4D/5 CLIFFORD STREET, SURFERS PARADISE
Motivated sellers have instructed for the immediate sale of this highly sought-after and rarely available apartment within "Peninsula", a popular and iconic holiday and residential building situated on the Beachfront of Surfers Paradise.
Positioned on the 4th floor this large 139m2 "15sq" 2-bedroom, 2-bathroom apartment represents outstanding value and is ideal for buyers who prefer that connection to the beach. This is your opportunity to secure the perfect performing investment with strong holiday letting returns, the relaxing coastal holiday home away from home, or keep as a permanent residence, either way the choice is yours with no restrictions.
As Investment:
Permanent rent appraisal - $880 per week = $45,760 per annum*
Holiday let (current use) - Nett Income Dec 2022 - March 2023 (4 Months)
$16,020.72
With a permanent tenant at $880 per week, the gross rental return based on purchased price could be between 5%-6%, or even higher if utilising the strong holiday letting returns which typically offers an owner significantly more.
Apartment features:
• Rarely available "D-style" floor plan, renovated.
• Spacious 139m2 floor plan, 2 bedrooms, 2 bathrooms
• Light and airy apartment with large living, dining, and open plan kitchen
• Ocean, Skyline and Hinterland views
• Large wrap around entertaining balcony
• Watch the waves hit the sand or the amazing sunsets at night
• Sundrenched balconies, warm in winter
• Plantation shutters installed throughout (cost $25,000)
• Blue chip, Beachfront position
• Stunning views by day and night
• 1 car space on title
Facilities:
A healthy lifestyle of relaxation and rejuvenation without leaving your doorstep, with all these communal spaces available exclusively for residents, their family & friends. With its massive footprint and ambiance, Peninsula offers an exceptional range of premium facilities which include:
• Peninsula just finished its multimillion dollar upgrade of its outdoor facilities
• Two large sun drenched outdoor resort pools (heated in winter).
• Indoor heated pool
• Children's pool
• Spa
• Fully equipped gymnasium
• Full size tennis court
• Basketball court
• 2 saunas
• Newly renovated outdoor BBQ facilities with seating, surrounded by freshly landscaped gardens
Location:
Only a gentle stroll to the CBD of Surfers Paradise or Broadbeach where you will find hundreds of shops, restaurants, cafes, and entertainment. Also close to the light rail, Convention Centre, Star Casino, Pacific Fair Shopping Centre, Marine Mirage, multiple surf clubs and more. This is the ultimate location for the astute buyer or savvy investor.
Inspections also available via private appointment.
Under instructions for all offers to be submitted.
Exclusively listed by Tolemy Stevens of Harcourts Coastal - Beachfront Specialist.
www.tolemystevens.com.au
*Disclaimer: Whilst every effort has been made to ensure the accuracy of these particulars, no warranty is given by the vendor or the agent as to their accuracy. Interested parties should not rely on these particulars as representations of fact but must instead satisfy themselves by inspection or otherwise.
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