1/8 Leonard Avenue, Surfers Paradise

2 Bedrooms

1 Bathrooms

1 Car Park

Garden

Level Ground

62m²

See Floor Plan

Vendor committed elsewhere is liquidating this entry level investment with incredible potential. Only a short stroll from the golden sands beaches of the Gold Coast and the convenience of shops, cafes, bars and restaurants right around the corner.  The area of Peninsular Drive also features an abundance of riverfront parks and fishing spots.  There is no doubt we will see future growth in this area.

The unit is on the corner of the building with widows facing south, west and east letting plenty of daylight through the property.  The front of the unit features a covered carpark and plenty of space for an outdoor seating and coffee table next to the well-maintained garden.  The quiet complex was built in 1978 and is a small community of only 7 lots. Despite its age the building is very well-kept and sits on a block approximately 1,300sqm in size.

Unit 1/8 Leonard Avenue is the prefect property for a first home buyer or the savvy investor.

Features:

• 2-bedrooms 1-bathroom 1-carpark
• 63 sqm
• One of only 7 units in the building.
• Covered private carpark.
• Wooden floorboards in living & both bedrooms.
• Split system AC installed in living.
• Sold unfurnished.
• Front and back door entrances, both with security screens.

Investment figures:

• Currently rented at $280/week on a periodic tenancy.
• Body corporate approx. $54/week.
• Council rates approx. $1,930/annum.
• Water rates approx. $1,440/annum (consumption bulk metered).

Contact Jens on 0404 330 220 to arrange your private inspection.