2/7 Upper Gay Terrace, Kings Beach Qld 4551

Kings Beach Cracker with Ocean Views

House Sold - Kings Beach Qld

Calling all investors. This spacious two bedroom, east facing unit with ocean views currently represents a very healthy 5% return but has huge potential to improve returns with some minor renovations, and puts you in an ideal position to take advantage of future capital gains.

The unit is on the first level of a small complex of 6 units high on the hill at Kings Beach. The unit has a large open plan living/dining/kitchen area with glass sliding doors opening out onto a balcony that provides some ocean views and captures the wonderfully cooling sea breezes.

Located within easy walking distance of some of the best beaches and café/shopping & entertainment facilities on the Sunshine Coast, and with low body corporate, this unit really puts you in a great position for future capital gains. The unit is currently rented for $310.00 per week with a long term tenant in place.

Other features include:

• 2 bedrooms with BIR and ceiling fans
• Spacious Main Bathroom incorporating laundry facilities
• Well planned kitchen with views south to beaches of Bribie Island
• Open plan living/dining area that flows out onto the balcony
• Private 6.7m x 1.7m balcony with ocean views
• Remote control SLUG with mezzanine storage area
• Complex is fully secured and pet friendly

Priced to sell at offers over $300,000.00

Contact David Radcliffe from 4551 Property Group on 0407 780 500 to arrange your inspection today.