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317/2342 Gold Coast Highway,
Mermaid Beach 4218, Queensland

2 bedrooms
2 bathrooms
1 car space
Apartment

$530,000


Property details

Great ROI for Investors of 7.65% NET***

When it comes to prime investment opportunities, it's hard to go past this exciting offering. Set within the family-friendly Turtle Beach Resort, this could be a show-stopping addition to your property portfolio with the option to take on six months worth of bookings in advance. Currently turning over $70,000 pa with a 95% occupancy rate.

The light-filled layout has been designed for laid-back living with two good-size bedrooms, two bathrooms and low-maintenance finishes throughout. Split system air-conditioning ensures absolute comfort in the open-plan kitchen, dining and living zone with both front and rear balconies for that enviable indoor-outdoor flow.

Both bedrooms have built-in robes plus there's a master ensuite, an in-unit laundry and parking for one car. Guests of this renowned resort also relish access to a splash zone water park, four separate pools, waterslides, saunas, spa pools and even a 22-seat cinema for endless hours of fun.

Picture-perfect beaches, bustling shops, cafes and restaurants are all within easy reach and you're also close to handy public transport links, the Pacific Fair Shopping Centre and The Star Gold Gold Coast Casino.

-Splash Zone Waterpark with 4 water slides, 2 toddler slides, dumping bucket, water cannons and more.
-Four separate swimming areas
-Pool water slide
-Four spas, one in each pool complex
-Two saunas
-Playground
-Gated children's areas
-Club Turtle Kids Club
-15-hole putt-putt golf course
-Arcade games room with coin-operated video and table games
-Floodlit tennis court
-Fitness room with the latest equipment
22-seat cinema with 4 showtimes daily
-Eight BBQ entertainment areas
-The Deck Restaurant & Bar
-Tour Desk for bookings, tickets and transfers to Gold Coast attractions and airport.

• PROPERTY FINANCIALS HOLIDAY LETTING

• TOTAL - $70,000 P.A approx.
• NET - $42,120* P.A approx.

*The above figures are based on information contained within the booking.com ledger provided to us. The holiday bookings summary should be read in conjunction with the respective executed booking.com documents and not relied upon in isolation. A copy of the holiday letting ledger can be provided upon request of the marketing agent.

• OUTGOINGS
Estimated Outgoings 2022

• Council Rates - $3280*
• Water - $2000*
• Body Corp. - $6500*
• Booking.com Commission - $16,100*
• TOTAL - $27,880*

*The above figures are estimated values of outgoings per annum based on information provided to us and include discounts available if payment is made by due date. These figures are indicative only.



***ROI is calculated at Rental of $70,000 pa Purchase price of $550,000 minus Outgoings

We have in preparing this information used our best endeavours to ensure that the information contained herein is true and accurate, but accept no responsibility and disclaim all liability in respect of any errors, omissions, inaccuracies or misstatements that may occur. Prospective purchasers should make their own enquiries to verify the information contained herein. *Denotes approximate measurements.

This property is being sold by auction or without a price and therefore a price guide cannot be provided. The website may have filtered the property into a price bracket for website functionality purposes.
We have in preparing this information used our best endeavours to ensure that the information contained herein is true and accurate, but accept no responsibility and disclaim all liability in respect of any errors, omissions, inaccuracies or misstatements that may occur. Prospective purchasers should make their own enquiries to verify the information contained herein. *Denotes approximate measurements.

Explore the area


School catchments

  • Miami State School Primary Prep-6 Government 1.3km
  • Broadbeach State School Primary Prep-6 Government 1.8km
  • Mastery Schools Australia - Varsity Lakes Campus Combined Independent 3.5km
  • St Vincent's Primary School Primary Prep-6 Catholic 3.7km
  • Caningeraba State School Primary Prep-6 Government 3.8km

Nearest schools, measured in a straight line from the property. Provided as a guide only; check catchment and enrolment eligibility with the school. School data © ACARA, licensed under CC BY 4.0.


Find out how much home loan repayments will be

It’s important to understand repayment amounts before you apply for a home loan. A Loan Market broker can compare over 100 lenders to find the right loan for you. Use the Loan Market calculator to get a better indication of repayments.

Loan Market Pty Ltd | Australian Credit Licence 390222. All interest rates stated must include "p.a." and the relevant Comparison Rate in full.


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