4/2 Broad Street, Labrador, Qld, 4215

Offers​ ​Over​ ​$610,000​ ​|​ ​Leased​ ​Until​ ​11​ ​June​ ​2027

1​ ​Bedroom​ ​|​ ​1​ ​Bathroom​ ​|​ ​Ground​ ​Floor​ ​|​ ​Pool​ ​|​ ​Secure​ ​Complex​ ​|​ ​Only​ ​14​ ​Apartments

Some​ ​properties​ ​make​ ​you​ ​spend​ ​money​ ​before​ ​they​ ​start​ ​making​ ​money.​ ​This​ ​one​ ​is​ ​already​ ​earning.

Currently​ ​leased​ ​at​ ​$595​ ​per​ ​week​ ​to​ ​quality​ ​tenants​ ​who​ ​take​ ​pride​ ​in​ ​the​ ​property​ ​and​ ​are​ ​keen​ ​to​ ​extend​ ​this​ ​immaculate​ ​ground-floor​ ​apartment​ ​offers​ ​approximately​ ​$30,940​ ​in​ ​annual​ ​rental​ ​income​ ​and​ ​a​ ​gross​ ​rental​ ​yield​ ​of​ ​approximately​ ​5.0%​ ​at​ ​the​ ​asking​ ​price.

Recently​ ​freshened​ ​up​ ​with​ ​new​ ​roller​ ​blinds​ ​and​ ​a​ ​full​ ​interior​ ​repaint​ ​there's​ ​no​ ​immediate​ ​renovation​ ​project​ ​waiting​ ​behind​ ​the​ ​front​ ​door.

Located​ ​directly​ ​across​ ​from​ ​the​ ​famous​ ​Broadwater​ ​this​ ​is​ ​a​ ​property​ ​that​ ​combines​ ​a​ ​strong​ ​rental​ ​proposition​ ​with​ ​the​ ​lifestyle​ ​Gold​ ​Coast​ ​buyers​ ​and​ ​tenants​ ​are​ ​looking​ ​for.

KEY​ ​FEATURES:

*​ ​Spacious​ ​1​ ​bedroom​ ​with​ ​built-in​ ​wardrobe
*​ ​Ground​ ​floor​ ​—​ ​no​ ​stairs,​ ​no​ ​fuss
*​ ​Well-presented​ ​bathroom
*​ ​Open-plan​ ​living​ ​and​ ​dining
*​ ​Functional​ ​kitchen
*​ ​Private​ ​balcony​ ​with​ ​Broadwater​ ​glimpse
*​ ​Brand-new​ ​air​ ​conditioning
*​ ​New​ ​blinds​ ​and​ ​fresh​ ​paint
*​ ​Secure​ ​gated​ ​complex​ ​with​ ​CCTV
*​ ​Pool​ ​onsite
*​ ​Only​ ​14​ ​apartments
*​ ​Building​ ​management​ ​onsite​ ​regularly​ ​throughout​ ​the​ ​week
*​ ​Public​ ​transport​ ​at​ ​your​ ​doorstep

LOCATION:

The​ ​Broadwater​ ​is​ ​literally​ ​across​ ​the​ ​road​ ​with​ ​waterfront​ ​walking​ ​tracks,​ ​parks,​ ​cafés​ ​and​ ​recreational​ ​facilities​ ​all​ ​close​ ​by.

Approximately:
-​ ​10​ ​minutes​ ​to​ ​Harbour​ ​Town
-​ ​10​ ​minutes​ ​to​ ​Smith​ ​Street​ ​Motorway
-​ ​15​ ​minutes​ ​to​ ​Surfers​ ​Paradise

For​ ​investors​ ​the​ ​existing​ ​tenancy​ ​provides​ ​an​ ​immediate​ ​income​ ​stream.​ ​For​ ​owner-occupiers​ ​the​ ​ground-floor​ ​position​ ​and​ ​low-maintenance​ ​lifestyle​ ​make​ ​this​ ​an​ ​easy​ ​place​ ​to​ ​call​ ​home.

INVESTMENT​ ​SNAPSHOT:
Rent:​ ​$595​ ​per​ ​week
Annual​ ​rent:​ ​Approx.​ ​$30,940
Lease:​ ​Until​ ​11​ ​June​ ​2027
Body​ ​Corporate:​ ​Approx.​ ​$1,320​ ​per​ ​quarter
Council​ ​Rates:​ ​Approx.​ ​$1,353​ ​per​ ​6​ ​months
Water:​ ​Approx.​ ​$370​ ​per​ ​quarter

Offers​ ​Over​ ​$610,000

A​ ​well-presented​ ​apartment,​ ​a​ ​quality​ ​tenant,​ ​established​ ​rental​ ​income​ ​and​ ​the​ ​Broadwater​ ​across​ ​the​ ​road​ ​—​ ​2​ ​Broad​ ​Street​ ​is​ ​one​ ​worth​ ​inspecting.

And​ ​remember…​ ​you​ ​can​ ​sit​ ​on​ ​the​ ​fence​ ​but​ ​it's​ ​probably​ ​more​ ​comfortable​ ​sitting​ ​on​ ​the​ ​balcony.

Contact​ ​Bec​ ​today​ ​to​ ​arrange​ ​your​ ​inspection.

DISCLAIMER
All​ ​information​ ​contained​ ​in​ ​this​ ​advertisement​ ​is​ ​believed​ ​to​ ​be​ ​true​ ​and​ ​correct​ ​at​ ​the​ ​time​ ​of​ ​publication.​ ​However,​ ​prospective​ ​purchasers​ ​should​ ​make​ ​their​ ​own​ ​enquiries​ ​and​ ​satisfy​ ​themselves​ ​as​ ​to​ ​the​ ​accuracy​ ​of​ ​all​ ​information,​ ​including​ ​measurements,​ ​inclusions,​ ​rental​ ​information,​ ​tenancy​ ​details​ ​and​ ​outgoings.​ ​The​ ​agent​ ​and​ ​vendor​ ​accept​ ​no​ ​responsibility​ ​for​ ​any​ ​errors​ ​or​ ​omissions.

Rental​ ​income​ ​and​ ​yield​ ​figures​ ​are​ ​provided​ ​for​ ​general​ ​information​ ​only​ ​and​ ​are​ ​based​ ​on​ ​the​ ​current​ ​rental​ ​amount​ ​and​ ​advertised​ ​purchase​ ​price.​ ​Prospective​ ​purchasers​ ​should​ ​obtain​ ​their​ ​own​ ​independent​ ​financial,​ ​legal​ ​and​ ​property​ ​advice.

FLOORPLAN​ ​DISCLAIMER
Whilst​ ​every​ ​attempt​ ​has​ ​been​ ​made​ ​to​ ​ensure​ ​the​ ​accuracy​ ​of​ ​the​ ​floor​ ​plan,​ ​all​ ​measurements​ ​are​ ​approximate​ ​and​ ​no​ ​responsibility​ ​is​ ​taken​ ​for​ ​any​ ​error,​ ​omission​ ​or​ ​misstatement.​ ​The​ ​floor​ ​plan​ ​is​ ​provided​ ​for​ ​illustrative​ ​purposes​ ​only.