Attention all Investors! High-yielding investment property in a Bluechip location! Located in a very quiet cul-de-sac street within the beautiful 'Madison Gardens' Estate which sits on the border of Ashmore & Benowa, this stunning villa is an excellent buying opportunity for the astute investor looking for a high-yielding investment property in a prime location. Madison Gardens is a well-maintained and well-managed gated complex that offers a range of facilities for its residents including a stunning communal entertaining area surrounding a large Tropical Pool, BBQ area, Billiard Room, Jacuzzi, Sauna & Gym. This gorgeous complex is popular with families as it backs directly onto a large recreational reserve and playground area and is within easy walking distance to local shops, conveniences, and schools. Villa 52 has been recently updated with brand-new carpets and has an excellent tenant in place till February 2024 and the current lease is $480 per week. Body corporate fees are $78 per week which is very low considering the level of amenities on offer within the complex. This spacious Villa features an open plan kitchen, living and dining area with air conditioning, ceiling fans, modern finishes, and brand-new carpet. A generously sized modern kitchen features a breakfast bar, wall oven, plenty of cupboard space, and a new halogen cooktop. There is a large King size bedroom with a modern ensuite bathroom with integrated laundry and the master bedroom has access to a private rear low-maintenance courtyard area. Auto lock-up garage with access to the rear garden courtyard plus there are plenty of visitor parking bays for guests within the complex. Being one of the most central suburbs on the Gold Coast, Ashmore is in a prime location for solid future growth. Countless parks, shopping centres, schools, medical centres, and sporting facilities. Via main arterial roads, you are also only minutes away to beaches, the Broadwater, restaurants/cafes, CBD, Griffith University, Public & Private Hospitals and the M1 giving access to Brisbane & Coolangatta airports. You really are minutes from everywhere on the Gold Coast. For further information and to arrange an inspection please contact Peter Jarmer on 0423 009 843. Property Features: - • Open plan living/dining area with A/C and ceiling fan. • Generously sized modern kitchen • Large bedroom with built-in robe and ceiling fan. • Bathroom with bath/shower and laundry area • Auto lock up garage • Rear courtyard/low-maintenance garden • Security gated complex with a Manager onsite • Large pool and BBQ area with a Jacuzzi, Sauna & Gym • Close to beaches, shops, schools, parks, and public transport Financial Information: - • Body corp. fees approx. $78 p/w • Water rates approx. $313 per quarter • Council rates approx. $1,124 for 6 months • Current lease $480 per week till February 2024 Disclaimer: All information (including but not limited to the property area, floor size, price, address, and general property description) is provided as a convenience to you and has been provided to McGrath by third parties. Consequently, McGrath is unable to definitively attest to the listed information's accuracy. McGrath does not accept any liability (indirect or direct) for any injury, loss, claim, damage or any incidental or consequential damages, including but not limited to lost profits arising out of or in any way connect with the use or dissemination of any information, or any error, omission, or defect present within the information as appearing on the Website. Information appearing on the Website should not be relied upon and you should attend to your own personal enquiries and seek legal advice (where required) with respect to any property on the Website. Please also note, the prices displayed on the Website are current at the time of issue but are subject to change.