Apartment for sale

1-7/480 Charlton Esplanade,

Torquay, QLD

16 8 8
$1,400,000

Imagine Owning a Waterfront Property... Paying You a 7% Rental Return

Located on the Esplanade in beautiful Hervey Bay, this waterfront house AND block of units surely must be an investor's dream come true! This unique property consists of 1,200m2 of prime land with:

â 6 x Two Bedroom Units (individually strata-titled); and
â 1 x Four Bedroom House (with bonus studio accommodation underneath).

Overlooking Torquay Beach, each unit has coastal breezes and stunning bay views. Included is the exciting privilege of watching the whales during their annual migration. Offering resort-style living, with an on-site private swimming pool and just a short stroll to beach fishing, cafes, restaurants, retail shops and much more. A local courtesy bus provides free daily transport to award winning clubs.

The units currently produce $1,550 per week rental income. The house and studio provide an additional $570 per week, totaling $2,120 per week.

There are a multitude of possibilities for the astute investor, including:

â Keep all existing tenants and enjoy an ongoing 7%+ rental yield;
â Live in the house and receive cash flow renting the units;
â Perhaps keep one of the units as a holiday home for your family;

For an inspection call Bruce on Mob 04988 571 112

IMPORTANT NOTE:
Please register your details online for all inspection times and all enquires.
If you do not register for an inspection we cannot guarantee an inspection time and will be unable to notify you of any cancellations or time changes.
Last updated: 12:27AM on Dec 27th 2017
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271 Beachmere Road1-4/89 Buderim Avenue1-7/480 Charlton Esplanade