1/41 Watson Esplanade, Surfers Paradise QLD 4217

With gross rental yields approaching 8% and net yields around 5% this positive cashflow investment also has future re-development potential. A two bedroom unit that has been converted into two studio apartments maximises your rental return and the property is currently bringing in $505pw in total.
There are 10 units in the complex which is on over 800sqm of land on a corner block. A short stroll and you are in the heart of Surfers Paradise so the location is outstanding as you also have easy access to main river a mere 100m to the west. This area will be developed and you can cash in on it with this wise investment.

The owners want this unit sold so contact the agent now for further information.