53/150 Marine Parade, Southport QLD 4215

Modern one bedroom apartment located in the ever popular of Blue Water Bay complex. Leased until August 2024.
Earning 7.5% gross income approx and tucked away in a private position at Southport's "Blue Water Bay Resort" - this over-sized one bedroom lifestyle unit, awaits your decision.
Not often available, this unit surrounded by tropical pools and gardens represents a great opportunity to secure prime Marine Parade investment real estate across the road from the Broadwater Parklands. Original unit, ripe for a quick renovation or upgrades and as an addition to a new or growing investment portfolio. Earns $24,000 + p/a gross income on permanent rental. Nothing to do but relax when you buy and settle this one.
Our seller is retiring and exiting their investment portfolio with us.

Featuring:
* Spacious living area
* Lounge opening to the balcony
* Fully equipped kitchen with ample cupboards
* Separate internal laundry cupboard and storage space
* Two way bathroom with separate wardrobe
* Resort facilities including: Lagoon style swimming pool, full sized tennis court, and
gymnasium
* Rental current until August 2024 is $480/week that represents a 7.5% approx gross return.

Location:
- Across the road to Broadwater Parklands and Southport Pool
- 0.2 km to public transport along Marine Parade
- 0.4 km to bus to Griffith Uni & GCU Hospital
- 1 km to Australia Fair Shopping Centre
- 3.7 kms to Griffith University & GCU Hospital

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