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Sold

29/138 Ferny Avenue, Surfers Paradise, QLD, 4217

1 Bed | 1 Bath | Apartment

$395,000

Sold On

2 December 2024

Gold Coast Holiday Bolt hole!

Are you looking for a holiday bolt-hole that will earn you a positive return with minimal effort? This generously sized 1 bedroom apartment is located in the incredibly well-run Sovereign Alpha Resort. The complex offers an amazing location, a huge resort-style pool, spa, gym, sauna etc. This unit offers so much: 2 blocks from the beach, 1 block from light rail, an easy walk to surfers. Zoned as a commercial unit there are lending restrictions to navigate but this is an amazing investment opportunity. Perfect for self-managed supers of cashed-up investors (50% lending rates apply) The unit currently has a permanent tenant but the unit is perfectly suited to Short term letting offering higher yields. Viewings by appointment. Please give us a call for more information.
Donald Gibbs
Donald Gibbs
Property Expert
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Property Details

Property Type: Residential

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