302/2007 Gold Coast Highway

Miami QLD 4220

Location -
Just a few steps away from:
North Burleigh Beach, one of the finest beaches on the Gold Coast!
Surf Club, Coles, Aldi, Pharmacy, Miami Medical Centre, Bottle Shop, Gyms, Bakery, and the list goes on!
Variety of cafes and dining options
Beach walks and bike rides along the promenade to Burleigh National Park, James Street lifestyle precinct, boutique breweries, restaurants and bars

Property Features -
1 Common Living, Bed and Dining area, 1 Bathroom and 1 Car Park
34sqm internal plus 6sqm balcony
Immaculate studio apartment bathed in natural light
Resort Style living
BBQ area and adjoining highly-rated Gold Coast restaurant and beer garden
Secure basement car park
Coin-operated laundry

Investment Potential -
Currently rented at $450 per week, on a periodic term until November (move in or continue to rent out, a good tenant has been living there for years now)
6.5%-7% Gross Long Term Rental Yield (Higher Rental Yield compared to properties around)
Low-maintenance
High Capital Growth Rate, circa 7% p.a. since 2006
Tramline will add capital growth once construction is completed
Higher returns with short term rental (Up to 9% Gross), based on current similar properties
Occupancy Rate 80-90%
Rate per Night $150-$200

Interior Highlights -
Open-plan design for a spacious feel
Modern finishes and neutral colour scheme
Well-equipped kitchenette with microwave and fridge
Air conditioning in the living area
All furniture included, inventory list provided to enquiring parties
Stylish and modern bathroom
Private balcony for enjoying morning coffee or sunshine

General Information -
First-home buyers can appreciate the affordability, convenience and low maintenance
Power usage included in body corporate fees
Onsite management team
Building secured by FOB access security system
Body corporate fees (including power) are circa $1690 per quarter
Council rates are circa $500 per quarter
Water (subject to use) is circa $300 per quarter

Inspections are via appointment. Please reach out if you're interested in having a private inspection.

Disclaimer**
We have, in preparing this information, used our best endeavours to ensure that the information contained herein is true and accurate, but accept no responsibility and disclaim all liability in respect of any errors, omissions, inaccuracies or misstatements that may occur. Prospective purchasers should make their own enquiries to verify the information contained herein. *denotes approximate measurements.