Approx 7.52% gross yield - Prime Investment Opportunity Broadwater Precinct

Discover the Perfect Investment or home situated in the highly sought-after Aqualine complex on Marine Parade.

Step into luxury and comfort with this impeccably renovated 1-bedroom apartment that offers a contemporary living experience in an desirable location. With attention to detail and high-end finishes throughout, this apartment is perfect for those who appreciate the finer things in life.

Key Features:
Open concept living area with seamless flow and abundant natural light
Fully equipped renovated kitchen which boasts a dishwasher, oven, cooktop, full-size fridge, and microwave
Open plan living areas extend to the private balcony overlooking the pool, hinterland and water view corridor
Reverse cycle air conditioning and fans
Two way bathroom with Double vanity and a single spa bath.
Spacious bedroom with built in wardrobes.
Covered dedicated car space.
Available fully furnished, subject to further discussion

Investment Highlights:
Proven Occupancy with the average for 1-bedroom from 1 January to date is an impressive 73.6%. Income In the last three months (May – July 2023) approximately $8,000, with August bookings already well in front - the investment yields are on the rise.

Residents of the Aqualine complex can also enjoy access to a shared swimming pool, spa, half tennis court, and BBQ area, perfect for hosting gatherings with family and friends.

Swipe lift access and conveniently located providing quick access to the Gold Coast Hospital, University, schools, and the Southport business district. Australia Fair, restaurants, cafés, the Olympic Aquatic Centre, and the active Broadwater Parklands are also close by.

The Numbers:
Body Corporate approx: $136pw (NOTE: Reduction of fees due in early 2024)
Water Rates: approx: $350 per quarter (investment)
Council Rates: approx $850 per half year (investment)
The average annual income for the units sit around $30,000-$35,000
Average income for the owner last month is $5,709 Gross

Features