PERFECT LIFESTYLE UNIT OR HIGH YIELD INVESTMENT

Committed Seller will consider all offers.

Every so often an opportunity arrives when you simply must capitalise! This stunning apartment provides this opportunity to owners and investors alike.
Located in a North-facing upper corner position within the landmark Hotel Gloria, a quality serviced apartment complex in the heart of the booming Springwood business district and renowned as the outstanding address in Logan City for either long term or short-term stays. Offering 4-star facilities, hotel level security and services, walking distance to shopping centres, bus station with city services, restaurants and cafes, parks, schools and a 1-minute drive to M1, this is a standard above in apartment accommodation.

The 1-bedroom apartment is fully furnished with a modern kitchen with contemporary appliances, an expansive lounge/dining room, covered balcony with uninterrupted views to the North all the way to Brisbane. A large king size bedroom with built ins and a bathroom/laundry combo. Both rooms are airconditioned for all year comfort. Gated garage parking with secure key access to building and lift. The Hotel complex offers 24-hour secure access, 7-day concierge, lap pool, gymnasium, BBQ and entertaining area and a bar, café and restaurant on the ground floor. All this combined makes this apartment most desired by tenants or homeowners who are looking for ultra-low maintenance and easy life style.

Property features:
• Open plan lounge dining/area
• Fully-equipped kitchen with lots of storage and bench space
• Private balcony with uninterrupted views
• Spacious bedroom with built-ins
• Air-conditioned
• Bathroom/laundry with bath/shower combo
• Upper level location
• Fully furnished (please ask for an inventory list)
• Secure undercover car park and lots of guest parking
• Hotel facilities including gym, lap pool and BBQ/entertaining area
• Restaurant, bar within the complex

Rent:
• This apartment is currently tenanted, returning $400 per week
• The current rental yield is 7.0% (based on last purchase price and current rent)

Properties in this location are in high demand and a great investment opportunity with an updated rental appraisal of $400 to $450** per week.

** The opinion of achievable rental income has been prepared solely for the information of the client and not for any third party. Although every care has been taken in arriving at the figure, we stress that it is an opinion only and not to be taken as a sworn valuation.

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Disclaimer: Whilst every effort has been made to ensure the accuracy of these particulars, no warranty is given by the vendor or the agent as to their accuracy. Interested parties should not rely on these particulars as representations of fact but must instead satisfy themselves by inspection or otherwise. Although high standards have been used in the preparation of this document, no legal responsibility can be accepted by Professionals Collective for any loss or damage resulting from the content or the use of this information. Any photographs show only certain parts of the property as they appeared at the time they were taken. Areas, amounts, measurements, distances, and all other numerical information is approximate information only.

Property ID: 1277361