Gold Coast apartment block will earn its new owners big bucks

first_img The three-storey building at 6 Tallebudgera Drive has six apartments. All the apartments have been renovated inside.“It’s all on one title, that’s what makes it really attractive to investors,” he said.“Because it’s all on one title, that’s the only way it can be sold.“Right now you could rent it out for $2500 a week for the whole thing.“It’s perfect for an investment.”Mr Stafford said the owners bought the 549sq m corner property in 2016 then spent about six months renovating the building. “They bought it in a pretty miserable state (so) they vacated the property and renovated it,” he said.More from news02:37International architect Desmond Brooks selling luxury beach villa9 hours ago02:37Gold Coast property: Sovereign Islands mega mansion hits market with $16m price tag1 day ago The building is about 200m from the beach and 500m from Tallebudgera Creek. It is about 200m to the beach and 500m to Tallebudgera Creek with public transport, cafes and restaurants close by.Mr Stafford said there was lots of demand for apartment blocks in the area as opportunities to buy them didn’t come up often.“It’s very rare at the moment,” he said.The unit block will go under the hammer at Ray White Broadbeach’s in-room auction event to be held at the Sofitel Gold Coast Broadbeach on January 23. MORE NEWS: Vacant block hits market for the first time in 40 years Video Player is loading.Play VideoPlayNext playlist itemMuteCurrent Time 0:00/Duration 0:40Loaded: 0%Stream Type LIVESeek to live, currently playing liveLIVERemaining Time -0:40 Playback Rate1xChaptersChaptersDescriptionsdescriptions off, selectedCaptionscaptions settings, opens captions settings dialogcaptions off, selectedQuality Levels720p720pHD540p540p360p360p270p270pAutoA, selectedAudio Tracken (Main), selectedFullscreenThis is a modal window.Beginning of dialog window. Escape will cancel and close the window.TextColorWhiteBlackRedGreenBlueYellowMagentaCyanTransparencyOpaqueSemi-TransparentBackgroundColorBlackWhiteRedGreenBlueYellowMagentaCyanTransparencyOpaqueSemi-TransparentTransparentWindowColorBlackWhiteRedGreenBlueYellowMagentaCyanTransparencyTransparentSemi-TransparentOpaqueFont Size50%75%100%125%150%175%200%300%400%Text Edge StyleNoneRaisedDepressedUniformDropshadowFont FamilyProportional Sans-SerifMonospace Sans-SerifProportional SerifMonospace SerifCasualScriptSmall CapsReset restore all settings to the default valuesDoneClose Modal DialogEnd of dialog window.This is a modal window. This modal can be closed by pressing the Escape key or activating the close button.Close Modal DialogThis is a modal window. This modal can be closed by pressing the Escape key or activating the close button.PlayMuteCurrent Time 0:00/Duration 0:00Loaded: 0%Stream Type LIVESeek to live, currently playing liveLIVERemaining Time -0:00 Playback Rate1xFullscreenOpen for inspection etiquette for buyers00:41 A Palm Beach apartment block is offering investors a sweet deal.A PALM Beach apartment block metres from the surf is offering its new owners the chance to rake in $2500 a week in rent.The three-storey building at 6 Tallebudgera Drive with six two-bedroom apartments and a manager’s office will go to auction later this month.Ray White Broadbeach agent Mark Stafford said its location and income opportunity made it so appealing, particularly among investors and developers. MORE NEWS: Win a $2.3 million prize homelast_img read more

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Sally Smith, 65, formerly of Oxford: July 31, 1948 – March 12, 2014

first_imgSally SmithSally Smith, 65, of Derby, formerly of Oxford died on March 12, 2014 at her home in Derby.Funeral Services will be held at 2 p.m. Tuesday, March 17th at the Oxford Funeral Service Chapel in Oxford. Visitation will be held from 3 p.m. until 8 p.m. on Monday, March 18th at the Oxford Funeral Service Chapel with the family receiving friends from 5 to 7 p.m. at the funeral home. A memorial has been established with the St. Jude’s Children’s Foundation. Contributions can be left with the funeral home. For further information or to leave a condolence please visit www.oxfordfuneralservice.comSally Lynnette McLaughlin was born on July 31, 1948 the daughter of James and Violet (Brown) McLaughlin in Concordia. She was a 1966 graduate of the Winfield high School. On June 1, 1969 she was united in marriage with Franklin Smith. Sally was a homemaker who enjoyed sewing, quilting and crafts. She liked to read and  most of all, loved her children, grandchildren and great grandchildren.Surviving to honor her memory are her children; Leslie Smith of San Diego, CA, Larry Smith and wife Teresa of Wichita, KS, Lynne Taylor and husband John of Augusta, AR, Ricky May of Derby, KS and Christi Elston and husband Mario of Arkansas City, KS, sister, Carol Bowman of Wellington, KS, 13grandchildren  and 8 great grandchildren.Preceding her in death are her parents, husband Franklin Smith in 2007, grandchildren; Aaron May and Jeffrey Taylor.last_img read more

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