49/69-73 Ferny Avenue, Surfers Paradise QLD 4217

$209,000

1 beds

1 baths

1 parking

Entry level Surfers Paradise Apartment 5 mins from the surf!

Invest wisely in your future by taking advantage of this opportunity today.

Perfectly located in the well-maintained Raffles Royale this spacious neat & tidy top floor apartment screams value and won't last long!

Centrally located within walking distance to the Surfers Paradise CBD, light rail, bus network and beach the tightly held building offers recently updated facilities including swimming pool, spa and bbq/entertainment area plus secure undercover single car space. Occupying a large 2615m2 block with current RD8 zoning or 1brm per 13m² with unlimited height level this site is ripe for redevelopment. Here is your chance to buy position, land bank, add value and reap the rewards.

Inspection highly recommended to appreciate all this has to offer so make sure you put this property on your shopping list this weekend!

KEY DETAILS:
Currently tenanted for $265 per week on a periodic lease
Body Corporate: Approx $73 per week
Sinking Fund balance: $122,208.56 as at March 23, 2021

Famously known as the tourist capital of the Gold Coast, Surfers Paradise is located centrally on the coastline.

With numerous high-rise developments boasting sleek architectural features, enhanced by panoramic ocean views, apartments, units and homes all have the opportunities of the Surfers lifestyle. Q1 is the world's tallest apartment tower and is an absolute landmark. The streets and surrounds of Surfers are jam-packed with activities, entertainment and fun everywhere you turn. It is renowned for fine dining, fantastic shopping and a busy nightlife.
Surfers Paradise lets you enjoy all the excitement of the Gold Coast with the theme parks on the Gold Coast corridor only 30 minutes drive north and a choice of 13 international golf courses and additional public courses in the vicinity.

Property Details

• Type: Apartment
• Bedrooms: 1
• Bathrooms: 1
• Garage Spaces: 1