After reviewing a bunch of newly listed million dollar mansion on the Gold Coast. It's worthwhile having a look at the other end of the spectrum. Not so much bargain buys, but extremely cheap face value buys.
The criteria we are using here:
- Must be inhabitable by anyone (excludes retirement only, student only accomodation, holiday let only, investment only)
- Must have a bedroom (excludes studios), minimum 50m2
- Under A$200,000
- Not under contract
Mermaid Beach property. $164,950
http://www.realestate.com.au/property-unit-qld-mermaid+beach-115457583
Small but functional space. Great entry level property to live in or invest. Spacious for one, but a bit cramped for 2. I suspect Body corp for this place to be high. Also check the sinking fund, and upcoming planned repairs.
http://www.realestate.com.au/property-apartment-qld-surfers+paradise-115780619
This one is worth a look. If you have the budget to buy them all, you are looking at great redevelopment potential!
http://www.realestate.com.au/property-unit-qld-labrador-115763895
Spacious split level unit. Too bad there is not a proper bedroom in this one. I don't like the idea of cooking smoke to come through to the sleeping area. Location is great for those who like a morning walk by the beach.
http://www.realestate.com.au/property-unit-qld-surfers+paradise-115600627
No work required for this one. Nearly all done. Well set up for a small unit, excellent use of space.
http://www.realestate.com.au/property-unit-qld-labrador-114222447
An oldie but a goodie. Low body corp, spacious for a 1 bedder, good location.
The criteria we are using here:
- Must be inhabitable by anyone (excludes retirement only, student only accomodation, holiday let only, investment only)
- Must have a bedroom (excludes studios), minimum 50m2
- Under A$200,000
- Not under contract
Mermaid Beach property. $164,950
http://www.realestate.com.au/property-unit-qld-mermaid+beach-115457583
Small but functional space. Great entry level property to live in or invest. Spacious for one, but a bit cramped for 2. I suspect Body corp for this place to be high. Also check the sinking fund, and upcoming planned repairs.
29 Leonard Avenue 'Poinciana Lodge' Surfers Paradise Qld 4217. Asking $128,000 each
This one is worth a look. If you have the budget to buy them all, you are looking at great redevelopment potential!
12/143 Frank Street Labrador Qld 4215. Asking Offers over $160,000
Spacious split level unit. Too bad there is not a proper bedroom in this one. I don't like the idea of cooking smoke to come through to the sleeping area. Location is great for those who like a morning walk by the beach.
27/7-15 Monte Carlo Avenue Surfers Paradise Qld 4217. Asking $189,000
http://www.realestate.com.au/property-unit-qld-surfers+paradise-115600627
No work required for this one. Nearly all done. Well set up for a small unit, excellent use of space.
3/5 PROUD STREET Labrador. Asking $159,000
An oldie but a goodie. Low body corp, spacious for a 1 bedder, good location.
12/4 Adori Street Chevron Island Qld 4217. asking $170,000
Good location. spacious 1 bedroom unit with balcony. built in wardrobes. liveable for a couple.
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