Price Undisclosed

1 Bed  •  1 Bath  •  1 Car

Main view of Homely unit listing, 18/20 Commodore Drive, Surfers Paradise QLD 4217
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Sold

18/20 Commodore Drive, Surfers Paradise QLD 4217

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Price Undisclosed

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Unit Sold on Mon 25 May, 2020

What's around Commodore Drive

Unit description

“Kings Row Centre”

I am open for private / virtual inspection

Tightly held apartment in KRC (Kings Row Centre) and positioned ideally on the 4th level and perfectly placed in one of the finest, most iconic residential addresses in Australia, Commodore Drive, Paradise Waters. With spectacular direct north facing water views. A regretful sale for the owner.

A quality build by Ron McMaster, Kings Row Centre commands spectacular views to the northern reaches of the Gold Coast, main river waterways, the majestic Hinterland ranges, expansive Broadwater and the magnificent Pacific Ocean to name a few.

Close to the light rail, Main Beach, Tedder Ave restaurants and just across Macintosh Island Park to the Beach. Paradise Waters is an exclusive waterfront residential estate offering close proximity to excellent Gold Coast Public & Private schools, including TSS and St Hilda's Schools, Southport Yacht and Surf Clubs are within walking distance and nearby is Marina Mirage, Sheraton Grand Mirage, Palazzo Versace, Sea World and the new Aquatic Centre. Everything is so handy.

Facilities in Kings Row Centre include a heated pool, spa, sauna, BBQ area, private boat ramp, marina with exceptional on-site managers.



Key features:

* Directly north facing position

* Residential only building

* Level 4 - not too high, keeping it real with the surroundings

* Spacious bedroom, walk-in robe & ensuite

* Practical & well equipped kitchen with ample storage

* Secure underground car space & bicycle parking

* One reverse cycle air-conditioning units

* Designated separate laundry with loads of storage

* CCTV security throughout building

* Modern home automation entry to building

* Private Marina, available for rent

* Private boat ramp

* 400 meters to G-Link station at Main Beach

* Short walk to Tedder Avenue cafes and shortcut over to the beach

* Excellent onsite management



Key Information regarding Appt. 58:

* 4th Level

* Council Rates: $2012 p.a. approx. (Less for owner occupier)

* Council Water: $1,431 p.a. approx.

* Apartments in the building: 65

* Body Corp Fees: $102 per week approx.

* Sinking Funk: $244,525.30 as of 19 July 2019 UPDATE TBA

* Rental Appraisal - approx. $400 per week (high demand)

* Investors can expect approx. 3.5% net return or approx. 6% gross yield

* Built: 1979

* Builder: Ron McMaster Constructions

Vendors instructions are to sell. Opportunities like this are rare, be quick - Inspections are a must, you won't be disappointed. All offers prior to Auction will be given serious consideration.

Please contact Rob McGregor to arrange a private inspection, 0448 208 810 / [email protected]


PLEASE NOTE THE UPCOMING VIEWING WILL BE A CONTROLLED INSPECTION:
* No more than 6 people (including the agent/s conducting the inspection) are permitted within the property at the same time
* There must be at least 4 square metres of space for each person present in the property
* Social distancing should be observed at all times.

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18/20 Commodore Drive, Surfers Paradise QLD 4217
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