1 Bedroom Studio for Sale in HOPE ISLAND 2012/56 John Lund Drive

2012/56 John Lund Drive HOPE ISLAND

Calling ALL 1st Home Buyers or Savvy Investors

This is an opportunity not to be missed in the recently renovated Ramada Hope Harbour!

This studio apartment on the second level ready for new owners to live in, rent out on a permanent basis or use as a holiday home.

Bright and convenient, this generous fully furnished studio apartment enjoys northern aspect with views over the pool and marina. Ideal for for investors looking to secure a foothold in this luxury position.

Hope Harbour residents enjoy their own private access to the boardwalk, fringed by pristine waterways and decorated with recreational watercraft. Plus, it is just a short stroll to catch the Couran Cove Flier over to the Resort or if friends come over, dine at the cafes in John Lund Dr or at the new Hope Island Market Place.

Features of this fully furnished studio apartment include:

• Full bathroom
• Kitchenette
• Air-conditioning
• Secure car space
• Blue chip location with an attractive price range

• Internal living space - 41m²
• Balcony - 5m²
• Carpark - 14m²

Only 5 minutes to the restaurants and cafes of Paradise Point or the prestigious Sanctuary Cove where you can enjoy boutique shopping, classy dining, a round of golf or all your boating options from this excellent location plus located just 2km from the Broadwater on the Coomera River and the new shopping centre The Market Place with Woolworths and Aldi as well as numerous other branded shops and easy access to the M1 for commute to Northern NSW and Brisbane, this one really is not to be missed!

• Rent Return: This apartment is currently vacant, however others have been leased at $305 per week
• Body Corporate: $99.96 per week (inclusive of admin & sinking fund plus building insurance)

Pet Policy: Sorry NO pets allowed.

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/month is being charged against each unit.

Water Rates:
The Gold Coast City Council bill each apartment a shared apportionment. A very rough approximation is $250 to $350 per quarter.

Borrowing funds?
Due to the following factors:
• Size of the studio apartment being 41m² 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