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CALOUNDRA, 3/38 Maloja Ave 'Watermark Apartments'

$569,000  

    Positively-geared investment unit in central Caloundra resort

    Property ID: 21017081

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    - Excellent returns from this positively-geared dual-key property
    - Two large patios with easy pool access and water views
    - Central location provides short walking distance to beaches, shops and restaurants
    - Permanent or holiday let with on-site management for peace of mind
    - Security screens and a secure lock up garage
    - Waterfront boardwalk and large pool area with heated pool and spa

    This three-bedroom apartment brings the absolute waterfront right up to your patio. Featuring fabulous water views over Pumicestone Passage and Bribie Island from both your living room and your master bedroom, it is the perfect place to sit back and relax and enjoy the views.

    This property is an exciting opportunity for those seeking an easy-care investment with performance to date showing excellent returns. With over $34,000 annual returns for 12 months to October 2019, you can enjoy regular vacations in your own holiday apartment even while your bank account enjoys a positively-geared 3.6% income after all expenses including management and body corporate fees, council rates, and utilities (6.1% gross income).

    The dual-key layout of this apartment offers flexible rental options that increases the rental returns for savvy investors. The unit can be rented as either a single three-bedroom family unit, or as a two-bedroom apartment and a one-bedroom motel-style room with ensuite and water views.

    Large patios on both eastern and western sides of the unit give you the option to soak in the sun or relax in the shade both morning and afternoon, enjoying the outdoors all year long. Security screens on most doors and windows provide you with peace of mind and allow you to leave doors open to relish the refreshing sea breezes all day and night.

    This enviable ground floor location in popular Watermark Resort provides easy access to the large pool area and waterfront boardwalk. Watch the kids splash in the heated pool or simply relax and take in the views over the pool and out to the glistening waters of Bribie Island and Pumicestone Passage.

    The well-equipped kitchen can easily cater for everything from an intimate dinner for two to a family gathering. The kitchen overlooks the combined living and dining space that flows out to a covered patio. Air-conditioning, and ceiling fans in all rooms supplement the natural sea breeze. The apartment comes with car parking in a secure garage. Storage is taken care of with a walk-in robe in the master bedroom, built-in cupboards in the other two bedrooms, a linen cupboard and a large closet.

    Contact us now for full details including financial statements and occupancy. Be quick and benefit from the huge Christmas and school holiday income this year!

    • Built-In Wardrobes
    • Close to Shops
    • Close to Transport
    • Secure Parking