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2308/923 David Low Way, Marcoola, QLD 4564

  • 1 Bed
  • 1 Bath

Sold

Sold for $250,000 (Nov 03, 2023)

Your Perfect Beachside Investment Opportunity!

Absolute beachfront location, tastefully presented and access to high-quality complex facilities, what more could you ask for? This studio-style apartment in the highly sought-after, Ramada by Wyndham is exactly what you've been looking for. With an open-plan design that creates a spacious feel, this one-bedroom, one-bathroom studio apartment is encompassed by a homely atmosphere due to the warm colours of the timber-styled flooring and the natural light that flows through the property. A bar fridge along with tea and coffee making facilities are included. Ramada Marcoola Beach Resort offers excellent facilities that perfectly complement the beachside lifestyle. Cool off in the pool, relax in the spa or take advantage of the gym to get your energy levels up. The iconic Surfair Beach Hotel, garden bar and bistro area is within the same building for all your entertainment and refreshments needs and is a favourite amongst locals. This property was previously self-managed on Air-bnb/booking.com and is currently in the holiday letting pool. It has seen occupancy rates of 95% and high returns all year round. This property can offer as high as around 14% returns a year (enquire now to have more details on this sent through). Whether you're looking for a holiday residence near the beach or investment property (both holiday letting and permanent rentals are permitted) this property offers many possibilities. Don't miss out on this opportunity, get in touch today.

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avatar Zane Morris
Zane Morris

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Property Info:
  • Property ID: L23748927
  • Property Type:Unit
  • Building / Floor Area:29 sqm
  • Land Area:29 sqm

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R&H Suburb Profile: Marcoola
R&H Suburb SummaryHouses
Number of sales31
Average Price$1,199,882
Median Price$1,145,000
Median Rental Price$750 p.w.
Change in Rental Rate (5yr)70 %
R&H Suburb SummaryUnits
Number of sales69
Average Price$608,710
Median Price$665,000
Median Rental Price$590 p.w.
Change in Rental Rate (5yr)51 %
Median Trend - $1,145,000

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