Investors alert, this is one to add to your portfolio.
Situated on the 8th floor in Palazzo Colonnades, boasting magnificent views over the river and hinterland. This one-bedroom apartment is immaculate and the perfect Gold Coast holiday getaway, book your dates out for you and the family and enjoy the income it generates for the rest of the year.
Last 12 months generated circa $27,000 using Airbnb etc. culminating in a Gross yield of approx. 10%. With a guaranteed rental of $1540 per month if in the holiday pool (circa 7% Gross yield).
– Fully furnished modern apartment
– Private balcony
– Air conditioned
– Cable TV
– Gym and outdoor swimming pool
– Games room
– Secure car parking space
– All financials available by email
Palazzo Colonnades is a boutique high-rise property conveniently located. An 8-minute walk to Cavil Avenue, a 3-minute walk to the beach and the tram is on the door step, easy access to Pacific Fair Shopping, SeaWorld, multiple restaurants.
Listed by Karen Stewart & Edward Smyth.