30 Lather Street SOUTHPORT QLD 4215
Auction

DESCRIPTION

A rare and exciting opportunity to acquire a boutique block of 9 apartments, only 12 months old!
'Tibouchina Highlife' is a stunning, well designed apartment complex consisting of 9 beautiful residential apartments. Each apartment has been well appointed, comes with modern appliances (still under warranty), stylish and functional kitchen and bathroom and a large balcony area.

The complex is fully rented, highlighting the strength of the area and the appeal of the property. 'Tibouchina Highlife' is a first class investment opportunity, right in the heart of The Gold Coast! Generating an annual income of $204,859 per annum, the property also comes with significant depreciation advantages and assured capital growth in the future.

Ideally located right on the G:Link Rapid Transit Line in Southport, adjacent to the CBD and only 450 metres to the stunning Gold Coast Broadwater and surrounding park lands. Other key locations within close proximity include:
• Commonwealth Games Aquatic Complex- 950 metres
• Australia Fair Shopping Centre- 500 metres
• G:Link Light Rail Station- 200 metres
• Woolworths- 350 metres

As the old property cliché goes ... Position Position Position!
As the building is only 12 months old, there is still the balance of builder's warranty in place (approx. 6 years), giving you complete peace of mind!

High calibre investment opportunities in high profile locations, like this, are very rare. Given the age and quality of the building, the strong financial performance and the ideal location in Southport, this is an opportunity not to be missed!

Please contact Robert Peel of Ray White Southport or Adam Young of Ray White Commercial Gold Coast for more information or to arrange a confidential inspection.

*Approx

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

Disclaimer:
Ray White has not independently checked any of the information we merely pass on. We make no comment on and give no warranty as to the accuracy of the information contained in this document which does not constitute all or any part of any offer or contract by the recipient. Prospective purchasers / lessees must rely on their own enquiries and should satisfy themselves as to the truth or accuracy of all information given by their own inspections, searches, inquiries, advices or as is otherwise necessary. No duty of care is assumed by Orchid Avenue Realty trading as Ray White Surfers Paradise Commercial divisions toward the recipient with regard to the use of this information and all information given is given without responsibility.