501/19 First Avenue

Mooloolaba QLD 4557

Apartment 501 in the sought-after Cilento complex presents an outstanding investment or owner occupier opportunity just one street back from the world-famous Mooloolaba Beach. Situated on the 5th floor in the desirable North-East corner, this fully renovated 2-bedroom, 2-bathroom apartment spans 121sqm, offering a premium coastal lifestyle with high rental appeal.Designed for low-maintenance, high-return potential, this apartment has been meticulously upgraded with hybrid flooring, new timber skirtings, and a fresh ocean-inspired aesthetic. You will appreciate the all-new electrical and plumbing work, ensuring longevity and reduced upkeep costs. Wireless electric blinds in the ensuite and living area add a modern, energy-efficient touch.The open-plan living and dining area is light-filled and spacious, seamlessly extending to three private balconies that capture stunning ocean and hinterland viewsan attractive feature for holiday guests or long-term tenants. The sleek kitchen is equipped with high-end European appliances, stone benchtops, and soft-close cabinetry, delivering both style and functionality.The main bedroom, complete with ocean views, a walk-in robe, and a private ensuite, is a major draw for those seeking a luxurious retreat. The second bedroom, with its own balcony and built-in robe, offers versatility as guest accommodation or a home office. Additional features include a walk-in laundry, secure basement parking, and a gated entrance for privacy.Features: - North facing renovated apartment in First Avenue- Ocean and hinterland views - High quality renovation - Ideal for the investor, 30% owner occupier and 70% holiday-let- High rental yield potential approximately $75,000.00 @ 70% Occupancy (refer to Holiday Mooloolaba Appraisal)Cilentos prime location ensures strong occupancy rates, with the Mooloolaba Esplanade, boutique shopping, and award-winning dining just steps away. The nearby Wharf Precinct and picturesque boardwalk enhance the lifestyle appeal, making this an attractive option for both short-term holiday rentals and permanent leasing.With fully ducted air-conditioning, plantation shutters, and a meticulous renovation, Apartment 501 is a hassle-free, premium investment opportunity in one of Queenslands most in-demand beachside locations.