Level 11/42 Surf Parade, Broadbeach

2 2

Amazing Investment apartments with Great Views.

Unbeatable investment returns and flexibility. Get the most rent possible with this uniquely designed beachside apartment with great city & coastal views.
The apartment has had some recent upgrades, you will always be the one to catch the best tenants as it has better views and appeal.

This apartment located in the Savannah building in the heart of the Broadbeach.
Situated in a great location in Broadbeach, only 200m from the beach easy walk to the mall where the Oasis shopping centre is and only a 5 minute stroll to Pacific Fair Shopping Centre, Broadbeach South Tram and Bus Station, Dracula's Cabaret Restaurant, The Star Casino, Gold Coast Convention and Exhibition Centre all a short walk away.
The building car parking is common area and shared with all residents of the building having shared access, it is secure parking with unallocated car spaces.
There is bike storage in the basement but no other storage areas allocated for residents.
EXPENSES AND INCOME
BODY CORPORATE: $156 per week
COUNCIL RATES: $1,112 per 6 months, less if lived in.
WATER RATES: $378 Per 85 Days
INCOME / RENTAL RETURNS: This unit is currently used for Permanent Rental. The unit is receiving $700 per week
Currently we have tenants in there paying rent on leases
Unit 1108 $340 per week – lease until 19/7/2022
Unit 1109 $360 per week – lease until 12/5/2022

Holiday rentals in this building is also very attractive, we have some holiday rented as well.

Property Type Apartment

Price $525,000

Property brochure

View Video

Email to a Friend