5/171 Scarborough Street, Southport QLD 4215

Ideally positioned, Metro 88 Apartments is within walking distance to Southport CBD, Australia Fair, China Town and the highly active Broadwater precinct.

Whether you're looking to purchase an investment property and or somewhere to live in a central location - this 1 bedroom plus study is not one to be missed!

Currently rented until March 2023 for $470 per week, it's not often to find a positively geared property.

The apartment features an open plan kitchen, living and dining area extending onto a generous size courtyard style balcony, perfect for entertaining. The master bedroom has a built in robe, with access to the courtyard. Set up a home office in the designation study area, big enough for a single bed.

Unit 5 property features:
- Spacious open plan living area, with neutral tones throughout
- Master with built in robe and access to the courtyard
- Study, with enough space for a desk and a single bed
- Courtyard, partially covered, you could really get creative out there!
- Air conditioning
- Combined bathroom/laundry
- Secure car space
- Lift access
- Rental appraisal in current market - $480-$520 p/w

THE NUMBERS:
Strata Rates approximately $61 per week
Council Rates approximately $800 per half year (investment)
Water Rates approximately $350 per quarter (investment)
Rental return approximately $480-$520 p/w

Ideal for owner occupiers or investors looking for a good return on their investment.

Centrally located in Southport with Location Amenities, Australia Fair Shopping Centre, Broadwater Parklands, Gold Coast Aquatic Centre & Southport Light Rail, the medical precinct, China Town all within a short walk.