Unit Gold Coast Only one available on the top floor, highly sort after 3 story walk up
The Phone enquiry code for this property is: 0137
Merlion Cove complex is on the water. But our unit faces East toward the Broadwater and does not have canal views.
INVESTORS 6.39% TO 6.56% RETURN DEPENDING ON PURCHASE PRICE. Rent $280 PW.
99% RENTED OVER LAST 10 YEARS. Last time the manager placed an ad for a tenant 15 people applied the first day.
$230,000 or make an offer.
One bedroom Unit 63mtrs squ include the garage & balcony.
Units in this complex go very quickly because of the location, being on the water and the gardens are immaculate and comparable to the top resorts on the Gold Coast.
Pet friendly with permission from the Body Corp. There are dogs and cats already living there. 1 small dog or 2 cats.
Only one available on the top level. Balcony facing East.
3 Storey walk up but ground is considered 1st floor then walk up only two flights of stairs.
Have a boat then there are 2 jetties to tie up on. However it is for loading and unloading. You need to keep the boa elsewhere when not in use. EG: On a trailer underneath in the car park etc.
All areas are secured. Common areas only accessible via key. Grounds, swimming pool and BBQ areas are accessible to tenants and owners only and public do not have access.
This is NOT a holiday resort but residential living by owners or tenants therefore there is no noise and undesirable behavior at any time.
Walking distance to the Broadwater. 220 meters walk only for a swim or walk or use the exercise machines provided by council.
Buses on Marine Parade 220 meters away.
10 minutes drive to Southport.
Waterfront park adjoined the property on the left side.
It is a no through road so traffic is minimal. Locals only so no traffic noise at night.
If you are an investor then we will give you a depreciation schedule for FREE. Cost over $2,000.
1 bedroom unit for sale. Three story walk up.
1 bathroom with shower.
1 X car space in underground lock garage.
On site manager
2 X Swimming pools
2 X BBQ areas.
Jetty as well.
Very well kept grounds.
* Walking distance to the Broadwater. 220 meters walk
* Buses on marine Parade
* 10 minutes drive to Southport.
* Waterfront park adjoined the property
Rent $280 Per Week.
Rates $839.65 half year
Water rates $314.03 quarter.
B/C Admin Fund $644.99 quarter.
B/C Sinking fund $225.64 quarter.
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Balcony • Balcony/Patio/Terrace • BBQ • Built-ins • Close to Parklands • Close to Schools • Close to Shops • Close to Transport • Entertainment Area • Garden • Near Waterfront • Pet Friendly • Quiet Location • Secure Parking • Swimming/Lap Pool •