4/5 North Street, Southport QLD 4215

Better be quick on this deal as the seller is keen to move on from this property and has priced it accordingly. A prime location and within a few hundred meters to the Broadwater, this unit is in a small block of only 8 and would make an ideal investment or first home at this price!

A lick of paint and some TLC will help boost the potential rent up, otherwise it is good to go in its current condition. Don't put this off as it will sell quickly and with its low outgoings it would suit an investor or owner occupier.

* Ground floor two bedroom/one bathroom unit located in 'Torque Lodge'
* Total of 8 units located in this small two storey walk-up complex sitting on 809sqm block
* A fantastic investment property to rent out with potential for re-development down the track
* Floor plan approx 56sqm internal with outside undercover porch of approx 16sqm
* Neat and tidy unit currently owner occupied. Could do with some TLC to spruce the place up
* Potential rental return approx $370 per week in its current condition
* One allocated parking space outside the unit
* Body corporate $46 per week including building insurance
* Circa building approx 40-50years. Council rates approx $865 per 6 mths. Water approx $318 (3 mths)
* Stroll to Broadwater, Parklands, Aquatic Centre, Transport, Australia Fair and much more
* A great investment property to add to the portfolio and future re-development site!

For further information on this home or to arrange an inspection, please call Michael Elliss on 0402 858 174