This one bedroom unit is presently returning $220 per week until 19/1/2017 and is situated at 47 Sunshine Parade Miami. There is scope for enhancement and an increase of rent to $250.00 per week is envisaged
The total outgoings which include body corporate fees, council rates and council water rates are only $69.23 net combined.
Also there no stamp duty payable on purchase.
This is a unit block of 10 units set on 1012m2 of potentially redevelopment land. The unit is only one street west of the Gold Coast Highway and you are close to Miami Shopping Centre, Bus Transport and to the Ocean.
Suit Investor or Owner Occupier.
Capital Gains are Assured.