17/125 Frank St, Labrador, QLD 4215, Australia
$185,000 VENDOR MUST SELL
30% Trade Component
AU$129,500 (Cash) | AU$55,500 (Trade)
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
- 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
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.
Available Apartment Options
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