2/36 Sandy Beach Road, Korora

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Property Features
Bedrooms 1
Bathrooms 1
Garage 1

Inspection Details

Inspect by appointment

$250,000

1 Bed    1 Bath    1 Car

Award Winning Beachfront Investment

This spacious 1 bedroom apartment offers an absolute beachfront location in a boutique resort in the exclusive suburb of Korora. Note only 30 paces to the sand.

It's located almost on the beach at Korora Bay with its renowned crowd free beach & so peaceful.

The complex Smugglers On The Beach is award winning with sensational returns and occupancy. Excellent comments on Tripadvisor website ensures constant new visitors & strong returns on each investment unit.

The figures on this investment are impressive

-Gross return of over $40,000 PA.
-Consistently high occupancy rates over 92% for past 2 years.
-It has returned a Nett of 5- 6% under the current management team with their experience in resort management and holiday letting.
-The Nett return is all inclusive of strata, rates, power, water, cleans, linen, every cost associated with your investment.

The resort has a solar heated pool & toddlers pool for the kids, Bbq cabana, tennis court & beautiful tropical gardens and manicured lawns.

It's an established holiday let in a fully managed complex with professional management on site so your investment is looked after all year round.

The apartment is fully self-contained with up to date fixtures, fittings and furniture and is consistently holiday let with plenty of forward bookings in place.

If you want a great location & proven income stream with fantastic, consistant occupancy rates with repeat clientele then this property needs to be considered.

Why not holiday each year here yourself, enjoy your holiday whenever you like and leave the rest up to the experienced management team.

Perfect for SMSF, a painless & proven investment.

Buy it & forget about it.

Low risk no matter which way you look at it.

A consistently popular, performing, investment property.

Strata fees $5500 PA app. Rates $1892 PA app

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