16/125 Frank StreetLabrador QLD 4215
Property Details for 16/125 Frank St, Labrador
16/125 Frank St, Labrador is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1970. The property has a land size of 482m2 and floor size of 34m2. While the property is not currently for sale or for rent, it was last sold in April 2023.
Last Listing description (August 2024)
Step into modern urban living with this tastefully renovated, studio investment unit. Situated in a prime location, this unit offers both comfort and convenience, making it an ideal investment opportunity.
The 31m2 of floor space has been cleverly designed to enhance the sense of space and functionality of the unit. With a sleek design and contemporary finishes, the unit boasts a functional lounge/dining area with access to a private balcony. An attractive feature for the holiday makers to enjoy a morning coffee before heading out on a day sight-seeing on the Gold Coast.
The bedroom offers a peaceful retreat, complete with ample natural light and built-in storage solutions to maximize space.
Whether you're looking to add to your investment portfolio or searching for your first home, this unit ticks all the boxes. Don't miss out on this opportunity to own a stylish and functional property in a much sought-after location. Schedule a viewing today and make this your next property venture.
Under 40m2 in total floor area plus, situated in a holiday let complex makes it difficult to secure a typical home loan. It is however, a great opportunity to buy and invest through a superfund or for a cash buyers only . Finance may be secured on this property throuh limited lending institutions
Property Features:
* $30,000 + spent on the renovations
* Management guarantees $1600 gross per month (No management fees apply)
* Overall floor area 31m2
* Completely renovated - NOT just painted and flooring
* Land rates - $1807.44 per half year
* Low Body Corp fees of approx. $66.80 pw with a good sinking fund
* Single covered car park
* Resort facilities including swimming pool and BBQ area
* Convenience of a bus stop at your doorstep
* Well maintained building and gardens
* Experienced on-site manager
Broadwater Keys is located only 50 metres to the Broadwater, cafes, restaurants and bus stop. Situated only minutes to the M1, Harbour Town Shopping Outlet and the Gold Coast University Hospital. This property offers the ideal investment opportunity in a prime position.
Phone Catherine Nutt on 0433247690 for more details or to arrange an inspection.
Disclaimer: All information contained herewith, including but not limited to the general property description, images, floorplans, figures, price and address, has been provided to Alberport PTY LTD trading as LJ Hooker Broadwater and Catherine Nutt Realty Pty Ltd Licence No 4047862 by third parties. We have obtained this information from sources that we believe to be reliable; however, we cannot guarantee the accuracy and or completeness of this information. The information contained herewith should not be relied upon as being true and correct. You should make independent inquiries and seek your own independent advice.
Property History for 16/125 Frank St, Labrador, QLD 4215
- 23 Apr 2024Listed for Sale $359,000
- 28 Apr 2023Sold for $267,500
- 20 Apr 2023Listed for Sale Sold by Helana Kuhl
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About Labrador 4215
The size of Labrador is approximately 5 square kilometres. It has 19 parks covering nearly 14.6% of total area. The population of Labrador in 2011 was 16,401 people. By 2016 the population was 18,277 showing a population growth of 11.4% in the area during that time. The predominant age group in Labrador is 20-29 years. Households in Labrador are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Labrador work in a professional occupation. In 2011, 46.2% of the homes in Labrador were owner-occupied compared with 45.1% in 2016.
Labrador has 11,913 properties. Over the last 5 years, Houses in Labrador have seen a 97.45% increase in median value, while Units have seen a 100.65% increase. As at 31 December 2024:
- The median value for Houses in Labrador is $1,080,968 while the median value for Units is $704,444.
- Houses have a median rent of $680 while Units have a median rent of $625.
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