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5/125 Frank Street

Labrador, QLD 4215, Australia
$475,000
1 bed 1 bath 1 car31m²

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Area Price Guide
$446,500$503,500

Indicative price guide range

🏘️
91
Comparable
📊
$850,000
Area median
⚖️
-44%
vs median
📐
$15,323
Per m²
📏
31 m²
Land
🗓️
Today
Listed

Property Insights

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Heritage

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About this property

CATHERINE NUTT & RAY WHITE ALLIANCE ARE EXCITED TO PRESENT 5/125 FRANK STREET, LABRADOR TO MARKET. Perfectly positioned in a sought-after lifestyle location, this beautifully renovated ground floor apartment delivers the ideal combination of comfort, convenience, and outstanding investment potential. Fully renovated in 2023, the property features a spacious separate bedroom, a well-appointed kitchen complete with full sink and cooktop, and a light-filled living area designed for relaxed, low-maintenance living. A standout feature is the private 11m² courtyard, seamlessly accessed from the lounge room - the perfect setting to enjoy your morning coffee, entertain friends, or simply unwind outdoors. Step outside and embrace the lifestyle on offer. An excellent selection of cafés, restaurants, and bars are all within easy walking distance, including Aqua and The Grand Hotel. Public transport is effortless, with a major bus stop right at your doorstep, while the stunning waterfront boardwalk offers endless opportunities for walking, cycling, and enjoying the coastal atmosphere. Currently operating successfully within the holiday let pool and generating consistent guaranteed returns, the property offers exceptional flexibility. Continue enjoying strong investment performance, lease it permanently, or move straight in and make it your own home in the heart of the Gold Coast. Properties like this are rarely available - especially at such an affordable entry-level price point. With nothing comparable currently on the market, this is a unique opportunity to secure a fully renovated ground floor apartment in one of the area's most convenient and desirable locations. Property Features: • 11m2 private courtyard • Easy walk to cafe's, restaurants, The Grand Hotel and the fabulous Broadwater • Fully furnished if holiday let • Fully self contained • External Laundry • Exclusive single covered car park • Resort facilities - swimming pool & BBQ area • Experienced onsite manager & holiday letting available • Bus stop at your doorstep • Beautifully maintained building and gardens Financial information: • Currently in the Holiday Let Pool - new lease to be negotiated or can lease long term appraisal at $500 - $520 per week • Council Rates $2,796.72 per annum - less if permanent let or owner occupied • Water Rates $380 per quarter • Body Corporate $1115.83 per quarter or $85.83 per week Don't miss out - contact your local agent to arrange an inspect today. Disclaimer: While the agent has made reasonable attempts and efforts to verify the accuracy of the information contained within this marketing and advertising material, the agent takes no responsibility for any inaccuracies. Any prospective buyer/s should not rely on the particulars contained within these advertising or marketing materials as representations of fact but rather should undertake their own due diligence (or obtain independent advice) to verify and satisfy themselves of the validity of the particulars contained within the marketing and advertising materials. To the extent there is any inconsistency between these advertising or marketing materials and the Form 2 Seller Disclosure Statement for the property, the Form 2 will prevail. If this property is being sold by auction or without a price, then a price guide cannot be provided. The website may have filtered the property into a price bracket for website functionality purposes.

Property Features

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    Repayment calculator

    $2,303/month
    $1,151 /fortnight
    Loan $380,000 at 6.10% over 30 years

    Upfront costs

    Deposit$95,000
    Stamp duty$15,050
    Conveyancing (est.)$2,000
    Total upfront$112,050
    Verify with QLD revenue office →
    Indicative figures only — not a quote. Real loan offers depend on the lender; duty depends on contract terms and applicable concessions.

    Property Details

    Property Type
    apartment
    Listing Type
    For Sale
    Bedrooms
    1
    Bathrooms
    1
    Parking
    1
    Land Area
    31m²
    Listed
    Today

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