This is an excellent opportunity for savvy investors looking to get ahead of the northern growth push up the Queensland coast. You won't find anything on the Sunshine or Gold Coast that yields this well at this price point. This makes these properties an affordable investment that you could also utilize yourself in the quiet yet growing beautiful town of Woodgate. With yields like this, it would also make an ideal self-managed super purchase?offering great returns and solid future capital growth by entering the area early.
We currently have two of these studio-style villas available for sale, which are very popular in the holiday let pool and are rarely vacant. They are on separate titles, so you could even purchase both side by side, provided your finances permit, as the numbers certainly add up!
These deluxe studios, on separate titles, are highly sought after as they offer four potential income streams, making them perfect for positively gearing your investment portfolio.
Located centrally in the popular Woodgate Beach Houses resort, these properties provide positive cash flow and deliver a return of approximately 6.5% (plus depreciation) after all management costs.
Property Features:
- Double studio beach house style layout on one title
- Built in 2019 (approx. 5 years old)
- Stone bench tops and fully air-conditioned
- Dual street frontage
- Two bedrooms per villa
- Two bathrooms per villa
- Two separate living areas per villa
- Separate entrances and private verandas
- Two separate carport areas with dual access per villa
- Total site area of approx. 200m2 per villa
Each studio is fully furnished, ready for continued fully managed holiday letting, and comes with forward bookings in place.
Gross Rental Returns across the pair:
Approx. $120,000 per annum
Disclaimer:
We have taken all reasonable steps to ensure the accuracy of the information in this listing. However, we encourage prospective buyers to conduct their own due diligence and make any necessary enquiries to verify the details provided. Caloundra City Realty accepts no responsibility for any discrepancies or inaccuracies that may arise.