Property

Description

Andiamo apartments is located in the heart of Hope Island. A resort style complex of 72 apartments across 5 buildings (max 6 levels)

38-42 Broadwater Avenue, Hope Island, QLD 4212

• 1 bed + study from $535,000 (86sqm - 93sqm total sizes)
• 2 bed apartments from $635,000 (96sqm - 105sqm total sizes)
• Civil works commenced
• Completion targeted mid 2025
• 5% - 5.5% rental yields
• Just 1.8% vacancy rate
• Communal pool and BBQ facilities for residents to enjoy
• Onsite manager
• Low body corporate fees; average $70pw ie. $3,500pa

Quick Facts & Market Commentary:

• Gold Coast is set to grow by 40% to over 1million people over the next 20 years.
• The apartment market in the Gold Coast is now one of the most stable in the country with high demand and low supply
• Hope Island is located in the North Gold Coast and is considered one of the most exclusive and sought after suburbs
• Median house price is $1.5 million and median apartment price is $850,000
• Hope Island is a close knit community known for its world class course golf courses, deep canal marinas, waterfront resorts, excellent dining and shopping

• Floor Plans