BEWARE - DON’T INVEST IN THE WAVE BROADBEACH:
We have been involved in Broadbeach real estate since 2005 - resort sales/management in resorts with the best ocean views in Broadbeach CBD area, and the Southern (quiet) corner of Surfers Paradise. We specialist in Broadbeach realty.
At present our Broadbeach Realty (under our brand, "Gold Coast Luxury Apartments") is concentrating on short-term holiday accommodation, particularly for investors in apartments located in the Oracle Towers in Oracle Blvd or Elizabeth Ave, Broadbeach. We assist owners to manage their own apartments - rental income is paid directly into their bank accounts. They later pay us our fee.
At this stage, the best capital gains and rental returns are from apartments located in the Oracle in Broadbeach. Newish resorts like Ultra and Sierra Grand are not located in the Broadbeach CBD and unlikely to match the returns of those that are in the CBD area, like the Oracle.
INVESTORS NOTE: BROADBEACH APARTMENTS SALE PRICES ARE EDGING UP! We see in the Bulletin of 10 August and November 2013 that a last prices are going up. There is heavy Chinese buying. If you want to sell, don't tie up your apartment in long term rental.
Broadbeach Real Estate - Resort Apartments.
The Wave - own unit 2503
The Oracle resort.
Broadbeach on the Park - sold this in 2010.
NOTE: WE (SOKHOM PRINS AND HENDRIK PRINS) ORIGINALLY PURCHASED A TWO & A THREE BRM APT IN TOWER 1 IN 2006. WE KNOW THE DEVELOPMENT VERY WELL. IT IS THE BEST BY FAR IN THE GOLD COAST. THE DEVELOPER, NICON, HAS DONE A FANTASTIC JOB.