26 Vernon Avenue, Labrador QLD 4215

Forget all previous pricing, this home must sell.

Originally a cute and quaint post-war cottage, this home is now a generous 3-bedroom, 2-bathroom, multiple living space investment opportunity only a few streets back from the Broadwater. There is plenty of storage with a large rumpus/living room, garage and laundry room plus a storage room that can be utilised in many ways, depending on your needs.

This home needs your inspiration and what it will give you in return is a wide and quiet street location, a deep block with good frontage, and single dwelling zoning protecting future growth. Great long-term tenants give you peace of mind and the location and opportunity to redevelop make this an A-plus investment opportunity.

Features
+ 3 bedrooms, 2 bathrooms, 1 car garage, multiple living areas
+ Large, enclosed laundry
+ Lock-up storeroom
+ Undercover, east facing front porch
+ Petite kitchen with stone counter tops and quality cabinetry
+ 2 storage sheds
+ Living/rumpus/fourth bedroom
+ Polished timber floorboards
+ Weatherboard and tile
+ Fully fenced with electric gate access

Numbers
+ Council rates: $2,000 per year approx.
+ Water: $1,200 per year approx.
+ Rented: $510 per week until 4 December 2022
+ Rental appraisal $700 per week
+ 0.77% current rental vacancy rate
+ Median rental change in last 12mths 22.22%
+ Median price change in last 12mths 8.90%
+ Block size: 551m (43.9m x 12.55m approx.)
+ Dimensions: 171m2 Total, 132m2 internal, 18m2 undercover patio, 21m2 garage

Icing on the Cake
All the amenities you need are at your doorstep. The advantages of both seaside and suburban living, close to parks, restaurants, cafes and transport make this exciting renovation opportunity with huge blue chip potential one not to be missed.

*Images including furniture were digitally staged for marketing purposes

Contact Ben Fisher, Your Mate in Real Estate


Disclaimer: All information (including but not limited to the property area, floor size, price, address, and general property description) is provided as a convenience to you and has been provided to McGrath by third parties. Consequently, McGrath is unable to definitively attest to the listed information's accuracy. McGrath does not accept any liability (indirect or direct) for any injury, loss, claim, damage or any incidental or consequential damages, including but not limited to lost profits arising out of or in any way connect with the use or dissemination of any information, or any error, omission, or defect present within the information as appearing on the Website. Information appearing on the Website should not be relied upon and you should attend to your own personal enquiries and seek legal advice (where required) with respect to any property on the Website. Please also note, the prices displayed on the Website are current at the time of issue but are subject to change.