Ideal Investment, Holiday Let or 1st Home Buyer opportunity.
Perfectly positioned opposite the beautiful Broadwater Parklands and one of just 49 apartments in Palmerston Tower with dual street access, this two bedroom, two bathroom unit is the perfect investment, holiday let or low-maintenance home. Located on the first floor, it's high enough to capture cool breezes and views but low enough to be convenient for those not desiring a high floor.
The kitchen sits at the heart of an open plan living and dining zone before flowing onto an east facing balcony. Sit here and soak up the leafy views that stretch across to the water or make the most of the onsite resort facilities, including a heated swimming pool, spa, half tennis court/basketballcourt and BBQ area. Both bedrooms are spacious and include a master bed with dual built-in robes and a balcony.
The property is leased until 10 October 2022 at $400 per week with a great tennant, it also benefits from a supremely central location. Walk to protected swimming zones, Southport CBD, Aquatic Centre, Australia Fair, Light Rail and the delights of the Broadwater Parklands. Arrange your inspection today.
If renovating the apartment can be opened completely up for a full transformation.
Property Specifications:
- Dual Street Access - Marine Parade and Norman Street
- Sound investment or Renovation / Flip opportunity
- Palmerston Tower apartment on first floor
- Three apartments per floor, on-site management, secure entry
- East-facing balcony with Broadwater parklands views
- Open plan kitchen, living and dining zone
- Master bedroom with ensuite, dual built-in robes and balcony
- Bedroom two with built-in robe, serviced by a second bathroom
- Perfectly positioned high enough to capture breezes and views but low enough to be convenient
- Heated swimming pool, spa, half tennis court/basketballcourt and BBQ area on site
- Walking distance to protected swimming zones, Southport CBD, Aquatic Centre, Australia Fair and Light Rail
- Body Corporate is managed by BCS (Body Corporate Services) - approx. $122 per week
- Sinking Fund Balance - $202,712.34 as of 31May 2021
- Leased until 10 October 2022 @ $20,800 PA
- Current rental appraisal is approx. $460 to $480 per week
- Secure parking for one car
Situated 50 metres from the magnificent Broadwater means that you're a five-minute walk from the city's best hospitality, CBD, shops, and light rail.
Disclaimer:
In preparing this information we have used our best endeavours to ensure the information contained herein is true and accurate, but we accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies, or misstatements that may occur. Prospective purchasers should make their own inquiries to verify the information contained herein.
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