59/7 Elliott Street

Surfers Paradise QLD 4217

GREAT INVESTMENT OPPORTUNITY
LOCATED IN THE BUNDALL/ISLE OF CAPRI AREA, THIS THREE BEDROOM TOWNHOUSE IS JUST 5 MINUTES AWAY FROM THE BEACHES OF SURFERS PARADISE AND BROADBEACH. THE TOWNHOUSE IS SITUATED IN THE WELL-MAINTAINED SECURE GATED COMPLEX MARION HALL. THE MASTER-BEDROOM HAS AN ENSUITE AND BALCONY AND ALL THREE BEDROOMS HAVE VERY GENEROUS BUILT-IN MIRRORED WARDROBES. THE GOURMET KITCHEN HAS PLENTY OF CUPBOARD SPACE, AN ISLAND BENCH WITH STONE TOP, DISHWASHER AND GAS STOVE. THE OPEN PLAN LIVING AREA OPENS DIRECTLY TO THE PRIVATE ENCLOSED COURTYARD. LOUNGE AREAS AND MASTER BEDROOMS ARE AIR-CONDITIONED. MARION HALL IS A LUXURIOUS SECURE GATED COMPLEX WITH A RESORT-STYLE SWIMMING POOL, SPA, AIR-CONDITIONED GYMNASIUM, STEAM ROOM, BBQ AREA AND FUNCTION ROOM. TENANCIES IN THIS SECURE COMPLEX IN AN UNRIVALLED CENTRAL LOCATION TO ALL MAJOR AMENITIES ARE IN HIGH DEMAND. THE PROPERTY IS CURRENTLY RETURNING A STEADY RENTAL INCOME OF $445/WEEK AND IS SUPPORTED BY GOOD ONSITE MANAGEMENT COMMITTED TO STRONG TENANCY STATISTICS AND GOOD CAPITAL GROWTH. INVESTOR OWNERS REAP THE REWARDS OF STRONG YIELDS, HIGH OCCUPANCY AND THE OPPORTUNITY FOR CAPITAL GAIN. THE COMPLEX HAS BEEN NEWLY PAINTED AND A MAJOR GARDEN UPGRADE DONE AND HAS A SUBSTANTIAL SINKING FUND. A GREAT INVESTMENT OPPORTUNITY FOR THE MOST DISCERNING INVESTOR. THIS PROPERTY MEETS ALL OF THE REQUIREMENTS FOR ASTUTE INVESTMENT WITH PUBLIC TRANSPORT RUNNING ALONG BUNDALL ROAD, EASY ACCESS TO THE M1, CLOSE TO MANY PUBLIC AND PRIVATE SCHOOLS, THE GOLD COAST ART CENTRE, MAJOR SHOPPING CENTRES AND OTHER FACILITIES. A COPY OF THE SUSTAINABILITY DECLARATION DOCUMENT IS AVAILABLE ON REQUEST FROM THE AGENT.