I am open for private / virtual inspection
Tightly held apartment in KRC (Kings Row Centre) and positioned ideally on the 14th level and perfectly placed in one of the finest, most iconic residential addresses in Australia, Commodore Drive, Paradise Waters. With spectacular direct north facing water views. A regretful sale for the owner.
Prestige, style & sophistication is what you will purchase in your absolute waterfront address. Enjoy luxury living with maximum comfort and relaxation, in this high demand location. You will be impressed with the size and space of this one bedroom apartment, along with a full length balcony for entertaining and excellent storage throughout.
This sky apartment is situated in the exclusive estate of Paradise Waters, between the ocean and Main River. Kings Row Centre is a quality and beautifully built waterfront complex and the huge benefit to you is, "they don't build 'em like they used to!" With large bedrooms and even larger living areas all flowing out to a north facing balcony, the apartment offers spectacular views.
A quality build by Ron McMaster, Kings Row Centre commands spectacular views to the northern reaches of the Gold Coast, main river waterways, the majestic Hinterland ranges, expansive Broadwater and the magnificent Pacific Ocean to name a few.
Close to the light rail, Main Beach, Tedder Ave restaurants and just across Macintosh Island Park to the Beach. Paradise Waters is an exclusive waterfront residential estate offering close proximity to excellent Gold Coast Public & Private schools, including TSS and St Hilda's Schools, Southport Yacht and Surf Clubs are within walking distance and nearby is Marina Mirage, Sheraton Grand Mirage, Palazzo Versace, Sea World and the new Aquatic Centre. Everything is so handy.
Facilities in Kings Row Centre include a heated pool, spa, sauna, BBQ area, private boat ramp, marina with exceptional on-site managers.
Key features:
* Directly north facing position
* Residential only building
* Level 14 - not too high, keeping it real with the surroundings
* Spacious bedroom, walk-in robe & ensuite
* Practical & well equipped kitchen with ample storage
* Secure underground car space & bicycle parking
* Two reverse cycle air-conditioning units
* Designated separate laundry with loads of storage
* CCTV security throughout building
* Modern home automation entry to building
* Private Marina, available for rent
* Private boat ramp
* 400 meters to G-Link station at Main Beach
* Short walk to Tedder Avenue cafes and shortcut over to the beach
* Excellent onsite management
Key Information regarding Appt. 58:
* 14th Level
* Council Rates: $2012 p.a. approx. (Less for owner occupier)
* Council Water: $1,431 p.a. approx.
* Apartments in the building: 65
* Body Corp Fees: $106 per week approx.
* Sinking Funk: $244,525.30 as of 19 July 2019 UPDATE TBA
* Rental Appraisal - approx. $420 - $440 per week (high demand)
* Investors can expect approx. 3.5% net return or approx. 6% gross yield
* Built: 1979
* Builder: Ron McMaster Constructions
Vendors instructions are to sell. Opportunities like this are rare, be quick - Inspections are a must, you won't be disappointed. All offers prior to Auction will be given serious consideration.
Please contact Rob McGregor to arrange a private inspection, 0448 208 810 / [email protected]
PLEASE NOTE THE UPCOMING VIEWING WILL BE A CONTROLLED INSPECTION:
* No more than 6 people (including the agent/s conducting the inspection) are permitted within the property at the same time
* There must be at least 4 square metres of space for each person present in the property
* Social distancing should be observed at all times.