21/484 Marine Parade Biggera Waters, QLD 4216

Rarely do investment properties come up that are cash positive and this is a beauty.

Last year this apartment returned NET after all expenses well over 5%. This is without taking into consideration deductions for the expenses and depreciation.

This is a good investment as part of your portfolio or if you are retired and sick of getting only two or three percent from the Bank. It may even suit as an investment that you wish to use occasionally for a holiday.

This one bedroom, one bathroom, one car space apartment is on the 6th floor in the very popular Royal Pacific complex on Marine Parade at Biggera Waters. It faces north over the Broadwater with excellent water views. It was completely renovated 12 months ago and placed in the Holiday Pool and like the complex itself, has consistently high occupancy rate. At 65sqm it is a big one bedroom unit and comes fully furnished, complete with forward bookings.

There is an inground pool, spa, gym and barbecue area available and the complex is extremely well managed.

Features include:

• Large 1 bed 1 bath apartment
• 6th floor with north facing balcony over the Broadwater
• Fully renovated and fully furnished
• Excellent returns

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 purchasers should make their own enquiries to verify the information contained herein.