723/138 Ferny Avenue, Surfers Paradise QLD 4217

Sovereign on the Gold Coast at Surfers Paradise, an ideal holiday location just a few blocks from Surfers Paradise centre, 5 mins walk to beach and 3 mins to lite rail. An absolute gem for the savvy investor this resort boasts reception lounge with friendly onsite managers, lagoon swimming pool and spa, fitness room, undercover BBQ area with seating and many more features for the residents to enjoy. This unit can only be holiday let or used for short term accommodation. Owners may use at their leisure but must not be permanent place or residence.
This large 1-bedroom self-contained room with studio kitchen with microwave & refrigerator, lounge/dining, large bathroom and large balcony to enjoy the lovely ocean views and breezes.
This room located on the 7th floor is currently leased on a periodical agreement for $550 /week. With onsite managers who take care of all the vacancies in their rental pool and room maintenance this is a perfect opportunity for the investor who wants to make good returns without having to worry about tenants, leases etc.
Features include:

1 bedroom
Separate Bathroom
Kitchen
Combo lounge/dining
Air conditioning
Balcony
Secure car parking available

Overs over $350k.
Council Rates $1871.16 / 6 months
Body corp fees $115.81 p/w