This modern ground floor large one bed room apartment is in a quiet and private complex at a cul de sac.
If generous space in apartment living is important then this is your ideal home.
This one bed apartment has a huge total area of 77m2, comprising a large bedroom with access to a huge covered balcony ; a living and dining room; a family room which could be used as a media room or small office; a secured car park and an external storage cage.
The apartment has plenty of cupboard and pantry spaces.
All windows and sliding doors have security locks, security screens and modern pull down blinds.
Also extremely spacious are : BBQ and entertainment areas , swimming pool . cafe and restaurant and the fully equipped gymnasium.
Location: Bundall is situated in the centre of the Gold Coast , hence easy access to the major destinations on the Gold Coast without the worry of traffic.
* 5 mins drive to Surfers Paradise
* 7 mins drive to Southport Park Shopping Centre ( Woolworths , Post Office, etc)
* 8 mins drive to Coles Benowa
* Bellevue Park State School ( 5mins drive), St Kevin's Catholic College ( 6 mins drive), Benowa State High School ( 7 mins drive)
* Surrounded by the Gold Coast Turf Club and the new Gold Coast Arts & Cultural Precinct
* Short walk to Chevron Island and Bundall business district
Brief property info :
* Low rise building 3 levels , 6 years old, 68 units
* 1 bedroom, 1 family/ media/ study, 1 bathroom , 1 carpark, 1 storage cage
* Apartment size including balcony : 77m2
* Tiled floors in living areas, carpets in bedrooms
* Split aircon in living area and bedroom
* Plenty of cupboard and pantry spaces
* Electric cooktop and oven
* Electric hot water
* Modern Pull down blinds
* Down lights
* Intercom security
* Aircon in living areas and bedroom
* Window / balcony sliding door locks and security screens throughout
* Huge bedroom with mirror sliding wardrobe
* Dryer
* Laundry tub
* Huge vanity with huge wall mirror
* Dish washer
* Covered balcony
* Pet friendly ( on application)
* secured car park with cage storage
* Swimming Pool
* Fully equipped gymnasium
* BBQ and gazebos
* Cafe
Brief Tenancy, rates, levy info:
Lease . the current lease is on month to month basis at $480 unfurnished a week.
The market rent is appraised at $500 a week unfurnished.
Gold Coast City Council Rates : $2,248.46 per year
Body corp levy ( includes admin, sinking fund and insurance
: Discounted at 20% for payments within 30 days : $3,875.63 a year ( or $74 a week). Note : Gross $4,844.54 a year.
: Special sinking fund : Balance of $2,612.50 gross or $2,090 net after discount ( pay within 30 days) . Note : the amount of $10,450 was due on the Special Sinking Fund, the amount of $7,837.50 was paid leaving as balance of $2,612.50.
Sinking fund balance at 5/9/22 $595,183.68
Also suits the Investor who requires a return of around 6% per annum.
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