High yielding permanent rental apartment

An excellent opportunity for the astute investor to capitalise on the high demand on Hamilton Island for permanent rentals.
This property has recently undergone a major and complete re-fit with brand new kitchen, bathrooms, laundry and flooring being completely refurbished. In addition, the exterior of the building is also undergoing a renovation making this a perfect, low maintenance investment.
Situated right in the heart of the permanent accommodation area, just 200 metres from the marina precinct and only 50 metres from the staff pool, restaurant and bar, this apartment will always be in high demand!
Boasting 3 large bedrooms, master with large ensuite, and 2 large bathrooms, this is a magnificent, sound and well loved apartment.
Currently rented on a month to month basis, returning $750 per week, the realistic 12 month lease return is forecast to be in the vicinity of $800 - $850 per week.
In addition, the tenants pay all utilities (power and water) making the investment potential even stronger.

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