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Sold

22/1 Acacia Avenue, Surfers Paradise, QLD, 4217

2 Bed | 1 Bath | 1 Car | Apartment

OFFERS OVER $425,000

Sold On

28 June 2023

2 Units, 1 Title, Double income

Self managed super funds and Investors MUST look at this as an option. The best investment property available? I bet you thinking that's what every agent says about an investment property but have a look at this. TWO Fully Furnished units- 1 Title. 1) A generously sized 1 bedroom apartment with a large deck. Large kitchenette and with a sleeper couch sleeps 5 with ease. 2) A nice sized Studio apartment with 2 single beds (pushed together for a double if you like) These units are located in the highly desirable Sovereign Gold Coast Alpha Hotel conveniently located 1 block from public transport, 2 blocks from the beach, 1 block from Budds beach and an easy stroll to the hub of surfers and all it has to offer. The building offers a stunning resort styled pool, sauna, gymnasium and underground parking on site on a 1st come 1st served basis. These units can be placed in the hotel management pool for maximum rental return however in their current format they are still returning a GENUINE 5% Yield after ALL associated fee's. (BC levy, management fee, council and water rates etc) With a slight upgrade you could add significantly to this. Contact us for a breakdown on income an dto arrange a viewing. Please note that there is lending criteria that has to be met to purchase these units.
Donald Gibbs
Donald Gibbs
Property Expert
Buyer Registration

Property Details

Property Type: Residential

Land Area: 1 SQM

Property Features

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