Apartment Complex, 125m to Noosa River Foreshore, Exclusive Unique Opportunity

Looking for the silver bullet with a unique and exclusive one-in-a-million
opportunity for a four-only apartment complex, 125m to the Noosa River
foreshore, and on the doorstep of Gympie Terrace? This is it.

The gated quiet complex, in a prized location of Noosaville is aptly named
Tranquility. The two 2-bedroom 2-bathroom, plus two 1-bedroom 1-bathroom apartments, each has a single car space, storage for bikes and
kayaks, and been partially refurbished in recent years.

The 2-bedroom apartments, for example, have tiled open-plan living
spaces with bi-fold doors out to a terrace, a well-equipped kitchen,
hideaway laundry plus carpeted bedrooms with built-in robes.

Apart from the lifestyle value, the solid return on investment is
undeniable. The gross total income per annum is approx $97,000 and there are leases currently in place for each apartment well into 2022.

The location really is second-to-none. Several doors away is the water's
edge, a boardwalk for delightful sunsets, watching activity on the river,
casting a rod for delicious flathead, or walking a few steps further where
it joins with Gympie Terrace and myriad well-known restaurants, cafes,
bars, and take-outs beckon. There are jetties to catch the Noosa Ferry to
Hastings Street, leisure craft hire companies, shallow waters for safe
swimming and adjoining parkland dotted with gazebos.

"Unique investment opportunities so close to the water and in such a
prestigious location are ultra-rare," explains Tom Offermann Real Estate
agent Nic Hunter who will be taking the 4-apartment complex to auction
in one line on Friday 17 December 2021. "This is the domain of the canny
and on the wish list of many looking for the magical power of a silver
bullet in Noosa, Australia's favourite holiday destination."

14 Howard Street, Noosaville.
1, 2, 3 & 4 Tranquility/14 Howard Street Noosaville

Auction: Friday 17 December 2021 11am
Facts & Features:

- Land Size: 597m2
- Apartments: #3 & # 4 top floor - 2 x 2 bedroom / 2 bathroom, one
street side, other at rear; #1 & #2 ground floor 2 x 1 bedroom/1
bathroom, one street side, other at rear with small terrace; 4 x
single car spaces; area 1 bedroom 69m2, 2/2 bedroom 71m2 plus courtyards & carports; complex street frontage walled w secure gate; well-maintained
complex &; gardens; partially refurbished apartments; built 1970 in
suspended concrete
- Complex ROI: zoned high density residential; 4 leases in place well into 2022; gross rental return $1870 per week/$97,240
Annually.
- Location: 125m to Noosa River foreshore; close to Gympie Terrace,
Quamby Place, Noosa Village shopping precinct, Hastings Street,
Noosa Main Beach & Noosa National Park