222 & 223/132-138 Ferny Avenue, Surfers Paradise QLD 4217

This dual key apartment is a great investment, is located on the 2nd floor of the South Tower of "Sovereign", and has the following features:

- Splits in to a 1 Bedroom Unit and a Studio Unit
- 1 Bedroom Unit has a north east aspect overlooking the lagoon pool
- Studio Unit has a north aspect
- Great size of 105m2
- Each unit has a balcony
- Kitchen has been renovated to a high standard with and island bench, stone benchtops, and timber flooring
- Fully furnished with quality new furniture
- Stove or oven not allowed in the kitchen
- Air conditioned
- Ceiling fans
- Built in robes
- Currently holiday let by On Site Managers
- Permanent Rent Appraisal: Studio Unit $450 - $500/week
1 Bedroom Unit $550 - $600/week
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Total $1,000 - $1,100/week

The approximate Outgoings are currently:

Body Corporate - $172/week (includes electricity)
Rates - $95/week
Water - $31/week

The Building features include:

- Secure car parking (on a first come basis)
- Lagoon pool
- Spa
- Sauna
- Gymnasium
- BBQ area
- Malaysian Restaurant
- On Site Managers

A great location close to the following:

- Marriott Hotel next door
- Only a 3 minute walk to a Light Rail Station
- 3 minute walk to Main River and Brumbies cafe (Budds Beach)
- 5 minute walk to Surfers Paradise Beach