Beach Side Apartments never lose appeal

Property Overview

Categoryapartment
Market price$520,000
Market rent$540 p/wk
Yield5.40%
Bedrooms2
Bathrooms1
Carports0
Garages1
AddressUnit OA,surfers paradise
SuburbGold Coast
StateQLD
Postcode4217

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GOLD COAST. BEAUTIFUL ONE DAY, PERFECT THE NEXT!

Investors look closely - Q1 is immaculate - Building and facilities always kept in 'showcase', brand new condition.

Noticeable the second you arrive in the 'porte cochere', leave your vehicle and walk in the extremely impressive high ceiling vestibule and foyer.

The apartment's internal 96 square meters comfortable living space at $520,000 is just $5,416 per sqm.

In contrast all new builds in Gold Coast offering circa 100sqm apartments are averaging $10,000 per SQM and more. And it's unavoidably going up, with build material prices sky rocketing. Whilst none of them measure up to the facilities that come with Q1.

THE DETAILS
~ 96 SQM spacious open room, light apartment.
~ Large Master bedroom PLUS
~ 2nd bedroom / multipurpose room
~ Substantial walkthrough, mirrored wardrobe space.
~ Large full bathroom with full size bath and oversize shower space.
~ Separate laundry and Pantry
~ Secure underground car park on title
~ Fibre to the building (Lightning fast BroadBand)

Q1 has 3 world class pools, private cinema, business function venue, restaurants and entertainment on the door step.

THE LOCATION
Walk out the building through the grounds East and within 80m meters you are on one of the most beautiful beaches in the world.

THE TENANTS
Your tenants will be spoiled by the facilities and the apartment. In the future, you'll probably want to live there yourself.

Rental on the Gold Coast - vacancy rates in many areas well below 1% often below 0.5%. High volumes of interstate migration from Southern states driving the market - Just wait until the International borders open and people flood in to this safe beautiful country.

Holiday letting has enormous demand with Q1 average monthly occupancy running at 91% (source Q1 2021 owners newsletter).

THE TRANSPORT
Walk out and West and the light rail is right on your doorstep. Hop on to take you south to Broadbeach, a night at the Casino or Shopping at Pacific Fair, or North to Main beach and beyond connecting you with the Rail to go to Brisbane and Brisbane Airport.

2021 will see construction begin for stage 3 of the light rail development south along the coast from Broadbeach to Burleigh.

Stage 4 development is scheduled to connect the light rail all the way to Coolangatta International Airport. (See the Qld Government video below)



Golf, Boating, Beach - Three magical drivers that relentlessly pull people to the Gold Coast.

The Gold Coast is located in the middle of the booming South East Queensland corridor. With a population of more than 538,000 people and a catchment area of over three million, the population is expected to grow to 730,000 people by 2026, based on a 2.5 per cent annual growth rate.

The strong regional economy is valued at over A$24 billion, the region remains one of the fastest-growing urban development areas in Australia.
Growing from a platform of tourism and construction, the Gold Coast industry has diversified in to knowledge based sectors - including education, health and medical, information communication technology, marine and sport.

A combination of lower costs, a highly-skilled local workforce, world-class infrastructure and a supportive business environment offer an ideal location conducive to achieving business success.

Famous for its sun, surf and sand, the Gold Coast stretches along 57 kilometres of coastline. Beyond the city's beautiful beaches are a vast array of world heritage-listed rainforests with breathtaking scenery - all a short drive from the regional centres. The natural attractions combined with the highest density of attractions in the southern hemisphere and a range of accommodation, shopping and entertainment options make the Gold Coast a tourism mecca.

Each year Gold Coast welcomes close to 12 million people to the city.

- Infrastructure - Transformative, Implemented and planned into the future.
Commonwealth Games initiated the huge infrastructure and government dollars put to work to increase value long into the future of the region.

2021 and beyond Gold Coast Light Rail stages 3 and 4 make for easy 'car free, safe and care free' access along the length of the Gold Coast, connecting all the way south to Coolangatta International airport.

Hospital
Less than 10 minutes away by car, is the new 'State of the Art' Gold Coast University Hospital - It is the largest single social infrastructure built in Australia... and a massive employment draw.

The site is collocated within the Gold Coast Health and Knowledge Precinct

HOTA (Home of the Arts) is an impressive Development of the Gold Coast Arts Precinct as Gold Coast comes of age.

- Education - Primary, Secondary, Tertiary
Excellent private and public schools, TSS, St Hildas, Somerset, A.B Paterson, Emmanuel, Aquinas and many, many more
Universities - Bond University & Griffith University


Be ahead of next phase of growth for the Gold Coast.

Call 1300 67 27 28 to find out more or quickly register now on this page and we will contact you to talk about your investment objectives to refine what may best suit your personal circumstances.