HUGE WATERFRONT UNIT WITH POTENTIAL OF 11.7% PLUS RETURNS
A rare and unique opportunity to achieve positive cash flow on a penthouse style, house sized, apartment, in a cosmopolitan beachside location. Modern, spacious and feature packed, this is a positive cash flow opportunity deserving of your serious consideration.
With huge holiday rental potential, this ground floor, 4 bedroom, 2 bathroom property could rent for $250 per night, resulting in a rental income of $72,800/year, if based on a 80% occupancy rate. This rental income offers a huge 11.7% gross yield, based on conservative holiday rental income figures.
Be one of the smart investors successfully breaking into the AirBNB overnight holiday market. These yield numbers are calculated by dividing the rental income ($72,800pa.) by the purchase price of this outstanding property ($620,000), which results in a gross return on your investment of 11.7%.
Benefit from the chance to grow your potential yield even further, with increased booking volumes and rates during the peak holiday seasons. This return is a realistic one, with extremely conservative booking rates and occupancy, based on research data provided by the largest global accommodation sites, airbnb.com and homestay.com.
ABOUT THIS PROPERTY:
This is quality living at its best, and will capture the hearts and minds of both the savvy investor and the buyers looking to enjoy this pristine, yet convenient, location. With a modern, spacious feel, this spectacular architecturally designed property, has been custom renovated to combine 2 apartments, to create one huge, 4 bedroom, 2 Bathroom, penthouse-style apartment. Impressing with its quality features, brimming with natural light and abundant in its size, the beauty of this property is eclipsed only by its pristine waterfront views.
Relax and enjoy the sea breezes, from the largest courtyard of this type on the Redcliffe Peninsula. Celebrate with family and friends in an entertainment space that’s simply incredible, in both size and outlook. Take advantage of the free resort-style living facilities like the BBQ Areas, Gym, Games Room, and sparkling In-ground Pool & Spa.
This unique waterfront, beachside property allows buyers, renters or tourists to enjoy a variety of marine based adventures on offer locally, from fishing and boating to diving and whale watching. Convenience is also offered, with the Brisbane CBD & Brisbane Airport only a short 45 minute drive south, and the Sunshine Coast is only one hour’s drive north.
The Building size is 435.00 m² (approx. 47 squares) and features additional extras including air-conditioning, built-in wardrobes, separate dining area, secure parking and an excellent waterfront location close to public transport, beaches, cafes, shops, schools and the Redcliffe Hospital.
Take advantage of this rare opportunity, either as a buyer wishing to occupy this stunning, luxury apartment, or a property investors looking to secure high rental income yields. Don't wait to secure this one of kind property investment.
Phone or email now for more information,
Michael Knights 0409 018 778
Building Size:435.00 m² (47 squares) approx
Ref Id: MKR
- 4 bed
- 2 bath
- 2 Parking Spaces
- Land is 435 m²
- 2 Garage
- Single Contract