49/4 Grand Parade, Parrearra QLD 4575

Location, location, location is what you often hear prophesied by those multi-millionaire property gurus.

Well, the opportunity has arisen to purchase this lovely well maintained modern 2 bedroom, 2 bathroom apartment. Located a hop, skip and jump from the new Sunshine Coast University Hospital and associated health precinct, Buddina Beach, shops and public transport, its location is second to none. Throw in the fact that Kawana Island is located only 18 km from the expanding Sunshine Coast Airport, 10 kms from the new Maroochydore CBD and 8 km from Mooloolaba and you have a winner.

The Caribbean Apartments complex is ideally positioned directly opposite Double Bay café/restaurant hub, a park for kids, BBQ areas and kilometres of cycling/walking pathways stretching around the Kawana Island waterways.

The apartment is spacious, with a modern contemporary open plan kitchen incorporating stainless steel appliances. An L shaped lounge / dining area flows out onto a massive entertainer’s balcony overlooking the tennis court and lush gardens within the complex.
Bedrooms are separated by the living area, have built in wardrobes, and are generous in size, carpeted, light and airy with the main bedroom having an ensuite with good ventilation.
Apart from the ideal location, this lovely apartment represents excellent buying in the current market due to its size as well as being top floor with hinterland views.

Features include:
- Prime location – only a 4 minute drive to Sunshine Coast University Hospital precinct
- Neutral colour scheme throughout
- Air conditioning/heating
- Foxtel, NBN and ADSL Broadband ready
- One secure car space in basement with storage cage
- Secure complex with intercom and camera surveillance
- Pet friendly complex (subject to Body Corporate by-law restrictions)
- 20mt heated lap pool
- Full size floodlit tennis court

This apartment is currently leased at $400 per week and provides approximately a 5.3% gross return. Add to this the high rental demand, reasonable Body Corporate levies, a healthy Sinking Fund and low vacancy rates within the complex, this apartment would be an investors’ delight.
Whether you use it as an investment or choose to move in down the track and live a resort style atmosphere, don’t miss this wonderful opportunity to purchase this spacious and affordable property in the booming Sunshine Coast market. The only thing you need to do then is sit back and enjoy long term capital growth.