2/10 Leonard Avenue, Surfers Paradise

1 Bedrooms

1 Bathrooms

Car Park

Garden

Level Ground

47m²

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 ground-floor unit is a well-kept 1-bedroom flat with a long-term tenant in place renting at $270/week.  The living room is open plan and the bedroom has access the bathroom. Both the bedroom and living has windows letting in plenty of natural light.  The quiet complex was built in 1970 and is a small community of only 10 lots. Despite its age the building is very well-kept and sits on a block approximately 850sqm in size.

Unit 2/10 Leonard Avenue is the prefect property for a first home buyer or the savvy investor.

Features:

• 1-bedroom 1-bathroom
• Carparks available as common property to Newport Lodge on a ‘first come, first serve’ basis
• 47 sqm
• One of only 10 units in the complex
• Sold unfurnished
• Sold unfurnished.
• Ground-floor

Investment figures:

• Currently rented at $270/week – lease expiry 5th July 2022
• Body corporate approx. $42/week
• Council rates approx. $2,000/annum
• Water rates approx. $1,200/annum

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