3/5 Ibis Street, Peregian Beach

The Terraces on Ibis Street – 500m to Village

Make no mistake ladies and gentlemen, this is the last of the great deals of 2019, so be quick to act on this two bedroom unit in The Terraces building on Ibis Street. If you are not familiar with Ibis Street, it connects the David Low Way to the highly prestige Pelican Street, which means you are in very good company when it comes to strong property values. The complex is just 500m to the Peregian Beach Village and IGA supermarket and a little further than that to the patrolled beach.

In a small complex of four units with very reasonable yearly body corporate fees. Opportunities like this don't come along that often. There is a pool in the complex, and each owner has a single carport space. The unit is very original and minimalistic, which is great, as you can modernise and upgrade this space easily, bringing it into 2020. The owners have completed some upgrades, including a new shower and vanity in the upstairs bathroom and have fitted new blinds throughout. What I think is fantastic about this unit is the abundance of natural light streaming in through all the large windows. The property is quite elevated so you can take in some nice hinterland views from the kitchen and upstairs bedroom. The solid block construction keeps the unit cool throughout the day.

There is so much scope to upgrade this unit without overspending and you are so close to the beach. You can leave the car at home, carry your groceries back from the IGA, or even jump on the great public transport which runs North and South along the David Low Way. This is the last of the great deals for 2019, so be quick to submit an offer and this exceptional property could be your new home or investment property.

Body Corporate Fees:
Administration: $2,700 p/a (minus 20% if paid on time)Sinking Fund: $1,031.25 p/a (minus 20% if paid on time)Balance of Sinking Fund +$11,025.65 (31/08/2019)

Property Features

• Carports 1
• Pool