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* 4 apartments on individual titles
* Secure leases in place
* Suitable to convert to holiday let
* Lifestyle or Super Fund Investment
Montage Beach Apartments comprises of 4 individual units just one street back from glorious South Mission Beach , occupying a large 2047m2 corner allotment with 2 street frontages. All units enjoy a sunny, north facing aspect. With a shared resort style pool, BBQ facilities and plenty of car parking, no wonder the units achieve consistently high occupancy.
The individual owners have joined together to offer this spacious property in its entirety.
All apartments are currently on secure leases with a combined gross income of $1275/per week. Let your investment tick along or lifestyle seekers may prefer the idea of living on-site and converting the remaining units back to holiday letting which it was previously - another great option with the prediction of a domestic tourism boom with international travel limited.
Solid low maintenance construction, potential for further development (subject to council approval), lifestyle options and low risk consistent returns, combines to make Montage Beach Apartments a great option to shift your money into a positive income earner:
* 3 x 2 bed, 1.5 bath townhouses plus a 3 bed, 2 bath unit of at ground level
* Townhouse units come fully furnished and ground floor unit is unfurnished
* Modern kitchens and bathrooms renovated in 2012
* Fully air-conditioned throughout
* Fully tiled flooring with polished timber floorboards upstairs in the townhouses
* The complex is fully fenced with courtyard fencing on the end townhouse
* Pet friendly!
* Option to add more units (STCA) due to current building footprint
* 1 street back from the beach with sea views from some apartments
* Individually titled - Dissolve the body corporate when you own all 4
* Units can be sold separately
Marketed exclusively by Tania @ Tropical Property - Copy of outgoings available upon request.
Property Code: 2014
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