32/171-179 Coombabah Road

Runaway Bay QLD 4216

Whether you want an exceptional property investment with strong returns (both rental yield and future capital gain) or a comfortable home in which to enjoy the Gold Coast lifestyle, this low maintenance property needs to be inspected.

Principal features include:-

Large master bedroom with ensuite bathroom and built in robe.
2 good sized further bedrooms (second bedroom with built in robe).
Stylish recently renovated kitchen with ample bench top space and storage (includes all usual appliances).
Tiled main bathroom/toilet.
Open plan living/dining areas benefiting from direct access to the covered timber deck and fully fenced private garden.
Laundry area.
Air-conditioning and ceiling fans.
Single lockup garage with space for a second car on the driveway.
Secure complex with intercom for entry.
Well maintained gardens, pool, tennis court, gym and BBQ facilities.
On-site management.
Pet friendly.
Close to Harbour Town Shopping Centre, public transport, schools (Coombabah State High School and Biggera Waters State School) and parks.

Income:-

Currently tenanted until 14/11/2023 at a rent of $630.00 per week.
Being in the growth corridor of the northern Gold Coast, Runaway Bay is experiencing a rapidly increasing population leading to very strong rental demand. A significant increase in rent is expected with a new lease (a written rent appraisal is available upon request).

Outgoings:-

Very low body corporate fee of only approximately $68.00 per week.
Water rates approximately $400.00 per quarter.
Council rates approximately $500.00 per quarter.

Contact Peter Turner at Turner Mayes Real Estate on 0468 350 882 as soon as possible for further information or to arrange an inspection. This property will soon be sold.

Disclaimer: Turner Mayes Real Estate and the listing agent have made every reasonable effort to ensure the accuracy of all information contained above and which is provided only for the convenience of interested parties and should not be relied upon for any purposes. Neither Turner Mayes Real Estate nor the listing agent warrants or guarantees the said informations accuracy or completeness and all parties interested in the listed property are recommended to undertake their own enquiries (including seeking appropriate legal advice) regarding the listed property. Turner Mayes Real Estate and the listing agent will not accept any liability (direct or indirect) for any injury, loss, claim, damage or any incidental or consequential damages, arising out of or in any way connected with the said information.