726/132-138 Ferny Avenue

Surfers Paradise, QLD, 4217

  • 1bed
  • 1bath


1 Bedroom Investment Only Apartment

Wow, this 7th floor 1 bedroom investment only unit with stunning views and a large and spacious open plan living is the perfect set and forget investment opportunity.
All apartments in this building cannot be lived in or permanently rented they must be holiday let by on-site management until the current lease expires in approx. 2022. After the lease expires the apartment can only be holiday let out and you can't live in them or permanently rent them out.

  • 1 Bedroom 1 Bathroom
  • Floor Height: 7th
  • Furnished: Yes
  • Air Conditioned: Yes
  • Facilities: Pool, gym, spa, games room onsite restaurants
  • Gross Income: $28,602
  • Expenses: $14,576
  • Refurbishment fee: $572
  • Management Fees: $8,176
  • Body Corporate: $5,101
  • Council Rates/Water Rates: $4,146

Please note that there is currently a lease agreement in place until 2022, meaning that you can't live in, privately rent out the property and during this period while under the leaseback, the apartment must be managed by the onsite managers.

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.