Bought Well • Interstate Family Secures Prime Beachfront Investment in Broadbeach
Investing in a property that serves as both a holiday home and a high-performing asset is a dream for many families. One of our recent clients—an interstate family—made this dream a reality by purchasing a stunning beachfront apartment in Broadbeach. This 2-bedroom, 2-bathroom, 1-car apartment, purchased off-market for $1,165,000, offers never-to-be-built-out ocean views and strong potential for long-term capital growth.
A Beachfront Gem in the Heart of Broadbeach
The property is located in the prestigious "Beach Haven" building, a tightly held and highly sought-after complex known for its prime beachfront location. The apartment is fully renovated, featuring modern finishes and offering unparalleled ocean views that will remain protected from future development. Being part of a tightly held building, this unit is a rare find, which speaks to its strong investment potential in the long term.
Off-Market Purchase for $1,165,000
By securing this apartment off-market, we were able to provide our clients with a significant advantage in a highly competitive property market. Working closely with the expert team at @ladiesthatlist, we identified this exceptional property before it became widely available, allowing our clients to acquire a premium unit without the stress of competing offers. Off-market deals like this ensure exclusive access to high-quality investments in tightly held areas like Broadbeach.
Strong Rental Yield and Flexibility
One of the key advantages of this property is its versatility as both a holiday home and an investment. Currently tenanted at $1,000 per week, the apartment already generates solid rental income. However, our clients also have the option to place the unit within the holiday letting pool, which could yield an annual return of $85,000+—a fantastic option for those looking to maximise their income during peak tourist seasons. This flexibility allows our clients to enjoy their beachfront getaway while still reaping the benefits of a high-performing investment.
Beach Haven: A Premium Building with Recent Refurbishments
The "Beach Haven" building, located on a sprawling, prime beachfront landholding, has recently undergone a full refurbishment, further enhancing its appeal and value. The modernised facilities, paired with the building’s established reputation and prime location, make this property even more desirable for tenants and holidaymakers. Its proximity to world-class amenities, shopping, dining, and entertainment in Broadbeach adds to its allure as a premier holiday destination.
Why This Property Was the Perfect Investment
Never-to-Be-Built-Out Views: The apartment’s oceanfront views are protected from future development, ensuring that its value and appeal remain strong for years to come.
Strong Rental Returns: With a current rental income of $1,000 per week and the potential to earn $85,000+ annually through holiday letting, this property delivers excellent rental yields.
Long-Term Capital Growth: Beachfront properties in tightly held buildings like "Beach Haven" are known for their long-term capital appreciation, driven by limited supply and high demand.
Recent Refurbishments: The building’s recent renovations and high-quality facilities make it even more attractive to both tenants and holidaymakers, further increasing its investment potential.
Broadbeach: A High-Demand Location for Holiday Homes and Investments
Broadbeach is one of Queensland’s most desirable coastal suburbs, known for its stunning beaches, vibrant lifestyle, and proximity to the Gold Coast’s best attractions. It’s a popular destination for tourists, making it an ideal location for holiday rentals. The combination of beachfront living and a thriving local economy has led to strong capital growth in the area, making it a smart choice for property investors.
Looking for a High-Performing Beachfront Investment?
If you’re an investor or a family looking for a holiday unit that can double as a high-performing investment, properties like this renovated beachfront apartment in Broadbeach offer the perfect solution. With strong rental returns, long-term capital growth potential, and the flexibility of holiday letting, it’s an investment that pays off both financially and as a dream vacation home.
Start building your property portfolio with a smart investment in a prime location—just like our clients did with this spectacular Broadbeach apartment!
