A Tidy Mooloolaba Investment Right By The Beach

This one is short and sweet. Located directly opposite Mooloolaba Beach and with unmatched resort facilities and on-site support, this apartment has a lot to offer. Refurbished not long ago, it’s in great condition and has had numerous updates made to the fit out, including recently refinished white louvers, a TV in the bedroom plus new bedside lamps, a new fridge and brand new washer/dryer machine (basically all of the high wear and tear items that you no longer need to worry about!).

The ocean view is beautiful on a clear blue summer day, and the apartment is bright and airy, taking in excellent sunlight during the winter months with a northerly aspect catching the sun most of the day in the cold month’s right through to sunset. The building has a massive outdoor area (see photo), with BBQ’s, picnic spots, heated pool & spa and incredible ocean views. There’s even a roof top terrace you can book privately to watch the sunset or fireworks. There are also no restrictions on owner usage, so you can book and stay in your apartment any time you like.

Income is consistent and excellent, grossing over $50,000 a year and netting between 4.0% and 4.5% after outgoings, the numbers stack up really well compared to the coast average for most 1 bedroom apartments (around 3 to 3.5% generally). A big part of this is due to the massive conference facilities the building offers, something unmatched in Mooloolaba and which is used frequently by so many large companies, contributing greatly to your income through guest bookings.

Inspections are welcome, but please keep in mind these apartments operate at nearly 100% occupancy year-round, so some lead notice would be great!

Features

Outdoor entertainment area Barbecue in-Ground Pool Inside Spa Sauna Gym Balcony Indoor entertainment area Wheelchair access Smoke Alarms Beach frontage Ocean views
1 1 1
Suburb Mooloolaba
State QLD
Price $298,000
Property Type residential
Property ID 439
Category Unit

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Elliott White

0422 280 656
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