2/45 Peninsular Drive, Surfers Paradise QLD 4217

REDEVELOPMENT POTENTIAL IS HUGE AT THIS PROPERTY!!

Situated in a small block of units of only 7, this apartment has one of the best locations on the coast.
Approximately 60sq metres at entry level price. This property is perfect for First homeowners or investors


The light rail is on your doorstep and just a short stroll to the iconic Surfers Paradise Beach and all the shopping, dining, and entertainment you could ask for.

Great long-term tenant in place who would love to stay - current lease until May 2022 so immediate income and ideal for a buy and hold investment strategy.

Older style so the two bedrooms are both generous in size - both have high ceilings and fans, and the main bedroom has built in cupboards.

Best Location - on the water
- Light, bright, and South facing
- Has extremely low body corporate at only $40.00 Per Week
- Waterfront Block of 7 apartments
- Has great rental returns of $295.00 per week
- Walking distance to Light Rail & Beaches
- Go fishing at your own property!!

Additional information:
- Rent $295/ week till 05/05/2022
- Rates $2,014 per year approx.
- Water $1,004 per year approx.

Don’t miss out as this property won't last long!