Fancy becoming an instant property magnate? For an “investment” of only $10 you could win a fully-furnished apartment block on Queensland’s Gold Coast.
With a penthouse apartment, two lower flats and two townhouses, all fully furnished, the value on this property is put at $6.4 million.
This is what the RSL Art Union blurb says:
The Golden Treasure is not only our biggest draw of the year, it’s the biggest prize ever offered by RSL Art Union.
Totalling over $6.4 million in value, the winner will receive an entire apartment complex comprised of a penthouse, two townhouses and two apartments!
Located at Palm Beach on the Gold Coast this professionally styled and fully furnished apartment complex boasts spectacular beach views from every level – our final draw in our LUXURY LINEUP and one not to miss.
With an estimated annual rental income of $247,000, the block, called Sanananda Shores, is at 4 Twenty Seventh Avenue, Palm Beach, Queensland.
Ticket sales will close on December 17 with the draw made on the morning of Christmas Eve.
Here at Flat Chat, we never win anything (apart from our readers’ gratitude) so we won’t be buying a ticket.
And, being slightly cynical, we wonder if it comes with one of those profoundly corrupt pre-sold long-term, locked-in management contracts.
You’d hope not … but a real case of “be careful what you wish for” if it does.
Seriously, though, this raises funds for the RSL who help ex-servicemen and women. If you’re tempted – and have a lazy $10 lying around – you can buy a ticket HERE.
This is now being discussed in the Flat Chat Forum