Unit 2/29 Peninsular Dr, Surfers Paradise QLD 4217, Australia
Welcome to 2/29 Peninsular Drive, Surfers Paradise. Embracing a sought-after coastal lifestyle, this north-east facing ground floor apartment is quietly nestled in a hidden pocket behind the iconic Surfers Paradise skyline.
Take advantage of being just 400 metres to the local eateries, trendy nightspots, sidewalk cafes and golden sands of Surfers Paradise. Whether you are looking to buy and hold for future redevelopment opportunities, do a quick and easy renovation to increase the rental yield or move in and take advantage of the incredible location, 2/29 Peninsular Drive is an absolute outstanding opportunity to secure a property packed full of potential at an unbelievable price.
PROPERTY SPECIFICATIONS:
– Spacious ground floor apartment flooded with natural light
– Functional galley style kitchen with plenty of storage
– Open plan dining area with ceiling fan and wooden floorboards
– Separate tiled living area that can be used as a second bedroom or easily converted into a single lock-up garage
– Generously sized bedroom with ceiling fan, built-in wardrobe and ensuite
– Second bathroom/laundry with bath, toilet, dryer and basin
– Boutique block of just 5 units
– Total Land Share: 556m2 approx.
– Rental Appraisal: $330 – $350 per week
– Body Corporate: $82.07 per week approx.
– Sinking Fund: $44,083.76 approx.
– Council Rates: $2,036 p.a. approx.
– Year Built: 1973 approx.
One of Australia’s most recognisable suburbs, Surfers Paradise boasts world renowned beaches, five-star dining, entertainment venues and an endless list of up market shopping destinations. There is always something to do and this apartment will have you just a short, flat walk to public transport, shops, cafes and beaches. An outstanding location, an incredibly affordable price and an enviable lifestyle with loads of future development potential – this is an opportunity not to be missed.
