3/9 Rosewood Avenue

TO ARRANGE AN INSPECTION - CONTACT HERBIE *Considering the lack of comparable sales for this property, the asking price has been calculated according to previous offers received and the following square meterage calculations: 148sqm internal floor size x est. Broadbeach location value of $9,100 per sqm = $1,346,800 42sqm balcony size x est. Broadbeach location value of $5,000 per sqm = $210,000 2 dedicated car spaces x est. Broadbeach location value of $50,000 each = $100,000 Total estimated square meterage value + car spaces = $1,656,800 Herbie is excited to share this boutique offering with you - a dual level penthouse in one of the greatest locations on the Gold Coast! This is one of the biggest three bedroom apartments in Broadbeach, putting it in a unique asset class. Built in 2003, the thoughtful design of this building accommodates privacy and space while delivering the homeliness of townhouse-style living. This makes it perfect for anyone wanting an authentic alternative to the majority of copy and paste apartment complexes in this coastal suburb. Imagine waking up, walking down the stairs and to the beach in all of 5 minutes... or into the heart of city Broadbeach's cafés, nightlife and dining in 10! That's a reality for those living on Rosewood. When you want to explore further, the G:link light rail is just around the corner, giving you effortless travel up and down our beautiful golden coast. To the current residents, this penthouse home has been their castle. They've even installed voice-controlled smart home technology throughout so you know that under this roof, what you say really goes! Now, it's their time to let go, and they welcome you to come and feel the same way they did when they first moved in... completely in love! Property Features: - Generous 190m² layout with 8-foot high ceilings, designed for comfortable living and outdoor entertaining - Three outdoor areas, two downstairs and a large upstairs terrace - Open-plan downstairs living with a south-facing balcony - Updated kitchen with large pantry - Two bedrooms downstairs with build in robes - Second North-facing balcony off the downstairs bedroom - Top level dedicated exclusively to the master suite - Spacious walk-in robe - Ensuite with bubble spa and separate shower - Expansive upstairs terrace is perfect for BBQs, sun lounging and pets - Hallway with built-in storage, laundry and study nook. - Additional storage under stairs - Downstairs bathroom includes both bathtub and separate shower - Voice-controlled smart lighting throughout - Smart-lock enabled front door for coded entry - Two secure basement car spaces - Pet friendly residence Location Benefits: - Located between Broadbeach park and Cascade Gardens - 5 minute walk to the beach - 10 minutes walk to Broadbeach business district, shopping centre, exhibition centre, casino, bowls club, markets and premium dining - 5 minute tram ride or drive to Pacific Fair Shopping Centre Airbnb Holiday Letting Potential: 8%+ yield return on investment if you go through Airbnb Nightly Rate Range: $580 per night low season and $2,000 per night high season Special Events (Gold Coast 500, New Year's Eve): Premium rates achievable upon request Estimated Occupancy: Approx. 273 nights/yea Estimated Gross Income: $170,000/year Fully Managed with Owner Flexibility Outgoings: - Low body corp: $70 approx. weekly (Charged in bi-yearly instalments of $1,837 approx.) - Council rates: $3,737 approx. yearly (Charged in bi-yearly instalments of $1,868 approx.) - Water rates: $1,516 approx. yearly (Charged in quarterly instalments of $379 approx.) 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. * denotes approximate measurements.