40/138 High St, Southport QLD 4215

This very well-presented spacious 2-bedroom apartment is overlooking one of the two resort style pools in the complex and backs on to the Lowlar park lands, 1 floor up from the ground floor in a 3-story lift access and walk-up resort style apartment complex, close to the centre of Southport hub and shopping centres and trams, is returning a very solid $440 p/w income on a long-term lease plus extra option on lease to secure your investment.



• Body corp. fees approx. $92.61 p/w

• Rates and water approx. $69.00 p/w

• Rent $440 p/w

• Purchase price Offers over $435,000

• Gross yield 5.25% *



Property description:





* First floor up from ground floor 2-bedroom (Building has an underground car park then ground floor, First floor and second floor) the only building in the complex with Lift access.

* Master bedroom fitted with ceiling fan and mirrored built-in and personal Romeo and Juliete style balcony.

* 2nd bedroom with fan and mirrored built-in

* 2 toilets one in the ensuite and one main separate toilet

* Main bathroom with shower, bathtub, and mirrored vanity

* Split system reverse cycle air conditioning to living/dining area

* Carpeted open plan living and dining areas

* Modern kitchen with stainless steel dishwasher, range hood and ceramic electric cook top, large pantry, overhead cupboards.

* Internal laundry with clothes dryer.

* 2 Spacious covered balconies overlooking the pool and garden area

* Wired for Foxtel point and broadband internet ready,

* Security screened sliding door to balconies and fly screens to windows

* Security entry gate and intercom system

* Secured underground car park for 2 vehicles (tandem)

* Security gated complex with large community entertainment areas with two Stainless steel gas BBQ’s, toilets plus two in ground pools, spa and sauna.

* Walk to Bus, light rail, schools, and shops for tenant’s convenience

* Great onsite managers to protect and grow your investment

* Built around late 2004.





This is a must for your investment portfolio with a prime location and excellent presentation to complex, making this a must to act now.



* Please note all gross yields and return details are approximate and are based on the asking price only (not the sale price), the gross return also does not include any tax credits or deductions the purchaser may be entitled to and is based on information provided by a number of sources. This information is provided as a guide only and is based on figures