Unbeatable value and an absolute bargain in one of Labrador's most convenient locations, just 600 metres from the beautiful Broadwater and within easy reach of the ever evolving Chirn Park village. This potential-packed duplex offers a rare combination of space, versatility, and lifestyle at a price point that is almost impossible to find in today's market.
Inside, you will be surprised by the oversized living and dining area, offering room to spread out and make the space your own. The home features 2 generous bedrooms, a full bathroom with separate toilet, and a spacious kitchen with ample storage. The layout is functional, open, and perfect for low-maintenance living.
One of the standout features is the single lock-up garage, currently ideal for secure parking or storage, but also offering huge potential to extend your living area or even create a third bedroom, home office, or multipurpose room. The footprint is already there, and the opportunity to enhance the internal proportions makes this property truly unique.
Adding to the value is a massive fully covered outdoor entertaining area or this space could be utilised as a double carport, providing space for two additional vehicles. There is also plenty of additional off-street parking, perfect for those with a trailer, boat, jet ski, van or visitors.
The property sits on a generous block with a spacious fully fenced yard that wraps around the residence, offering privacy and room to enjoy outdoor living. Better still, the yard backs directly onto a tranquil nature reserve, creating a peaceful green outlook and no rear neighbours.
Currently rented to a long-term tenant at $470 per week... being sold well below market value to reflect the existing lease in place until July 2026. While the current rent is under market, the property offers clear potential for rental uplift, with an estimated market rent of around $700 per week achievable with some simple cosmetic improvements. Though the home lacks presentation due to excess clutter, savvy buyers will recognise the opportunity to add value and unlock strong long-term growth through minor enhancements.
You also have the bonus of an ultra-convenient location within an easy stroll of the Broadwater and the ever evolving Chirn Park village, famous for its café, dining and boutique shopping culture. In addition, you are within easy reach of major facilities including Harbour Town, Australia Fair Shopping Centre, bowls club, Gold Coast University Hospital, Griffith University and public transport.
Smart buyers and investors know a rare opportunity when they see one, do not hesitate, act quickly! Be ready to submit your offer even before the inspection to beat the competition and secure this exceptional property before someone else does.
*PLEASE NOTE: We have displayed a series of staged and decluttered photos to demonstrate the potential of future presentation. Additionally, we have also displayed photos demonstrating the property's current presentation.
*Disclaimer: Taylors Property have taken care of ensuring the description represents the property to the best of our knowledge. However, we take no responsibility for any inaccuracies. Please note photos may not always represent the property to its best ability, please ensure you view and/or have someone view the property.
