113/392 Marine Parade Labrador, QLD 4215

Welcome to the perfect location of Sandcastles on the Broadwater and an inviting 128 sqm two bedroom, two bathroom, sought after ground floor apartment with a huge 43 sqm private terrace area with great Broadwater, tropical gardens and pool views.

Locals simply love this complex with large number of units being locally owned, owner occupied or long term tenants. You can choose to include this property in the holiday pool with exceptional onsite managers who look after your investment as if it was their own. The property is complete with all furniture, white-goods and utensils as displayed and noted as inclusions on the Contract of Sale, ready for you to start enjoying this beautiful property.

Investors will secure popular negative gearing benefits before a potential new government changes the rules. Any changes are on the record to not be retrospective.

Public transport on your doorstep. Centrally located with a relaxed atmosphere perfect for those seeking convenience, walking distance to shopping, cafes, restaurants and easy access to M1 and a 5 min drive to outlet shopping at Harbour Town Shopping Centre and 15 min drive to all Theme Parks on the Gold Coast. Positioned appox. 8 minutes to the Gold Coast University Hospital, this is an excellent location.

Features:

• Over-sized balcony with gorgeous views
• Rear garden balcony off both bedrooms
• Crimsafe throughout apartment
• 2 spacious bedrooms
• 2 bathrooms
• Secure basement parking & visitor parking
• Fully equipped kitchen with plenty of cupboard space
• Combined dinning and living opens up to massive balcony
• Air-conditioning and ceiling fans throughout
• Resort facilities with onsite manager
• Rental appraisal of approx. $420 - $450 per week
• Currently in the holiday pool - no lease
• Holiday rental return even better with approx. 80% occupancy
• Sought after ground floor, with direct Broadwater views
• Low strata fees approx. $94 per week
• Approx. 6.4% gross return on investment or approx. 4.1% net
• Healthy sinking fund of $307,417.20 as of 14 March 2019
• Ideal location with the stunning Broadwater, Boat ramp, restaurants, cafes and transport all at your doorstep
• Famous Gold Coast Hinterland is within easy reach

Complex facilities:

• Resort style in-ground pool and spa
• BBQ Gazebo with BBQ facilities
• Games Room plus children's' play area
• Gym
• Tropical landscaped gardens throughout the resort
• Tour Desk with all Gold Coast attractions so close by!

This property can be viewed by private inspection, please telephone Rob McGregor to arrange. 0448 208 810