2/25 Tekapo Street

Held from interstate and rented out for years, this is exactly the kind of sale renovators and value hunters wait for. The owner is not emotionally attached, has not renovated, and has given one instruction. Sell it. This duplex is in genuine original condition. No lipstick, no styling tricks, no inflated expectations. What you see is a solid, unimproved half duplex in Broadbeach Waters at what will likely be the suburb's lowest entry point this year. The opportunity is simple. Buy at land adjacent money in a suburb where renovated duplexes are trading well above this level, do the work, and hold the difference as equity. Or keep it rented from day one and improve when it suits you, exactly as the current owner has done. What you are buying: • Half duplex in original condition, ready for its first renovation • Broadbeach Waters address minutes to Pacific Fair, the beach and the M1 • Currently tenanted with immediate income from settlement • Solid bones, straightforward layout, nothing structural standing in your way Why it will sell: The vendor is an interstate investor who is finished with the asset. There is no dream price, no sentimental hold out, no waiting for the market. Every offer prior will be presented, and on auction day the property will meet the market in front of everyone. Opportunities like this get talked about after they sell, usually by the people who did not register. Inspect once. Register. Be in the room. Features • Single-level layout, four bedrooms • Two bathrooms, including an updated main • Master with walk-in robe and ensuite • Solar panels • Multiple living areas • Large lock-up shed • 493 square metre block • Air conditioning Location • Walking distance to St Vincent's Catholic Primary School • Minutes to Pacific Fair and the Broadbeach dining strip • Close to medical, dining and the beach • Direct access to the Gold Coast Highway and M1 Auction date: 16/07/26 Disclaimer: We have, in preparing this information, used our best endeavours to ensure that the information contained herein is true and accurate; however, we accept no responsibility and disclaim all liability for any errors, omissions, inaccuracies or misstatements that may occur. Prospective purchasers should make their own enquiries to verify the information contained herein. *Denotes approximate measurements. Some marketing images may include virtual furniture, enhancements or digital alterations where applicable. These are provided as a visual guide only and may not reflect the property's current presentation. Interested parties should rely on their own inspection. Disclaimer This property is being sold by auction or without a price and therefore a price guide can not be provided. The website may have filtered the property into a price bracket for website functionality purposes