208 & 209/140-144 Ferny Avenue, Surfers Paradise QLD 4217

The Jodie Bell team would like to welcome you to this great Dual Key listing at the 'Sovereign Gold Coast'.

Enjoy the benefits of this great Northern Surfers Paradise position, with access to both Surfers Paradise and Southport shopping and entertaining hubs. Perfectly placed in a sought-after location just steps to the golden sands of the Gold Coast beaches. A quiet retreat in Surfers Paradise yet close to shopping, dining, G;link light rail, bus transport and attractions.

This dual key opportunity on level two of the North tower at 'Sovereign' is ideal for those seeking quintessential Gold Coast living with the flexibility of a dual income. The one-bedroom apartment features a modern and welcoming space with a lounge, dining area and the convenience of a kitchenette with sink whilst the studio apartment is configured with bedroom and living space all-in-one. Both feature air-conditioning and separate balconies overlooking the stunning lagoon pool and Surfers Paradise skyline.

The 'Sovereign Gold Coast' boasts exceptional facilities so you can relax and make the most of your leisure time. Set in a tranquil setting with an intimate atmosphere, where the facilities are well designed and laid out. It's just a short walk to the low-key and relaxed vibe of Budds Beach - a top spot to watch stunning sunsets or indulge at the renown Bumbles Cafe.

Features you'll love:
- Unique Dual Key Apartment Investment Opportunity
- 2 bedrooms, both with BIR's
- 2 Bathroom
- Air conditioned open plan living/dining areas that open onto balcony
- Two private balconies overlooking the stunning lagoon pool
- Beautiful Surfers Paradise and tropical district views from level 2
- Washing machines in each apartment
- High ceilings and neutral interiors

The Sovereign features the following:
- Tropical resort gardens, well maintained building
- Sparkling resort pool, sauna and spa with sun lounges
- Alfresco dining area next to pool
- Malaysian restaurant in-house
- Well equipped gymnasium with clean/modern machines
- BBQ facilities with undercover entertaining area with seating
- Security card access to common areas, underground parking and floor levels
- Reception and spacious lobby
- High speed internet available
- Undercover security parking (80 spaces subject to availability)

Just a three minute walk to the beach via your own private gate and two tram stops to Cavill Avenue - the heart of Surfers Paradise. Easy access to transit, shops, restaurants.

Please note: The photos online indicate which items of furniture are included with the sale, the 3D tour and video display personal items that belong to the tenants. The resort is not pet friendly.

PROPERTY INFORMATION
Gold Coast City Council Rates: $2,415* p.a. approx
Gold Coast City Water Rates: $1,550* p.a. approx
Body Corp: $203* per week approx
Sinking Fund: $290,545* as at 6th June 2024
Currently tenanted with a combined rental income of $840 per week for lease/investment opportunity
Unit 208 - Currently tenanted at $360 per week until 25.03.2025
Unit 209 - Currently tenanted at $480 per week until 24.06.2025
Built: 1997*

* denotes approximate measurements

You'll love how central to everything you are here. A rare opportunity to purchase in an unbeatable location.

For further information or to arrange a private inspection please contact Jodie Bell or Brad Scott.


Disclaimer: We have in preparing this information used our best endeavours to ensure that the information contained herein is true and accurate, but accept no responsibility and disclaim all liability in respect of any errors, omissions, inaccuracies or misstatements that may occur. Prospective purchasers should make their own enquiries to verify the information contained herein.

COVID-19 Update
- Please do not attend any inspections if have returned from overseas in the past 14 days, are unwell, elderly or have a compromised immune system.
- Please practice social distancing at all inspections to help minimise the spread of COVID-19.