Great Investment Property

If you would like an inexpensive investment property then this is an excellent start.

This third floor apartment is in the highly sought-after Cove 35, a contemporary, 4 level, waterfront building in the heart of Runaway Bay. It is only 12 years old, so is good for depreciation.

All units are individually metered, so the tenant pays for their water usage.

The unit is low maintenance with tiled living areas, a well appointed kitchen and a 'New York' style laundry, The bedroom has good storage, a ceiling fan and a concertina window to allow a view, breezes and plenty of light. The bathroom is two- way for privacy when guests are over. A balcony with views of the hinterland and the lights of nearby high rises opens off the lounge to provide indoor/outdoor living.

A sparking pool & BBQ area overlook the canal with a pontoon for pick up/drop off.

One Secure basement car park has lift access, there is CCTV and an onsite caretaker. All amenities are just a few minutes away, most are an easy walk less than 300 meters to the Runaway Bay Village Shopping Centre.

A tenant is currently in place, this is good investment stock.

The Body Corporate has solar power which keeps Body Corporate fees lower around $92 per week.

Features include:

Ã¢- Good return with an excellent tenant in place
Ã¢- Beautifully presented/air conditioned
Ã¢- Individually metered water so tenant can pay usage
Ã¢- Lift and secure basement parking
Ã¢- Pool, BBQ area, common pontoon
Ã¢- Walking distance to shops and amenities
Ã¢- Low Body Corporate

Disclaimer: 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 vendors, purchasers & tenants should make their own enquiries to verify the information contained herein.

Explore the area

School catchments

St Francis Xavier School Primary Prep-6 Catholic 1.2km
Biggera Waters State School Primary Prep-6 Government 1.2km
Labrador State School Primary Prep-6 Government 2.6km
Coombabah State High School Secondary 7-12 Government 2.7km
Coombabah State School Primary Prep-6 Government 3.3km
A B Paterson College Combined Prep-12 Independent 4.5km
Musgrave Hill State School Primary Prep-6 Government 4.6km
Arundel State School Primary Prep-6 Government 4.8km
Southport State High School Secondary 7-12 Government 4.8km
Mastery Schools Australia - Southport Campus Combined Independent 5.2km
St Hilda's School Combined Prep-12 Independent 5.5km
Southport State School Primary Prep-6 Government 5.7km
Queensland Academy for Health Sciences Secondary 10-12 Government 5.7km
The BUSY School - Southport Campus Secondary Independent 5.8km
Guardian Angels' Catholic Primary School Primary Prep-6 Catholic 6.3km
Aquinas College Secondary 7-12 Catholic 6.5km
The Southport School Combined Prep-12 Independent 7.1km
Keebra Park State High School Secondary 7-12 Government 7.3km
Helensvale State School Primary Prep-6 Government 7.6km
Trinity Lutheran College Combined Prep-12 Independent 7.9km
Trinity Lutheran College (Cotlew Street Campus) Primary Independent 7.9km
Helensvale State High School Secondary 7-12 Government 8.1km
Pacific Pines State High School Secondary 7-12 Government 8.7km
Benowa State High School Secondary 7-12 Government 9.6km
Mastery Schools Australia Combined Independent 9.9km

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.

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