653

Management Rights
For Sale

Motels / Hotels
For Sale

Caravan Parks
For Sale

813

Investment Property
For Sale

UNDER CONTRACT - Beautiful 3 Bedroom Apartment in Fantastic Location

UNDER CONTRACT - $960,000

Apartment real estate, Benowa QLD

3 bedroom, 2 bathroom Apartment overlooking the idyllic Marina within the acclaimed Royal Pines Golf Resort

Marina Residences is located within the RACV Resort Grounds and on the banks of the Nerang River across from Metricon Stadium.

The apartment features are:
* 3 large bedrooms, 2 bathrooms. Ensuite has 2 basins and a large bath
* Bold kitchen with stainless steel appliances, integrated fridge/freezer, ample bench tops, gas cooktop and electric oven. Dishwasher also included.
* Stone benchtops in kitchen
* Fully ducted reverse cycle air conditioning all rooms
* Stunning travertine floors throughout kitchen, bathrooms and laundry
* Plush carpets in living areas and bedrooms
* Residents riverside pool, entertaining & BBQ area + community garden
* Secure basement parking for 2 vehicles
* Location, location, location!

This highly-desirable apartment is located within the Royal Pines Marina Precinct which is being redeveloped to include dining and leisure options such as the Double Barrel Restaurant. At your doorstep is world class golf at the Royal Pines Golf Course, Metricon Stadium, the Nerang River, shopping at Benowa Village, Benowa Gardens, Pacific Fair. It is also close to top schools and universities, Surfers Paradise, the Gold Coast and Brisbane Airports.

The residential building has on-site Management and is for permanent residents only.

Please phone agent to arrange an inspection on number provided.

This unit is currently tenanted so is suited to an investor, however, the tenant is prepared to vacate the property prior to lease end.

The apartment is UNFURNISHED. Photographs depicted of the unit are typical only and with staged furniture.

More Information

Property Overview

Category: Apartment
Details: 3 2 2
Price: UNDER CONTRACT - $960,000
Area: 125m2

Property Features

Intercom
Air Conditioned

Investment Information

Gross Return: $ 5200
_{How much does the property return in rent per year.}

Net Return: $ 52000
_{How much does the property return after all management expenses are deducted.}

Yield: 0.54%
_{The percentage of the Asking Price that the property delivers in Gross Return each year.}

Guaranteed Return (PA): $ (not disclosed)
_{Some managers offer a guaranteed rental return. If applicable, this will be detailed above.}

Body Corporate Costs: $ 9900

Rates PA: $ 3200

Management Fee: 7.5%
_{How much is charged as a management fee.}

Cleaning Costs (PA): $ (not disclosed)
_{Some holiday properties have cleaning and linen costs to be considered. If so, the costs may be detailed above.}

Cable and Data costs (PA): $ (not disclosed)
_{Some holiday properties are required to have foxtel and internet in order to be let. If so, the costs may be detailed above.}