4/81 Frank Street

Positioned in a high-demand coastal pocket of Labrador, this townhouse-style apartment presents an excellent opportunity for investors seeking strong rental appeal, low outgoings and long-term growth potential. Make offer: https://www.coastal.com.au/offer/?uniqueID=L35400812 Set within a complex of only seven residences, the property offers a functional two-level layout designed for practical living and consistent tenant demand. Downstairs features an open-plan living, dining and kitchen area, while upstairs comprises two well-proportioned bedrooms, including a master with its own private balcony showcasing water views towards the Broadwater. With a desirable north-facing aspect, the home captures natural light and coastal breezes throughout the day - an attractive feature for tenants and future occupants alike. Located within walking distance to the Broadwater, public transport at your doorstep, and just minutes to local shops, cafés and major amenities, this is a location that continues to perform strongly for investors. Whether you're expanding your portfolio or securing your first investment, this property offers a smart entry into a proven rental market. Features You'll Love • Only 7 units in the complex • North-facing aspect with excellent natural light • Two-level layout • 2 spacious bedrooms, both positioned upstairs • Master bedroom with private balcony and water views • Open-plan living and dining area downstairs • Functional kitchen with ample storage • Internal laundry space • Large carport with direct access to the property • Security screens throughout Location Highlights • Walking distance to the Broadwater and foreshore • Public transport directly at your doorstep • Close to Labrador cafés, restaurants and shops • Easy access to Harbour Town, Southport CBD and Gold Coast University Hospital Outgoings • Body Corporate $60 per week approx. • Currently rented at $450 Periodic lease • Rental appraisal $600 to $650 • Council Rates for investor $2,800 per year approx. • Water Rates around $1,600 per year Disclaimer: Images may have been digitally altered to remove tenants' belongings for presentation purposes. Disclaimer: We have in preparing this information used our best endeavours to ensure that the information contained herein is true and accurate but accept no responsibility and disclaim all liability in respect of any errors, omissions, inaccuracies or misstatements that may occur. Prospective purchasers should make their own enquiries to verify the information contained herein.