59/16 Crescent Avenue, Mermaid Beach QLD 4218

Unit:   Bedroom Icon 2 Bathroom Icon2 Car Park Icon 1

Sold for $335,000

Diamond Cove Resort– Spacious ● Lifestyle ● Locality

***UNDER CONTRACT***

This fully furnished apartment in the popular “Diamond Cove” just 500 metres to the patrolled surf beach of Mermaid Beach, one of South-East Queensland’s most prized beaches, offers an affordable investment for you to enjoy spending time in plus generate an income.

Features include:
• Fully furnished 2 bedroom, 2 bathroom
• Open plan air-conditioned living and kitchen,
• separate laundry
• 1 secure basement park.

For investors this may be a cash positive investment:
• Option to rent permanently @ $450pw, holiday rent or live in and enjoy the resort facilities.
• Current gross return of approximately 6.7%
• Onsite management available
• Famous Mermaid Beach 500m
• Tavern 150m
• Restaurants 150m
• Public transport 170m
• Medical Centre 260m
• Light rail 1km
• Pacific fair 1km
• Casino 1.5km
• Broadbeach 1.8km

Comfortable, with gentle sea breezes circulating throughout, this is a place to escape the worries and burdens of day-to-day living and take a much-earned break…sit out on the balcony with a cup of tea in the morning after a walk along the beach or a refreshing swim in the resort style pool, and plan the day ahead!

Property ID: 870258

Kitchen
Separate Laundry
Balcony
High Ceilings
Air Conditioning
Broadband
Pay TV Cable/Sat
Dishwasher
Intercom
Furnished
Pet Friendly
Outdoor Spa
170m to Transport
Contact Agents
Jonathan Newlands
Jonathan Newlands

Sales Consultant

Office: 07 5592 1464
Mobile: 0413 988 001

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Newlands Real Estate
2 Elkhorn Avenue, Surfers Paradise QLD 4217 | Phone 07 5592 1464