301/33-37 Madang Crescent, Runaway Bay QLD 4216

If you would like an inexpensive investment property then this is an excellent start.

This third floor apartment is in the highly sought-after Cove 35, a contemporary, 4 level, waterfront building in the heart of Runaway Bay. It is only 12 years old, so is good for depreciation.

All units are individually metered, so the tenant pays for their water usage.

The unit is low maintenance with tiled living areas, a well appointed kitchen and a 'New York' style laundry, The bedroom has good storage, a ceiling fan and a concertina window to allow a view, breezes and plenty of light. The bathroom is two- way for privacy when guests are over. A balcony with views of the hinterland and the lights of nearby high rises opens off the lounge to provide indoor/outdoor living.

A sparking pool & BBQ area overlook the canal with a pontoon for pick up/drop off.

One Secure basement car park has lift access, there is CCTV and an onsite caretaker. All amenities are just a few minutes away, most are an easy walk less than 300 meters to the Runaway Bay Village Shopping Centre.

A tenant is currently in place, this is good investment stock.

The Body Corporate has solar power which keeps Body Corporate fees lower around $92 per week.

Features include:

â- Good return with an excellent tenant in place
â- Beautifully presented/air conditioned
â- Individually metered water so tenant can pay usage
â- Lift and secure basement parking
â- Pool, BBQ area, common pontoon
â- Walking distance to shops and amenities
â- Low Body Corporate

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 vendors, purchasers & tenants should make their own enquiries to verify the information contained herein.