Introducing an exceptional investment opportunity in the vibrant heart of Surfers Paradise, where the allure of coastal living meets the promise of solid returns. Situated in the coveted heart of Surfers Paradise, this property benefits from the dynamic lifestyle and amenities the area has to offer. Residents and tenants alike can enjoy the convenient proximity to the beach, entertainment precincts, shopping, and dining options just a stroll away. This property boasts a compelling 5.8% yield, making it an attractive prospect for savvy investors seeking both capital growth and consistent income. The presence of the existing tenant until August 2024, adds an element of stability to this investment. Enjoy the peace of mind that comes with reliable occupancy, contributing to a hassle-free investment experience. This property includes but is not limited to: Positioned on the second level Open plan kitchen, living and dining area 1 Bedroom with a built-in robe 1 Bathroom 1 Secure lock-up garage Plenty of additional free street parking available Communal laundry in the complex With a very low Body Corporate fee of approximately $34 per week including building insurance & complex maintenance. Don't miss out on this prime investment opportunity that combines location, high rental yield, long-term stability and future development potential. Whether you're an experienced investor or someone looking to enter the property market, this property offers an enticing package of financial potential and lifestyle appeal. Secure your investment in one of Australia's most iconic coastal destinations today! Information contained on any marketing material, website or other portal should not be relied upon and you should make your own enquiries and seek your own independent advice with respect to any property advertised or the information about the property.