Bartercard Real Estate

17/125 Frank St, Labrador, QLD 4215, Australia

$185,000 VENDOR MUST SELL
30% Trade Component
AU$129,500 (Cash) | AU$55,500 (Trade)

Beds1
Bathrooms1
Cars1
Pools1

Additional Information


Pinterest

GOLD COAST INVESTMENT - MUST SELL

GREAT LOW PRICED INVESTMENTS

Entire complex is on the market for $7.5 million. A proposed development for the site is for 80 units and 150 hotel rooms

All up there are 32 units in complex made up of;

  • 12 studios
  • 12 semi studios
  • 5 one bedroom
  • 3 two bedroom.
  • Unit 17 is on the 1st floor

The units;

  • have split air conditioning system plus fans.
  • are fully self contained and can be let outside the rental pool
  • have 1 carport per unit, plus visitors park.
  • are 35m2 approx 

WAS UNDER OFFER AT $220,000 to developers but owner does not wish to wait until DA approval

Unit 4, which is slightly smaller than unit 17 sold for $185,000 in December

Rental Information

Can leave in holiday letting pool or rent permanently.
Complex is 75% holiday letting & 25% permanent.

The semi studios permanently rent for $490 per week.

Holiday renting is $120 per night on weekends, $95 per night during the week.

Additional Information


Property Features

In Ground Pool
1

Property Information

Category
Residential
Property Type
Apartment
Under Offer
Yes

Available Apartment Options

Agent Details

Paul Ashton

Mobile : 0403187499
Email : pashton@bigpond.com.au

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