1 Bedroom Apartment for Sale in HOPE ISLAND 2010/56 John Lund Drive

2010/56 John Lund Drive HOPE ISLAND

SOLD by The Edgar Natolo Team

Lifestyle resort living or an incredibly ideal investment, this bright and convenient fully furnished studio unit is ideal for first home buyers, down-sizers or investors looking to secure a foothold in the property market.

The studio apartment has an open plan living area which flows out through glass sliding doors onto the balcony overlooking the pool and marina. Market Rent is $270 to $290 per week on a fixed lease agreement.

Hope Harbour is tucked away in the tranquil waterways of the northern Gold Coast at Hope Island. It offers the perfect launch pad to explore and experience the region's endless list of attractions and things to do, including theme parks, world-famous beaches, stunning hinterland, acclaimed golf courses and sophisticated dining and entertainment precincts of Sanctuary Cove, Hope Island & Paradise Point. With its stunning waterfront setting, it is the ideal location to live in, invest or use as a holiday home.

Standout features include:
• Fully furnished studio unit
• Bathroom
• Kitchenette
• Air-conditioning
• Basement parking
• Blue chip location in an attractive price range

Internal living space 36m2, balcony 6m2 and carpark 14m2

Body Corporate: $99.96 per week (inclusive of admin & sinking fund plus building insurance)
Council Rates: (all charges are per 6 month billing cycle)
• Category 3T - Tourist Rental minimum $1208.50 (currently charged at)
• Category 2T - Permanent Rental or Non-Principal Place of Residence min $597.50
• Category 1T - Principal Place of Residence minimum $497.58
Electricity: is a shared component of single meter, a set price of $110 per month is being charged against each unit.


Borrowing funds?
Due to the following factors:
• Size of the studio apartment being under 36 squares of "living space"
• Being a studio it has a kitchenette not full kitchen
• Being a studio it is does not have a "separate bedroom"
• Being located in a Hotel or Resort
Banks will not lend over 80% of the sale price. You WILL need 20% deposit or equity used from another property in order to avoid these issues with Mortgage Insurers which is needed when borrowing over 80%.

Contact The Edgar Natolo Team for an Inspection on 0404 450 380.



*Disclaimer: We have in preparing this information used our best endeavours to ensure that the information contained herein is true and accurate, but accept no responsibility and disclaim all liability in respect of any errors, omissions, inaccuracies or misstatements that may occur. Prospective purchasers should make their own enquiries to verify the information contained herein.*

The Edgar Natolo Team