511/140-144 Ferny Avenue, Surfers Paradise QLD 4217

Looking for that perfect set and forget investment then this is for you. Close to the heart of Surfers Paradise and with full resort facilities this beautifully renovated 1 bedroom apartment is the perfect beachside weekender. This unit is predominantly used for short-term accommodation and you can holiday let through the on-site managers, air bnb or locked up for private use.
Sovereign is just a 5-minute walk to the beautiful golden beaches of Surfers Paradise, is close to shops and the light rail tram. This resort has beautiful facilities which include a fully equipped gym, spa, sauna, restaurant and bar, BBQ area and a lagoon pool with plenty of places to lounge and enjoy the sun.

Features Include:
• 1 Bedroom 1 Bathroom 1 Balcony
• Secure Underground Car Park
• Renovated 87sqm
• Split System Air Conditioning
• Large undercover balcony
• Private and tropical outlook with canal views
• 5th Floor South/West Facing
• Body Corporate Approx. $104 per week and includes electricity
• Excellent & professional on-site managers - always available to help
• Returns: $15,000 -$25,000 per year