Level 1/8/7 Seacove Lane, Coolum Beach QLD 4573

A dual key unit with the studio unit potential to rent at $250 per week and the main one bedroom unit an indicative potential rent of $350 per week.

That's a total weekly rent of $600 per week or $31,200 per year which represents an extraordinary return with an asking price at $375,000.

After paying all fees and loans you are positively geared and making money. Not to mention the future capital gains from investing in Coolum Beach the emerging property hotspot on the Sunshine Coast.

Here are the features at a glance:

Unit 8A:
1 bedroom
1 bathroom
1 covered car space
Air Conditioning
1 balconies overlooking resort pool
Kitchen
Vinyl flooring
Spacious lounge
Potential rental return $350pw

Unit 8B:
Studio apartment
Kitchenette
1 bathroom
Beautiful outlook
Potential rental return $250pw

The dual key design provides flexibility to the maximum. Rent both as permanent or both as holiday let. Live in one and rent the other.

Alternatively the connecting door from Unit 8B to the entry foyer of Unit 8A can be unlocked to create a single 2 bedroom apartment.

Seacove resort is ideally located in Coolum just North of Stumer's creek and South of the tennis courts, croquet club, sports fields, and lap pool complex. It's a 10 minute walk to Coles, cafes, restaurants and clubs, and just a 5 minute walk to the beach.

Call James Henley on 0416 052 032 for more information.

Estimated Expenses PA:
Body corp: $6,827
Council rates: $2,008
Water: $1,000