16/25-27 Darrambal Street, Chevron Island QLD 4217

What a fantastic location!

Representing exceptional value, this functional one bedroom unfurnished air-conditioned apartment offers a light filled space, with a tidy and ample sized kitchen and open plan dining/lounge area that flows onto the balcony with great views. The perfect investment property to add to your portfolio or to enter the market as a first home buyer. Located within the secure building Puerto Vallarta' on Darrambal Street.

For investors this is currently returning an attractive 7.25% yield!

This neat and tidy one bedroom unit is perfectly positioned only a few minutes' walk to the centre of Chevron Island, but yet is so close to the heart of Surfers Paradise, the beach, light rail, bus routes and the Bundall business district.
This property can be viewed by Private Inspection and open homes will be advertised from Saturday 29th February unless sold prior.

Key Features:

- Spacious Balcony
- Air-conditioning in lounge
- Ceiling fans throughout
- Built in robes within the bedroom
- Reverse cycle air conditioning
- In ground plunge pool within complex
- Located on the top floor of a three level walk up
- Secure building with undercover basement parking for one vehicle
- Very low body corporate levies - $48 per week approximately
- Healthy Sinking Fund balance of $152,533 (as of 17 February 2020)
- Rental appraisal is $320 - $350 per week
- High demand rental market in Chevron Island
- Current rental yield approx. 7.5% !