1/14 Stephenson Street, Labrador QLD 4215

Be one of only 2 owners of this amazing little duplex close to the Broadwater, Griffith University and the Gold Coast Hospital.
This property is in fantastic condition, offering a great layout that affords the space you are looking for with clean lines and easy cleaning requirements. You will love the convenience items such as split system air con & ceiling fans throughout as well as the super low maintenance lifestyle this duplex offers.

This property is great for investors as it currently has great tenants on a 12 month lease.

This great property includes the following features:
- 2 Generous size bedrooms with build in robes
- 1 Bathroom with bath tub
- Sunny kitchen looking onto front yard
- Single lock up garage
- Open plan tile floor living area
- Split system reverse cycle air-conditioning in living area and master bedroom
- Ceiling fans throughout
- Great outdoor alfresco entertaining area with patio
- Own private fully fenced backyard with shed
- Second fully fenced car park on cement behind gates

Council Rates: $1,443* p.a. approx
Waters Rates: $683* p.a. approx
Body Corp: $593* p.a. approx - $11.40 per week for building insurance (this is 50% of your share. Duplex 2 pays the same for other 50%)

Rent per week: $330 per week
Lease expires 11/08/2016
Annual Income: $17,160* p.a.
Gross Yield: 5.06%* (Selling price of $339,000)

Close to schools, shopping center, hospital, university and very quiet area.

This duplex is kept with pride and remains peacefully quiet so it is an ideal buy for investors. For the astute investor, the duplex is super easy and with a Body Corp of just $11 per week, it's one of the lowest in the area.
Do the sums on this one, come and inspect and see the incredible value it has to offer.

For more information or to book an inspection, please contact Brad Scott or Wayne Haase.

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.

* denotes approximate measurements