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Sold

913/3197 Surfers Paradise Boulevard, Surfers Paradise, QLD, 4217

1 Bed | 1 Bath

$118,000

Sold On

8 April 2020

'Mantra on View' North Facing, 9th Floor, Full Resort Facilities

Here is your chance to own your own piece of paradise – delivering you a healthy investment return, while providing you with an extremely low-cost annual 4 week holiday! Embracing sweeping ocean and hinterland views and enjoying all the facilities of the ‘Mantra on View’ resort in central Surfers Paradise, this recently renovated 9th floor studio unit is like a good “friend with benefits”. Fully furnished with twin double beds, en-suite bathroom, and all the expected in-room amenities – it faces due north on the highly coveted “sunny side” of the building. You can choose to manage your investment through the on-site Mantra Group - receiving a consistent income stream. This option enjoys the bonus of a heavily discounted holiday for 28 days per year - at 12% of the room tariff plus an exit cleaning and linen fee of $69.50. These dates are transferrable to family and friends. Or alternatively, you can elect to self-manage the letting of your apartment though the Airbnb portal. THE FIGURES: The following figures are from the full 2018/2019 Financial year. There will be some variations in figures year on year. YTD figures are available on request. Income $31,223 Rental Expenses $17,776 Body Corporate $3,303 Council Rates $3,336 Water Rates $1,494 THE FACILITIES: Positioned right in the heart of Surfers Paradise just 160m from the beach, Mantra on View Hotel is ideally located to enjoy the very best of the Gold Coast’s main attractions. 24 hour room service 24 hour reception Ocean and City skyline views Lagoon style swimming pool Tennis court Convention and reception facilities Gymnasium Electricity, and Insurances fully paid for by hotel operator On site restaurant Day spa and hair salon Public transport nearby High speed internet Pay Television/ movies on demand Air-conditioning For more information or to arrange an inspection please call Scott on 0407 750 620.
Scott Euler
Scott Euler
Property Expert

Property Details

Property Type: Residential

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