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Beachfront with High Net Return

SOLD

610 / 7 Venning Street, Mooloolaba, Queensland

Beachfront with High Net Return

Rarely in Australia do you find prime beach front property with that high net income.

Forget negative gearing - Here is your opportunity to purchase an apartment on Mooloolaba Esplanade with stunning ocean views that can potentially deliver to the new owner a net return in excess of 5%.

The current owner have received council approval for both permanent occupation and holiday letting with this approval to pass onto the new owners.

Mooloolaba International (which is managed by the Mantra group) enjoys some of the best occupancy rates on the Sunshine Coast - normally in excess of 90%. Those fantastic occupancy rates generate great returns for owners lucky enough to have one in their property investment portfolio.

The resort offers both indoor and outdoor pools, gymnasium, sauna, spa and ground floor and rooftop BBQ areas.

With Coles next door and the wonderful choice of cafes and restaurants along the esplanade, you really can park the car and forget about driving during your stay.

The Sunshine Coast airport is expanding for more international flights in years to come, which will only increase demand for holiday accommodation in the region.

With this position, price and high earnings potential, your next question should be - where do I sign!

Features

General Features

  • Bedroom: 1
  • Bathrooms: 1
  • Garaging: 1

External Features

  • Balcony

Internal Features

  • Air Conditioning

Pool / Spa

  • Outside Spa
  • Inside Spa
  • Inground Pool

Specialty Rooms

  • Gym

Other Features / Notes

0

Unit Links / Tools

Last updated: 7th September 2020

Summary

Property Type
Unit
Contract Type
Sold
Location
 Mooloolaba
State
 Queensland
Price
SOLD
Bedrooms
1
Bathrooms
1
Carspaces
1
Pool
Yes
Air conditioning
Yes

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Agency

First National Real Estate Coastal

First National Real Estate Coastal

Contact

Paul Angell
First National Coastal Mooloolaba