125/1-8 Paradise Island, Surfers Paradise QLD 4217

Welcome to your dream investment opportunity! This recently refurbished 1 bedroom, 1 bathroom unit in the heart of Surfers Paradise offers not only a comfortable and stylish living space but also a range of resort-style amenities that will make every day feel like a vacation.

This property presents an exceptional investment opportunity. Surfers Paradise is a world-renowned tourist destination, and this unit's prime location means it will always be in high demand for both short-term holiday rentals and long-term leases. The Gold Coast consistently attracts visitors from around the globe, ensuring a steady rental income for investors. Currently the property is tenanted achieving $600 per week, which is a very strong 7.4% gross rental yield.

Property features include
-1st floor with lift access
-Brand new kitchen with cooktop & fridge, plenty of cupboard space, breakfast bar
-Air conditioned living space opening out to a breezy balcony
-Large bedroom with ceiling fan, brand new carpet, built in robe
-Dual access bathroom with bedroom and hallway access.
-European Laundry with washing machine & dryer
-Single basement parking space
-Freshly painted throughout
-All new furniture replaced prior to tenancy in April 2023.
-Currently tenanted until April 2024 at $600 per week

Council rates approx $1200 half yearly
Water rates approx $350 quarterly
Body Corporate levies approx $100 per week

Resort Features
-In ground pool overlooking the river
-Sauna
-Gym
-Tennis court/half basketball court
-BBQ areas along the river

Don't miss out on this chance to invest in a piece of Surfers Paradise luxury living. Contact our agents today to arrange a viewing and secure your slice of this thriving coastal paradise.

Disclaimer: We have in preparing this information used our best endeavours to ensure that the information contained herein is true and accurate, but accept no responsibility and disclaim all liability in respect of any errors, omissions, inaccuracies or misstatements that may occur. Prospective buyers should make their own enquiries to verify the information contained herein.