This well located, well built (brick and tile on a concrete slab) two bedroom villa features open-plan kitchen and living areas. Secure single garage car parking and a reverse cycle split-system air conditioning are provided. With such a great location - just 300m to the beach and 300m to Park Beach Plaza - this villa presents itself as a great investment. It is currently tenanted on an expired lease at $220 per week to a mature couple. Market rents would suggest a rental potential of approximately $240/week giving a gross investment yield of 5.2%. The strata is self-managed which improves bottom line yield. Being that the lease is expired owner occupiers should also investigate this listing - it allows for a well located, affordable beach lifestyle.