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Ocean Glimpses - Bright and Sunny Rooftop in Winter, Private

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Ocean Glimpse
  • #163Property ID:
  • [link]Link
  • 2 dual keyBed
  • 2Bath
  • 1Car
  • 252m2Area
'Sea Temple Palm Cove'
Triton St
Palm Cove
$775,000 Fully Furnished

MAKE ENQUIRY
Two bedroom penthouse positioned in the complex with a bright and sunny rooftop to enjoy the winter sun in private. The rooftop area extends further forward than some of the other penthouses and facing towards the ocean there are some ocean and Double Island glimpses to enjoy.

Approximate areas :
Total Penthouse 252m2
Two bedroom unit 126m2
Penthouse Rooftop 126m2

Good income with a continually improving nett income stream over the last 3 years.

Higher than average lot entitlement which is the basis of formation for your monthly income.

Priced to sell, you can enjoy the capital growth that this penthouse will achieve over time. This apartment is effectively cash neutral from a taxation perspective on 50¢ tax rate in the dollar when managed by the on-site management, upon deduction of all expenses i.e. true nett of expenses.

Alternative management options are for off-site management where this apartment also has the added benefit of extra income being a Dual Key penthouse.

An additional taxation benefit is that full depreciation is available as the current owners have not claimed deductions.

Price $775,000 (Fully Furnished - Full Depreciation Available)

Should you be considering selling your property please do not hesitate to contact us - we are here to help you

Grant Freeman 0417 159 357 (Intl +61 417159357