Block of Units for sale

5 Leonard Avenue,

Surfers Paradise, QLD

7 5 5
$1,350,000

Central Surfers Paradise - Trophy Investment Block of flats

Dont delay as blocks of units in this location at this price are hard to find, genuine seller has clear instructions to sell this unique investment property.

The old clich Position Position Position! This entire block of units situated on one title with five fully approved units showing solid rental return has been priced to sell.

Freehold block of 5 units on a 506sqm block with high-rise zoning comprising of a 1 x 3 bedroom units and 4 x 1 bedroom units, this unique block is returning $71,500 per annum*. Most of the units have been renovated, present in first class condition and there is a tropical pool, ideal in summer.

Be quick as this low maintenance, well maintained block of units situated in this premiere position in central Surfers Paradise with the Surfers skyline as your back drop and the main river close by represent outstanding value for money.

- Entire block of units on 506sqm block
- 5 flats 1 x 3 bedroom & 4 x 1 bedroom
- 506sqm block, high-rise zoning
- Excellent income, fully repainted exterior
- Each unit is air-conditioned and comes fully furnished
- Security doors & screens on all units
- Front & back yard, 5 carparks on title
- Well maintained low maintenance
- Communal laundry with washing machine installed & maintained by Mini Mat
- Grounds and maintenance carried out 2 to 3 times per month
- Chlorinator and pumps all near new
- Trophy investment, be quick!
- Unit 1 - 3 Bedroom well-appointed unit rented at $370.00 per week
- Unit 2 1 Bedroom renovated unit rented at $275.00 per week
- Unit 3 1 Bedroom well-appointed unit rented at $275.00 per week
- Unit 4 1 Bedroom renovated unit rented at $270.00 per week
- Unit 5 1 Bedroom renovated unit rented at $280.00 per week
- Rates are $2,068.00* per half year
- Water $1,227.00* per half year, can be partly recovered through tenant
- Current pool safety certificate

Contact the exclusive marketing agents to arrange a private viewing.

Bob Rollington 0411 427 311.
Last updated: 06:18PM on Jul 6th 2018
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First National Surfers Paradise

34 Hanlan Street
Surfers Paradise QLD, 4217