Hope Island, QLD apartment going under mortgagee auction hammer

A Hope island apartment is set to go under the mortgagee auction hammer on April 3.

The two bedroom three bathroom unit features one underground parking space. 

Mark Worthington of LJ Hooker holds the listing.

Situated at 1106/2 Activa Way it is part of the Azzura Greens development.

With 155 sqm of floorspace, the property is inside the Hope Island Resort community.

Located adjacent to the Tennis Academy & links to the Hope Island Golf Club it features a verandah.

Last sold in 2008 the apartment traded for $506,450.

It was listed as recently as 2017 initially asking for offers from $362,000 before reducing the price guide to $350,000 and being taken off market after 54 days.

The median price for a home in Hope Island is $972,500 according to CoreLogic, which calculate its annual change in median price over the past 10 years as -2.5%.