gross yield!

FEATURES AND BENEFITS INCLUDE :-
* 1 DOUBLE BEDROOM WITH WARDROBES
* EN SUITE SHOWER ROOM
* lIVING ROOM WITH PRIVATE BALCONY VIEWS TO SURFERS SKYLINE
* FITTED KITCHEN
* LAUNDRY CUPBOARD
* 1 ALLOCATED BASEMENT CAR PARKING SPACE BEHIND ELECTRIC SECURITY SHUTTERS

CALL ANDREW COLLEY FOR LEASE DETAILS BODY CORP INFO RATES ETC… 0488 217 803


Property Details
Property Type: Residential

Property Features
Built In Wardrobes
Balcony
Secure Parking
Swimming Pool-In Ground

Property Location