29/138 Ferny Avenue, Surfers Paradise, QLD, 4217, Australia

Are you looking for a holiday bolt-hole that will earn you a positive return with minimal effort?

This generously sized 1 bedroom apartment is located in the incredibly well-run Sovereign Alpha Resort. The complex offers an amazing location, a huge resort-style pool, spa, gym, sauna etc.

This unit offers so much: 2 blocks from the beach, 1 block from light rail, an easy walk to surfers.

Zoned as a commercial unit there are lending restrictions to navigate but this is an amazing investment opportunity. Perfect for self-managed supers of cashed-up investors (50% lending rates apply)

The unit currently has a permanent tenant but the unit is perfectly suited to Short term letting offering higher yields.

Viewings by appointment. Please give us a call for more information.