If you have been looking for the perfect investment, look no further! This is the property you have been searching for.
Located in the beautiful Coral Coast Resort, this apartment is only a short walk from the Palm Cove Esplanade and all the amazing restaurants that Palm Cove has to offer.
The light-filled and open layout offers an easy to maintain property. Taking advantage of the tropical breeze, this apartment is ready to give you a return immediately or a light refurbishment will see you obtain a higher weekly rental return. Currently leased to a long term tenant, this resort style living, on the second-floor, is a sought after rental for tenants and will never be empty .
The apartment is being sold lightly furnished, has moderate body corporate fees and is currently enjoyed by a long-term tenant making this the perfect low-risk addition to any property portfolio.
2 Bedroom 1 Bathroom
Air conditioning throughout
2 lift access
Access to 4 resort pools
Good size balcony
Inspection by appointment
Have your piece of paradise with a return on investment hard to beat!
Body Corporate Fees – approx $7400 pa
Council Rates – approx $2600 pa
Weekly Rent $285pw month by month lease
|R&H Suburb Summary||Houses|
|Number of sales||84|
|Median Rental Price||$620 p.w.|
|Change in Rental Rate (5yr)||24 %|
|R&H Suburb Summary||Units|
|Number of sales||170|
|Median Rental Price||$365 p.w.|
|Change in Rental Rate (5yr)||14 %|