12 Cocos EBL, Hamilton Island QLD 4803

Here is an excellent opportunity to buy into the tightly held Hamilton Island permanently let accommodation precinct.

This one bedroom, one bathroom property is presently let to an excellent tenant who cares for the apartment as if it were their own. Neatly furnished with pieces that are designed to make the most of the living areas, this apartment has the added bonus of water views which are highly sought after.

Being a permanently let apartment, the tenant pays the utilities, resulting in the property generating income of $350 per week with low overheads. Net returns are currently in excess of 4.5% per annum, making this a great little investment.

The property comes fully furnished and has a provision for a buggy permit under its sublease if required. Inspection is strictly by appointment only and 24 hours prior notice is required. This is an excellent opportunity not to be missed.