• 7bed
    rooms
  • 4bath
    rooms
  • 4car
    parks

$1,300 Per Week Rental 6.5% Return

Attention all astute investors! Positively geared property. This investment will put money in your pocket from day one.
I have a tenant ready to sign a 12 month lease and move into this property for $1,300 per week making it the best investment in town! 6.5% net return!
Not only is it the biggest residential property in Mermaid Waters it's now the best buy.

A huge 1256m2 block that consists of a massive ground floor immaculate residence that encompasses 691m2 plus a 163m2 fully self-contained top floor three bedroom, two bathroom apartment. You really have to see it to believe it.

The rental market in Mermaid Waters and the Gold Coast in general has gone absolutely crazy and with the interest rates so low now is the perfect time to secure your future. Invest now and retire on the returns.

Features include:-

* 7 Bedrooms, 4 Bathrooms, Office, Storeroom, Hair & Beauty Salon, 2 Kitchens, Bar, 3 Private Courtyards
* Triple Lock Up Garage & Plenty of Visitor Parking
* Spacious Low Maintenance Tiled Terraces & Full Length Balcony Upstairs
* Private Inground North Facing Salt Water Swimming Pool
* Indoor Pool & Spa with His & Her Changing Rooms & Private Gym
* Solar Hot Water & Outdoor Water Tank
* Beautifully Manicured Gardens & a Front Grassed Yard
* Air Conditioning & Ceiling Fans Throughout
* Close to Schools, Shops & Transport
* Low Body Corporate

Contact exclusive agent John Nicholls for your private inspection.

Make an Enquiry

John Nicholls

John Nicholls

P: 07 55 200 300

E: john@therealestate.com.au

M: 0411 188 772

Sold Properties:

Address Suburb Sold Date Bed Bath Car Sale Price
15/172 Barrier Reef Drive MERMAID WATERS 3-11-2015 1 1 1 $240,000 View Property
39/172 Barrier Reef Drive MERMAID WATERS 15-09-2015 7 4 4 Undisclosed View Property
8/160 Barrier Reef Drive MERMAID WATERS 7-02-2015 2 1 1 $319,000 View Property