222 & 223/132-138 Ferny Avenue Surfers Paradise, QLD 4217

This dual key apartment is a great investment, is located on the 2nd floor of the South Tower of "Sovereign", and has the following features:

- Splits in to a 1 Bedroom Unit and a Studio Unit
- 1 Bedroom Unit has a north east aspect overlooking the lagoon pool
- Studio Unit has a north aspect
- Great size of 105m2
- Each unit has a balcony
- Kitchen has been renovated to a high standard with and island bench, stone benchtops, and timber flooring
- Stove or oven not allowed in the kitchen
- Air conditioned
- Ceiling fans
- Built in robes
- Currently holiday let by On Site Managers
- Permanent Rent Appraisal: Studio Unit $450 - $500/week
1 Bedroom Unit $550 - $600/week
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Total $1,000 - $1,100/week

The approximate Outgoings are currently:

Body Corporate - $172/week (includes electricity)
Rates - $95/week
Water - $31/week

The Building features include:

• Secure car parking (on a first come basis)
• Lagoon pool
• Spa
• Sauna
• Gymnasium
• BBQ area
• Malaysian Restaurant
• On Site Managers

A great location close to the following:

• Marriott Hotel next door
• Only a 3 minute walk to a Light Rail Station
• 3 minute walk to Main River and Brumbies cafe (Budds Beach)
• 5 minute walk to Surfers Paradise Beach

Disclaimer - In preparing this information we have used our best endeavours to ensure the information contained herein is true and accurate, but we accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies or misstatements that may occur. Prospective purchasers should make their own inquiries to verify the information contained herein.

This property is being sold by auction or without a price and therefore a price guide cannot be provided. The website may have filtered the property into a price bracket for website functionality purposes.