Situated in the heart of Burleigh Heads, one of the Gold Coast’s most iconic and fastest growing suburbs, we present to you this incredible apartment block – proudly elevated on a 607m2 lot less than 850m to the renowned Burleigh Heads Beach.
Boasting an enviable location, only a short stroll from the famous bustling Burleigh precinct, with attractions such as James Street, world renowned restaurants including the Fish House and Rick Shores, wine bars, cafes and boutique stores surrounding. Minutes from respectable schools, Stocklands Shopping Centre, and only a few minutes drive to the M1.
With rising demand and limited supply creating a phenomenally competitive rental market on the Gold Coast, this unique Burleigh apartment block offers something else… a prime opportunity! Architecturally designed with three fully self-contained apartments, this is a prime investment or rare dual-living opportunity for yourself.
All currently leased, approximated rental return for the 3 self-contained apartments is $1,450 per week. With great rental potential capitalising on the views that can never be built out, you really have it all. Offering all the desirable lifestyle, investment and opportunities on offer here in Burleigh, inspections of this incredible apartment block are a must!
OVERALL FACTS AND FIGURES:
• Elevated 607m2 block
• 3 self-contained apartments spread over two stories
• Originally constructed in 1981, and completely renovated in 2014
• Balconies with northern views to Surfers Paradise skyline and the hinterland
• Split-system air-conditioning and fans throughout
• Generous storage space
• Very low maintenance gardens
• Three off-street parking spaces are available
• Easy access to James Street and airport
• 500 metres from Burleigh CBD and Stocklands shopping centre, 850 metres from the beach, and just a stroll from several local cafes, restaurants and amenities.
• GCCC Rates: Approx. $3,600/year
• Water Rates: Approx. $1,400/year
• Gross Rental Income: Approx. $75,400/year
FEAUTURES OF APARTMENT 1:
• 2 bedrooms, 1 bathroom, single car space
• Approx. 52m2 total internal area
• Open plan living and dining area
• Main bathroom with shower and built-in laundry
• Separate storage space
• Currently rented at $330 per week
FEAUTURES OF APARTMENT 2:
• 2 bedrooms, 1 bathroom, single car space
• Approx. 76m2 total internal area
• Kitchen with modern appliances and it has plenty of storage space
• Living area and second bedroom that opens to a private balcony
• Main bathroom with separate toilet
• Laundry
• Currently rented at $470 per week
FEAUTURES OF APARTMENT 3:
• 3 bedrooms, 2 bathrooms, double car space plus balconies
• Approx. 150m2 total internal area
• Two defined living areas
• Large open plan design, sleek wooden floor throughout living areas
• Top quality kitchen with granite benches, free standing 5 burner Blanco gas stove, huge walk-in pantry, self-closing drawers, Omega dishwasher and plenty of cupboard space
• Master bedroom has convenient ensuite and walk-in robe
• Main bathroom with spa bath, separate shower and European laundry.
• West facing ‘L’ shape balcony with breathtaking 180-degree views
• Currently rented at $650 per week
Disclaimer: Whilst every effort has been made to ensure the accuracy of the above and attached information, no warranty is given by the agent, agency or vendor as to their accuracy. Interested parties should not rely on this information as representations of fact but must instead satisfy themselves by inspection or otherwise.
