17 Genoa Street

Surfers Paradise QLD 4217

This unique Dual Residence Unit can make your high-return investment dream come true.
In addition to property value appreciation, you can enjoy extra rental income and improved cash flow
The property consists of two apartments within the building:

- Apartment 1: 1 bedroom, 1 bathroom
- Apartment 2: 2 bedrooms, 1 bathroom, and 2 car spaces.

The dual units offer flexibility: rent one unit while living in the other or rent both for a potential income of around $1,000 per week. The 2-bedroom apartment has rental potential of $35,000 per year. Each unit has a private entrance, balconies, renovated bathrooms, kitchens, and more.
With around 7% return, holiday rentals can provide even higher returns.

Located in a super convenient area, close to public transport, beaches, major shopping centres, and restaurants, yet still offering a peaceful setting in the heart of the Gold Coast.

This is an excellent investment opportunity with a rich source of income, hard to find elsewhere. Live the Gold Coast lifestyle while maximizing returns. Whether for holidays or permanent stays, this investment is highly flexible, especially with the option to switch from permanent to holiday rentals during peak tourism seasons.

Additionally, the dual units come with exclusive use of 16 storage cages in the garage, generating $8,780 per year. The property also includes 3 secure underground car parks for extra income, a rarity in the sought-after Surfers Paradise area.

Seize this incomparable opportunity for high-return investment and an enjoyable coastal lifestyle. With the rich potential for additional income, don?t wait to secure your financial future.

Price: $985,000(Listing ID: 21140342 )