39/13-17 Brown Street, Labrador QLD 4215

Welcome to the market this affordable apartment in the heart of Labrador! TUNE IN all investors, downsizes or first time homeowners, as this is one amazing opportunity to make a profit. Prospects such as this are in short supply and with an approximate potential gross yield of 7.35% this is affordable housing at its finest.

• Two large bedrooms with built in wardrobes, window furnishings, ceiling fans and tiled for low maintenance appeal.
• Large open plan design with room for both dining and lounge combination. The living area hosts a large split system reverse cycle air conditioning unit that cools the whole apartment and large north facing windows that saturate the space in natural sunlight.
• Sliding door takes you out to a secluded North East facing balcony, providing an isolated area to relax and catch the summer breeze overlooking the park reserve that surrounds the complex.
• The centrally positioned kitchen means the chef is always close when entertaining and features wrap around benchtops for prep room, storage, pantry, oven, cooktop and range hood.
• The main bathroom is modern with a natural white colour pallet and hosts a shower, bathtub for little ones, vanity and a separate toilet.
• The apartment is located on the top floor and positioned at the rear of the immaculate estate. The Avenue complex comprises of a mixture of owners and investors alike and the large grounds offer grassed yard spaces to kick a footy, a delightful swimming pool area, BBQ facilities and added off-street car parking for guests. Body corporate fees are worked out to be on average approximately $42-37 p/w.
• The property is currently returning rent of $320pw with tenants in place on a periodic lease and an estimated current potential rental return of $375 is achievable.
• For investors looking to grow your portfolio this property offers a potential rental yield of 7.35% with options for increase due to the prosperous market conditions at present.

The greater areas will find you within a short distance to beautiful Broadwater Parklands, Harbor Town shopping precinct, multiple G-link tram stations that will connect you to train transport from the Coolangatta Airport to Brisbane CBD and beyond. You will also be in and amongst a vibrant restaurant precinct, a long list of both public and private schools from kindergarten to Year 12, Griffith University, the Gold Coast University Hospital, Golf Courses, all Gold Coast beaches and major connection roads are all just minutes away.

Needless to say now is the time to get your hands on a wonderful opportunity as this home is sure to attract multiple buyers so acting quickly is highly recommended.

DISCLAIMER: We have in preparing this advertisement used our best endeavours to ensure the information contained is true and accurate but accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies or misstatements contained. Prospective purchasers should make their own enquiries to verify the information contained in this advertisement.