501/7 Mallana Street

Surfers Paradise, QLD, 4217

  • 2bed
  • 2bath
  • 1car

SOLD

Excellent Investment Opportunity

From its North East 5th floor vantage point in the heart of Surfers Paradise, this bright and modern apartment showcases breathtaking river views from every window. The apartment boasts brand-new flooring and paint throughout, stainless steel appliances, an east balcony and unique layout that emphasises peace and privacy. It is an exceptional investment opportunity for the savvy investor with the apartment being an established short-term rental or the perfect first starter as it has been completely renovated inside and out. You do not want to miss out on this unique opportunity to purchase the perfect cash cow.

* 2 Bedroom 2 Bathroom 1 Secure Car Space
* Highly positively geared with approx. rental return of $500 per week
* Footsteps to Surfers Paradise's thriving dining and entertaining precinct
* Sleek open plan kitchen with soft close cabinetry
* Contemporary bathroom with floor-to-ceiling tiles
* Spacious bedroom with city skyline views and built-ins
* Modern furniture and fittings are all included
* Sunny entertaining terrace with plunge pool, lap pool and barbecue area
* Secure undercover parking access within the complex
* Double lift access, security intercom, excellent onsite management

Returns: $500+ per week
Body Corporate: Approx. $1,800 per/qtr
Rates & Water: Approx. $650 per/qtr