Case Study November 2021
Investment property sourced, negotiated and secured by EKR Property
2 bedroom apartment
We secured this Noosa Heads resort apartment at an auction for a Queensland-based investor after competing with about 15 registered buyers.
• Property type: Resort apartment - 2 bed, 2 bath, 1 car
• Location: Noosa Parade, Noosa Heads
• Buyer: Qld-based investor
• Property occupancy: Short-term holiday rental, high occupancy, was booked out for 3 months at the time of purchase
• Property occupancy rate: +- 70% per annum
• Suburb median price: Median unit price $1.33M, Houses $1.575M
• 2021 Unit growth: 49.5%
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