Property Sold By The Edgar Natolo Team on Thursday 24 June, 2021

SOUTHPORT

15/154 Musgrave Avenue
1 1 1 0

UNDER CONTRACT

Located in the lush green and tranquil Sphere condominium development is this modern 1st floor apartment situated in the Casuarina E3 Building on Mcllure Avenue.

It is walking distance to Griffith University, Gold Coast University Hospitals, Southport Sharks, The Smith Collective with cafe's and restaurants plus the G:Link light rail system.

Features of this spacious unit include:
• 90sqm of living space inclusive of outdoor alfresco area (72m² internal + 18m² balcony)
• Chefs kitchen with plenty of storage
• Large bedroom with air-conditioning, ceiling fan & walk through robe
• Large 2-way bathroom which includes a European style laundry + storage
• Separate powder room
• Study nook with desk & shelving
• Spacious living/dining area with air-conditioning & ceiling fan
• One of the largest outdoor alfresco areas shaded by the adjoining large green space & trees
• Secure underground single car park with your own storage cage
• Pet friendly

Facilities include:
• Fully equipped gym
• Lap pool
• Plunge pool
• Heated spa, sauna & steam room
• Function room
• BBQ + entertaining areas
• Visitor parking

Rent Return:
• Currently leased at $390 per week until 3rd August 2021.
• The current market value is $450 per week (comparable same unit leased in April 2021)

Expenses:
• Gold Coast City Council Rates: $939.54 per 6 months
• Gold Coast City Council Water Rates (based on unit contribution): approx $350 per quarter
• Body Corporate per year: (Admin fund $3,994.93 + Sinking Fund $1,367.67) This is full rate, no discounts apply.

$309,000
1 1 1 0

15/154 Musgrave Avenue SOUTHPORT

UNDER CONTRACT

Located in the lush green and tranquil Sphere condominium development is this modern 1st floor apartment situated in the Casuarina E3 Building on Mcllure Avenue.

It is walking distance to Griffith University, Gold Coast University Hospitals, Southport Sharks, The Smith Collective with cafe's and restaurants plus the G:Link light rail system.

Features of this spacious unit include:
• 90sqm of living space inclusive of outdoor alfresco area (72m² internal + 18m² balcony)
• Chefs kitchen with plenty of storage
• Large bedroom with air-conditioning, ceiling fan & walk through robe
• Large 2-way bathroom which includes a European style laundry + storage
• Separate powder room
• Study nook with desk & shelving
• Spacious living/dining area with air-conditioning & ceiling fan
• One of the largest outdoor alfresco areas shaded by the adjoining large green space & trees
• Secure underground single car park with your own storage cage
• Pet friendly

Facilities include:
• Fully equipped gym
• Lap pool
• Plunge pool
• Heated spa, sauna & steam room
• Function room
• BBQ + entertaining areas
• Visitor parking

Rent Return:
• Currently leased at $390 per week until 3rd August 2021.
• The current market value is $450 per week (comparable same unit leased in April 2021)

Expenses:
• Gold Coast City Council Rates: $939.54 per 6 months
• Gold Coast City Council Water Rates (based on unit contribution): approx $350 per quarter
• Body Corporate per year: (Admin fund $3,994.93 + Sinking Fund $1,367.67) This is full rate, no discounts apply.

The Edgar Natolo Team