Apartment complex,exclusive unique opportunity

Looking for the silver bullet with a unique and exclusive one-in-a-million opportunity for a four-only apartment complex, 125m to the Noosa River

foreshore, and on the doorstep of Gympie Terrace? This is it.

The gated quiet complex, in a prized location of Noosaville is aptly named Tranquility. The two 2-bedroom 2-bathroom, plus two 1-bedroom 1-bathroom apartments, each has a single car space, storage for bikes and kayaks, and been partially refurbished in recent years.

The 2-bedroom apartments, for example, have tiled open-plan living spaces with bi-fold doors out to a terrace, a well-equipped kitchen, hideaway laundry plus carpeted bedrooms with built-in robes.

Apart from the lifestyle value, the solid return on investment is undeniable. The gross total income per annum is approx $97,000 and there are leases currently in place for each apartment well into 2022.

The location really is second-to-none. Several doors away is the water’s edge, a boardwalk for delightful sunsets, watching activity on the river,

casting a rod for delicious flathead, or walking a few steps further where it joins with Gympie Terrace and myriad well-known restaurants, cafes,

bars, and take-outs beckon. There are jetties to catch the Noosa Ferry to Hastings Street, leisure craft hire companies, shallow waters for safe

swimming and adjoining parkland dotted with gazebos.

“Unique investment opportunities so close to the water and in such a prestigious location are ultra-rare,“ explains Tom Offermann Real Estate agent Nic Hunter who will be taking the 4-apartment complex to auction in one line on Friday 17 December 2021. “This is the domain of the canny and on the wish list of many looking for the magical power of a silver bullet in Noosa, Australia’s favourite holiday destination.“

Facts & Features:

– Land Size: 597m2

– Apartments: #3 & # 4 top floor – 2 x 2 bedroom / 2 bathroom, one street side, other at rear; #1 & #2 ground floor 2 x 1 bedroom/1 bathroom, one street side, other at rear with small terrace; 4 x single car spaces; area 1 bedroom 69m2, 2/2 bedroom 71m2 plus courtyards & carports; complex street frontage walled w secure gate; well-maintained complex &; gardens; partially refurbished apartments; built 1970 in suspended concrete

– Complex ROI: zoned high density residential; 4 leases in place well into 2022; gross rental return $1870 per week/$97,240

Annually.

– Location: 125m to Noosa River foreshore; close to Gympie Terrace, Quamby Place, Noosa Village shopping precinct, Hastings Street,

Noosa Main Beach & Noosa National Park