4/151 Frank St

Labrador QLD 4215

Apartment

Currently for sale - view listing

Overview

Smart Investment Opportunity in a Prime Broadwater Pocket

Just moments from the Broadwater, this ground-floor two-bedroom apartment offers a rare opportunity to secure one of the best positions within this well positioned building. Make offer: https://www.coastal.com.au/offer/?uniqueID=L35400801 Occupying the prized end position (Unit 4), this residence enjoys an abundance of natural light and airflow, with additional windows enhancing the sense of space and comfort throughout - a standout feature rarely found in similar apartments. Set within a solid brick complex on a High Density Residential block of approximately 836sqm, the building comprises just eight apartments across two levels, offering a quiet, low-maintenance lifestyle with shared laundry facilities and a generous backyard area. Great investment opportunity for those ones trying to secure something in the sort after Labrador. Whether you're entering the market, securing a coastal base, or adding to your portfolio, this property represents exceptional value in one of the Gold Coast's most desirable coastal pockets. With low body corporate, strong rental demand, and the Broadwater just moments away, opportunities like this - particularly in an end-position with superior natural light - are increasingly hard to find. FEATURES YOU'LL LOVE • Desirable end-position apartment (Unit 4) with extra windows and natural light • Ground-floor convenience with easy access • Two well-sized bedrooms with built-in robes • Functional kitchen with ample bench and cupboard space • Well-appointed bathroom with shower • Tiles to living, kitchen & bathroom areas • Shared large laundry facilities at the rear of the building • Allocated carport directly in front of the apartment • Boutique complex of only 8 apartments • Generous common backyard area Finance: • Body Corporate $60 per week approx. • Currently rented at $500 until 28/1/2027 • Rental Appraisal around $600 per week (after lease) • Council Rates for investor $2,800 per year • Water Rates around $1,700 per year Disclaimer: Images may have been digitally altered to remove tenants' belongings for presentation purposes. Disclaimer: We have in preparing this information used our best endeavours to ensure that the information contained herein is true and accurate but accept no responsibility and disclaim all liability in respect of any errors, omissions, inaccuracies or misstatements that may occur. Prospective purchasers should make their own enquiries to verify the information contained herein.