Dwell Serviced Apartments - SOLD

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Sold for 9,400,000 AUD Date of Sale: November 2011
Rooms: 43
Price Per Room: 218,605 AUD
Property Id : 30603

CB Richard Ellis are pleased to offer for sale “in one line” the outstanding Dwell Apartment Complex, a brand new residential development at Bargara, Queensland.

Dwell consists of 43 unfurnished apartments, including penthouse’s, most with beachfront views, a large swimming pool, barbeque and entertainment area, and secure basement car parking.

Prospective purchasers are offered the opportunity to purchase this portfolio of high quality residential stock, at a wholesale price; and either sell-down individually at retail levels to realise immediate gains or hold to enjoy the steady capital growth and stable income from residential letting options. The property also has potential for holiday letting/ resort operation.

Dwell is located at 107 Esplanade in Bargara, opposite the beachfront. Bargara is situated just twenty minutes from Bundaberg Airport and only 14 kilometres east of the city of Bundaberg and approximately four hours drive from Brisbane Located in the heart of the highly acclaimed Woongarra Marine Park, repeatedly rated as one of Australia’s top ten shore diving locations. The Woongarra Marine Park has fringing coral reefs which lie along the Bargara coast line, with thousands of species of coral on the shore line. Bargara is also home to some of the most pristine beaches in Australia and is the largest of the seaside townships.

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