• Mermaid Beach
  • Mermaid Beach
  • Mermaid Beach
  • Mermaid Beach
  • Mermaid Beach
  • Mermaid Beach
  • Mermaid Beach
  • Mermaid Beach
  • Mermaid Beach
  • Mermaid Beach
  • Mermaid Beach
  • Mermaid Beach
  • Mermaid Beach
  • Mermaid Beach
  • Mermaid Beach
  • Mermaid Beach
  • Mermaid Beach
  • Mermaid Beach
  • Mermaid Beach
  • Mermaid Beach
  • Mermaid Beach
  • Mermaid Beach
  • Mermaid Beach
  • 2Bedrooms
  • 2Bathrooms
  • 2Garages
Mermaid Beach, Build your portfolio

This large apartment boasts two generous bedrooms with two large balcony's, open plan living area, modern designer kitchen and includes 2 secure basement car parks.
Located on the top floor, West Side, with great views, it is situated in arguably the best position with the Zone Apartments complex.

This unit is currently leased to some really nice people, who have been in this unit for 6 years and look after the unit very well.
After 9 years the owners have refreshed the unit and recently have the unit looking sharp, with a fresh coat of paint, new ceiling fans, new smoke alarms, new dryer installed and new cook top. There is nothing left to do other than collect the rent!

'The Zone' - located within the prestigious Gold Coast Suburb of Mermaid Beach. This unit is in the premium location within the complex. As you drive down the quiet tree lined street, you will not be disappointed with this very well maintained complex.

The Zone offers its residents resort style facilities including:

- BBQ Area for Entertaining;
- Large Crystal Blue 25m Swimming Pool and
- Full Sized Tennis Court.

Other security features include:

- CCTV Security
- Intercom
- Onsite Manager

You really are close to everything with this apartment! A short 5-minute drive to the recently renovated Pacific Fair, a stroll to public transport, local to schools and just a stones throw away from gorgeous sandy beaches!

This property would be a feature to any astute investors portfolio - with low body corporate fees and an Onsite Manager, as well as a current lease in place with great tenants paying $480 per week.

Make sure you put this one on your shortlist.
Please note presentation photos are for display only

Current Rental Return

Rent Per Week - $480.00
Property Market Value - $499,000.00
Gross Rental Yield - 5.00%

The potential rental appraisal is $520 per week which would increase the rental yield to 5.42%

Call now for an inspection by appointment. It will not disappoint.

  • Air Conditioning
  • Split-System Air Conditioning
  • Balcony
  • Fully Fenced
  • Outdoor Entertainment Area
  • Remote Garage
  • Secure Parking
  • Swimming Pool - In Ground
  • Tennis Court
  • Broadband Internet Available
  • Built-in Wardrobes
  • Dishwasher
  • Intercom
  • Study