The Beaches Luxury Resort is a sought after complex for tenants - and an ideal investment with fantastic returns! The whole complex is immaculate - with on site managers keeping the resort in tip top condition! Very well managed - quiet and extremely well maintained. As soon as a unit is listed for rent in the complex - it is snapped up immediately and there is usually 10 or more applicants to choose from. This unit is currently tenanted until January 2023 with long term tenants in place who absolutely love living here paying $345 per week. Rent is scheduled to increase annually - January 2021 it will increase to $355 per week, Janualy 2022 it will increase to $360 per week. Investors this is a Gross yield of 7.5% and increasing annually. Contact agent for a private inspection. * Body corp $4600 per year - includes insurance * Three swimming pools to choose from * Gymnasium - no more gym fees * Tennis court * Located on the second floor * Pool and mountain views * Cool breeze all year round * Just 5 minutes from James Cook Uni! * Just 5 minutes from Shopping Centre * Cinema and parks close by