Pauline Hanson lists her Gold Coast investment apartment

Pauline Hanson lists her Gold Coast investment apartment
Jonathan ChancellorDecember 7, 2020

Senator-elect and One Nation leader Pauline Hanson has her Gold Coast investment apartment relisted for sale.

The two-bedroom ground floor Biggera Waters unit on Loder Street was bought with her son Adam for $220,000 in 2007.

She first tried to offload it in 2008 for $298,000, then in 2010 with a $320,000 desire which was reduced to a $279,000 asking price.

Now it's up for sale seeking offers above $285,000 through Paul Parry of Ray White Labrador.

It comes with very low body corporate fees at $40 a week. It was last offered for rent at $300 a week in early 2015, representing a gross return of about 5.5 per cent to any would-be-investor buyer.

Jonathan Chancellor

Jonathan Chancellor is one of Australia's most respected property journalists, having been at the top of the game since the early 1980s. Jonathan co-founded the property industry website Property Observer and has written for national and international publications.

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