19/7 Seacove Lane, Coolum Beach QLD 4573

Seacove Resort is ideally located and tucked away in a peaceful spot, alongside the tranquil Stumers Creek and surrounded by coastal bushland. The centre of Coolum Beach is a 10-minute walk away - with amenities including the surf club, restaurants, cafes, parks and a Coles supermarket - while the beach is only about a 5-minute stroll.
You have the opportunity to acquire a top-floor, dual-key apartment within the resort with indicative potential rent of $450 per week for the main one-bedroom unit and $350 per week for the neighbouring studio unit. That's a total potential rental income of $800 per week - or $41,600 per year - which represents an extraordinary return.

Here are the features at a glance:
Unit A:
1 bedroom
1 bathroom
1 covered car space
Air conditioning
Balcony overlooking the resort pool
Kitchen
Vinyl flooring
Spacious lounge
Potential rental return $450pw

Unit B:
Studio apartment
Kitchenette
Air conditioning
1 bathroom
Beautiful bush and river outlook
Potential rental return $350pw

The dual-key design provides maximum flexibility. You could rent both units on a permanent basis or holiday let each of them. Alternatively you could live in one and rent the other.

Estimated expenses per annum:
Body corp: $7,350
Council rates: $2,200