412/132 Ferny Avenue

Surfers Paradise, QLD, 4217

  • 1bed
  • 1bath
  • 1car

$135,000

Investment Only 1 Bedroom Apartment

This large one bedroom unit is 65m2 and is fully furnished. It is located on the 4th floor of the north building of Alpha Sovereign Hotel. The apartment is air conditioned and has a south/west aspect.
Facilities include: Pool, gym, spa, games room onsite restaurants.

The apartment currently has a sub-lease' attached to it where by the owners can choose to holiday let the apartment through the on-site managers or separately however the unit can only ever be holiday let or used for short term accommodation.

Gross Income: 1st July 2015- 30th June 2016: $21,008
Expenses: $10,072
Refurbishment fee: $420
Management Fees: $6,445
Body Corporate: $4,500 per year
Council Rates/Water Rates: Approx. $3,000 per year

Email us today for your full information "Facts Pack" also a copy of the contract with all leases and agreements can be emailed to you please ask for this in your enquiry.