8307/64 Palm Meadows Drive, Carrara QLD 4211

Brilliant Investment Opportunity at ''Mercure Gold Coast Resort''

Room 8307 in the Kingfisher building
*This lot cannot be owner occupied or permanently let, HOLIDAY POOL INVESTMENT ONLY*

Available rarely is this very well priced, entry level hotel room within the Mercure Gold Coast Resort! This resort is located in the heart of the Gold Coast, just a 10 minute drive from the Gold Coast beaches, Surfers Paradise, Robina Town Centre, sporting stadiums and theme parks. Emerald Lakes Golf Course is also a moment away whilst a short drive through beautiful Hinterland will see guests arrive at Springbrook, national parks & swimming holes.

The room is South facing & overlooks the prestigious Palm Meadows Golf Course, a lake & one of the smaller swimming pools, which is located directly behind the building.

Mercure Gold Coast Resort unit owners' income is 'pooled' and distributed to all owners quarterly. Discounted restaurant and room rates apply to Mercure Gold Coast Resort unit owners.

The Mercure boasts a high occupancy, which delivers a great net return for their investors.

The income and expenses of this amalgamated lot as of December, 2018:

Gross income: $7,700 (2015-2016 FY)

Expenses:
Body Corporate: $1,797 p.a
Rates: $2,261 p.a
Water: $1,165 p.a

Net Income of $2,477

The resort itself offers the following services to its guests:
Conference facilities
Massage & day spa
Fitness & health centre
Internet access
Kids club
Restaurant and bar
Shuttle service
Two swimming pools