4/2 Broad St, Labrador, QLD, 4215

For Sale

4/2 Broad St, Labrador, QLD, 4215

OFFERS OVER $630,000

49 m²

Apartment

•

1 day on the market

What's around 4/2 Broad St

BROADWATER LIFESTYLE + A SMART INVESTMENT — GROUND FLOOR & READY TO GO!

Offers Over $630,000 | Approx. 5.0% Gross Yield | 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 Gross yield: Approx. 5.0% 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 $630,000 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.