A magnificent opportunity has become available to own and invest in Unit 11/14-16 Darrambal St, Chevron Island, a now vacant 1st floor one bedroom unit ready for immediate occupancy or invest and lease the property for outstanding returns! This cozy east facing unit is perfectly suited for individuals or couples seeking a blend of comfort and convenience within walking distance to Chevron Island local shopping outlets, the crystal clear sandy beach and the heart of the City in Surfers Paradise! The unit has just recently become vacant ready for the new owner occupier or smart investor to own this FULLY FURNISHED unit that has approximate returns of up to $27,560 per annum (Approx. $530 per week). The unit is fairly original in its condition providing you the opportunity to add value to the unit with a rejuvenated refurbishment of the property however the property has been recently painted with some new appliances installed.
The unit features a well-sized bedroom with easy access to the mirrored closet and bathroom adjacent to the bedroom. The open plan living and dining area is a decent size that flows onto a nice east facing balcony overlooking the bright lights of the city and skyline of Surfers Paradise. The kitchen is practical with a stove-top, range-hood, oven, fridge, and fully stocked with tableware and everyday kitchen appliances to use at your disposal.
One of the key advantages of this property is the inclusion of a dedicated carpark, providing off-street parking which is a valuable asset in this popular area. For those who enjoy the outdoors, the complex includes an inviting pool – a nice spot for a leisurely swim or to enjoy the sunny Gold Coast weather.
Location-wise, you're just a short stroll from the beach, making it easy to enjoy the coastal lifestyle without being in the midst of the hustle and bustle. Whether it's for morning jogs along the shore or peaceful evening walks.
- Private Level 1, sunlit one bedroom East facing unit with magnificent skyline views of the city
- Practical kitchen with tiled splash back, as new stove top with oven, rangehood, fridge and microwave
- Bathroom & laundry with washing machine, clothes dryer and laundry tub included
- Communal inviting swimming pool for residents; the complex is fully fenced, gated and secure
- Basement carparking and under-cover carparking for 6x visitor allocated car spaces
- Fully secured, low body corporate levies, well presented, and well managed apartment complex building with intercom
- Lifestyle plus living within walking distance to the city and beach
Chevron Island itself offers a friendly community atmosphere with convenient access to local cafes, restaurants, and shops. You'll find most things you need right in the neighborhood, striking a balance between quiet island living and easy access to urban amenities.
- Chevron Island Shops: Approx. 3 min walk
- Nearest Bus-stop at Thomas Dr - 3 min walk
- HOTA - Approx. 5 min drive
- Gold Coast Turf Club: Approx. 6 min drive
- Chevron Island Park by the River: Approx. 8 min walk
- Surfers Paradise State School: Approx. 8 min drive
- Coles Surfers Paradise: Approx 10 min walk
- Surf Parade, Broadbeach: Approx. 10 min drive
- Surfers Paradise Beach: Approx. 15 min walk
- Cavill Avenue, Surfers Paradise/ Cavil Ave Tram Station: Approx. 15 min walk
- Gold Coast Airport: Approx. 30 min drive
Rental Appraisal: Approximately $530 per week (Approx. $27,560 per annum)
Low Body Corporate Levies: Approx. $82 per week
Council rates: Approx. $2414 per annum
Water rates: Approx. $1268 per annum
Sinking Fund Balance: $63,649.09 (As of 27 June 2024)
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 inquiries to verify the information contained herein.