55/2 Gaven Crescent, Mermaid Beach QLD 4218

This large apartment boasts two generous bedrooms with two large balcony's, open plan living area, modern designer kitchen and includes 2 secure basement car parks.

Located on the top floor with great views, it is situated in arguably the best position with the Zone Apartments complex.

Everything has recently been renovated including fresh paint, ceiling fans & new curtains. There is nothing left to do other than collect the rent!

'The Zone' - located within the prestigious Gold Coast Suburb of Mermaid Beach. This unit is in the premium location within the complex. As you drive down the quiet tree lined street, you will not be disappointed with this very well maintained complex.

The Zone offers its residents resort style facilities including:

- BBQ Area for Entertaining;
- Large Crystal Blue 25m Swimming Pool and
- Full Sized Tennis Court.

Other security features include:

- CCTV Security
- Intercom
- Onsite Manager

You really are close to everything with this apartment! A short 5-minute drive to the recently renovated Pacific Fair, a stroll to public transport, local to schools and just a stones throw away from gorgeous sandy beaches!

This property would be a feature to any astute investors portfolio - with low body corporate fees and an Onsite Manager, as well as a current lease in place with great tenants paying $480 per week.

Make sure you put this one on your shortlist.

Current Rental Return

Rent Per Week - $480.00
Property Market Value - $499,000.00
Gross Rental Yield - 5.00%

The potential rental appraisal is $520 per week which would increase the rental yield to 5.42%

Call now for an inspection. It will not disappoint.