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ATTENTION INVESTORS! On offer is this one bedroom, twin share hotel suite in the highly sought after 'Mantra on View' building. This building is positioned in a perfect central location with the unit offering a north aspect with stunning ocean views from the 14th level. Just a block away from the famous Surfers Paradise beach and within walking distance of all the city's best shops, restaurants, cafes and nightlife. Attractive building facilities and location for any holiday goer. This unit is only designed for short term holiday stays. With the option of on-site holiday management or self managed (Airbnb, etc) this suite offers high yield returns and at this price point, is the ideal investment property.
Unit features include:
? 14th floor
? Balcony with hinterland and stunning ocean views
? Washing machine in bathroom
? Large fridge & assorted kitchenware
? Studio apartment
? Two double beds
? Fully furnished
? Ducted air conditioning
? Can sleep up to 4 adults
Building features include:
? Restaurant and bar
? Conference facilities
? Gymnasium
? Pool
? Secure basement car parking
? 24 hour reception and room service
Returns:
? Approximately $50,517.00/per annum -Mantra on View management
Outgoings:
? Water approximately $25/week
? Rates approximately $56/week
? Body Corporate approximately $95/week (includes electricity)