13/22 Oleander Avenue, Biggera Waters QLD 4216

The Offer
This blue-chip investment has a long-standing tenancy, plenty of scope to add value and is just 200m from the gorgeous Broadwater. What more can a savvy investor ask for?

An east-facing haven in Biggera Waters, this apartment is the perfect choice for those seeing immediate return on investment. Modern and functional by design, it is a blank canvas to work with. Set securely on level two, this generous 93m (total area) residence already provides a substantial income with the opportunity to attract quality long-term tenants with just a few modest improvements.

Highlights
+ Second level giving privacy plus a leafy outlook over the pool
+ Long-standing tenancy in place
+ Scope for capital improvements to make the property even more valuable
+ Air-conditioned living space
+ Only 2 apartments per floor in this section of the building
+ Intercom security access
+ 2 swimming pools
+ Cinema
+ Sauna
+ Heated spa
+ Undercover BBQ area
+ Manicured gardens
+ Secure gated entry
+ Basement carparking for single car
+ On-site management
+ Second floor apartment. Internal stairs, no lift
+ 28 apartments in Pavillions by the Broadwater East

The Numbers
+ 93m total living space | 79m internal | 14m external
+ Renting $540 per week with lease until 22 Feb 2024
+ Body corporate levies $128.21 per week (includes building insurance)
+ Sinking fund $65,303.03 as of 8 Feb 2023
+ Water Rates $235 per quarter (depending on usage)
+ Council Rates $930 per 6 months approx.
+ 28 units in block
+ Built 2004

Icing on the Cake
The home is a breezy sanctuary for those seeking a privacy-based lifestyle within striking distance of the best the area has to offer.

Are you thinking about real estate? We should talk. Call Ben Fisher, Your Mate in Real Estate.



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