Labrador U1-30/ 4-8 Bradford Street

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Block of 30 Apartments - Amazing Investment Opportunity with Excellent Returns

For Sale $15,000,000

Block of 30 apartments set across two buildings and perfectly positioned just a block from the Broadwater. Perfect for the astute investor, fully tenanted with high returns seen and little to no vacancies.

30 spacious apartments spread between 2 separate buildings, sold as one investment Comprising of 24 x 1 + 1brms and 6 x 3brms, 36 x secure car spaces North facing position, the ultimate in Broadwater apartment living Rooftop terrace with spectacular views of the Broadwater & Gold Coast city skyline Low operational costs & building maintenance, security access building All apartments are tenanted with permanent tenants in place Full summary of all tenancy schedules available
Total Annual Building Revenue & Operational Costs*:
Fire Maintenance: $825.00 every 2 months Council Rates: $9,490 per quarter Water Rates: $7,980 per quarter Management Fees: $7,590 per quarter Building Community Electricity: $1,291.94 per quarter Lift Maintenance: $2,090.85 per quarter Building Insurance: $20,451.70 per annum Rental Income: $150,180 per quarterfigures provided are approximate
Apartment Facilities:
Seamless indoor-outdoor lifestyle flow Master bedrooms features ensuite and large sliding robe Stone benchtops Stainless steel appliances, dishwashers, glass splashbacks Split system air conditioning Plush carpeting, tiled flooring Separate internal laundry Combined open plan living/dining Secure gated parking
Location:
Centrally positioned and located only 350 meters to the idyllic Broadwater cafes & restaurants Broadwater/boat ramps/parks and recreational facilities 350m Minutes to Harbour Town & Australia Fair Shopping Centres Short drive to Gold Coast Hospital and Griffith University Transport available literally at your door 10 minutes to Southport 20 minutes to Broadbeach 40 minutes to Brisbane
For further information on this investment, contact Isaac Genc 0416 222 262


Contact

Open Times

Please contact Isaac Genc to arrange an appointment.

Property Information

  • Land area approx 1548sqm

Property Features

  • Air Conditioning
  • Built-In Wardrobes
  • Close to Schools
  • Close to Shops
  • Close to Transport
  • Garages 36
  • Secure Parking
U1-30/ 4-8 Bradford Street, Labrador
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