4/12 Coolgardie Street, Elanora QLD 4221

Finally, an affordable superbly renovated unit that is a great place to live, or for the investor provides a great return of approximately 5% net return per annum.
Being a dual key unit you can simply lock the internal doorway and rent out as two single units or you could live in one half and obtain income from the other. Another alternative is to use the two as one. The choice is yours.

The units have been completely renovated with new kitchens, new bathrooms, paint and tiles. A kitchenette has been added to the studio side in order to maximise the rental return.

The complex offers direct access to the benefits of Pine Lake and is in a great location being next door to the Pines Shopping Centre and only a short walk to the surf at Palm Beach, the Currumbin Estuary, Schools, Clubs, transport and sporting facilities.

The property consist of

Unit 4: 1 bedroom, 1 bathroom, kitchen and spacious living area.
Unit 4A: Studio type unit with sleeping, living and kitchenette combined and a separate bathroom.
Both units are fitted with air conditioner and are being sold fully furnished.

There is a very good On Site Management and the complex is complete with pool with tropical surrounds, BBQ area, games room and bar.
Units 3 & 3A are also available. They are very similar but because they are slightly bigger and front directly onto the lake, they are priced at Interest over $270,000.
The owner is keen to sell this wonderful property, so call now to arrange an inspection