Endless Summers at Burleigh in the Iconic Cashelmara Apartments

Offers over $1,400,000

Unit real estate, Burleigh Heads Qld

Let your ocean side holiday last forever in this stunningly original Cashelmara Classic apartment.

Located on level 6 of this boutique building the apartment offers stunning ocean and hinterland views with sweeping walls of glass in both bedrooms and expansive opening sliding doors onto your very own champagne balcony.

This intergenerational apartment has been held by the one family since the creation of our beautiful "Castle By The Sea" in January 1982. And it is pristine!

Sitting quietly making an excellent income for its owners, this apartment is now waiting patiently for you to stamp it as your own and re-imagine it into a millennial daydream. Or just keep it as it is and pocket the income. You have nothing but choice with this one!

What it has:

- 2 oversized bedrooms (1 with ensuite)
- Master has gorgeous beach views and the second bedroom has delightful hinterland views
- Full sized bathroom
- Fully equipped kitchen
- Full laundry
- Expansive living and dining room with full views of the beautiful Burleigh Beach
- Expansive wrap around north-east facing balcony that captures the beautiful afternoon sun
- Only 3 apartments per floor
- One secure under cover car park

What the Building has:
- Directly across from Burleigh Heads beach with only The Esplanade and the gorgeous Burleigh Walking track between you and the beach
- On-site heated swimming pool and outdoor spa
- On-site outdoor BBQ area
- On-site half court tennis with basketball
- On-site sauna
- Location, location, location - only a heavenly 15 minute stroll to James Street Shopping Precinct and a 10 minute stroll to North Burleigh.

If this apartment is calling to you, then it should definitely be on your inspection list!

More Information

Property Overview

Category: Unit
Details: 2 2 1
Price: Offers over $1,400,000
Area: 123m2

Property Features

Furnished
Balcony
Intercom
Spa
Tennis Court

Investment Information

Gross Return: $ 52000
_{How much does the property return in rent per year.}

Net Return: $ 30000
_{How much does the property return after all management expenses are deducted.}

Yield: 3.62%
_{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: $ 14256

Rates PA: $ 8000

Management Fee: 13.2%
_{How much is charged as a management fee.}

Cleaning Costs (PA): $ 9110
_{Some holiday properties have cleaning and linen costs to be considered. If so, the costs may be detailed above.}

Cable and Data costs (PA): $ 1221
_{Some holiday properties are required to have foxtel and internet in order to be let. If so, the costs may be detailed above.}