91 Seagull Avenue, Mermaid Beach
5 Beachside Flats - Huge Return - 607m2 Land Area House - Property ID: 695345
Introducing what could possibly be the best investment of your lifetime. A solid brick block of flats producing 5 income streams. Located in prime Seagull Avenue position on a large 607m2 land area, all within a very short stroll to the beach.
This property produces over $86,000 in rental income per annum, which is better than a 5% yield. The block comprises 2 x 3 bedrooms, 2 x 2 bedrooms and a 1 x 1 bedroom layout and an in-ground pool.
Recently refurbished and modernised, there is nothing for you to do other than look forward to a prosperous future with this Blue Chip' investment - your kids will thank you.
With beachside listings at an all time low, there is no better time to buy. Make the most of this rare opportunity and call Luke Henderson for an inspection.
Rates and Water - approx $7,000 p.a
- Land Size Approx. - 607 m2
- Close to Schools
- Close to Shops
- Close to Transport