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605/110 Frank Street

Labrador, QLD 4215, Australia
$950,000
2 bed 2 bath 1 car

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Area Price Guide
$893,000$1.01m

Indicative price guide range

🏘️
79
Comparable
📊
$1m
Area median
⚖️
-5%
vs median
🗓️
4 days ago
Listed

Approximate location shown. Contact agent for exact address.

Property Insights

Schools · zoning · transport · traffic · flood · bushfire · crime · development · heritage

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About this property

East-facing & perfectly positioned on Level 6 to capture stunning Broadwater views, this near-new apartment is an opportunity not to be missed. Set within one of the Gold Coast's most desirable and fast-appreciating pockets, it showcases sleek, luxurious interiors, abundant natural light and one of SUMMIT's most sought-after floorplans. Combining everything buyers love about modern coastal living: beautiful water views, high-quality construction, low body corporate fees and a location just moments from the Broadwater - this is a standout opportunity that won't last long. Designed by renowned architects Rotherlowman and built by highly regarded builder McNab, SUMMIT delivers a true sense of quality from the moment you step inside. Timber flooring flows through the bright open-plan layout, anchored by a stylish kitchen with stone benchtops, generous storage and quality European appliances. German-made window frames and floor-to-ceiling sliding doors enhance both comfort and design, offering impressive insulation and soundproofing, while practical extras including two linen cupboards provide excellent additional storage. The living and dining area open effortlessly onto the outdoor terrace - the perfect space to entertain, unwind and soak in the stunning Broadwater views. The master suite is a true retreat, complete with direct terrace access, a large walk-through wardrobe and a luxurious ensuite featuring double vanities, a generous walk-in shower and premium finishes. A large second bedroom with dedicated study nook is conveniently located next to the well-appointed main bathroom, ensuring ideal privacy and family convenience. Secure car space underground complete the apartment, making this an exceptional choice for downsizers, lifestyle buyers or investors seeking quality in a tightly held building. Only six years young, with more than 80% owner-occupiers, low body corporate fees and a position close to the water, SUMMIT continues to be one of the area's standout lifestyle addresses. Opportunities like this are rare - secure your place in this sought-after building before it's gone. INVESTORS ALERT: • Healthy depreciation schedule • Exceptional capital growth forecast • Long term Tenant already in place with lease agreement until November 2026 @$760 per week. Rental appraisal forecast after November at $900 per week • Low holding costs • Quality new building with low or no maintenance costs NOTE: The property is currently tenanted until November. Features you will LOVE: • East-facing Level 6 position with stunning Broadwater views • 14sqm outdoor terrace capturing beautiful water views • One of SUMMIT's most desirable floorplans • Chef's kitchen with separate pantry, breakfast bar, dishwasher and excellent cupboard space • American Oak timber floating flooring • Ducted, reverse-cycle and zoned air-conditioning • Ceiling fans in bedrooms and living area • Insulated and soundproof floor-to-ceiling sliding glass doors • Master suite with terrace access, walk-through wardrobe and luxury ensuite • Large second bedroom plus dedicated study nook Two linen cupboards offering excellent storage • Secure underground car space • Approx. 80% owner-occupier building • Only 6 years young • Moments from the Broadwater, cafés, restaurants and parklands SUMMIT facilities: • Inground pool with outdoor shower • Gymnasium • 2 x BBQ areas • 2 x lifts • Secure parking and bike racks in underground carpark • Visitor parking and bike racks at the rear of the building • Video intercom • Onsite caretakers The numbers: • Low Body corporate around $110 per week (Including Building Insurance, Admin & Sinking funds) • Council Rates around $2,350 per year • Water Rates individually metered Contact Ana Tulloch on 0439 343 432 for further information and viewing times. 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. Some photographs have been virtually staged using digital furniture and styling for presentation purposes only.

Property Features

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    Repayment calculator

    $4,606/month
    $2,303 /fortnight
    Loan $760,000 at 6.10% over 30 years

    Upfront costs

    Deposit$190,000
    Stamp duty$35,775
    Conveyancing (est.)$2,000
    Total upfront$227,775
    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
    2
    Bathrooms
    2
    Parking
    1
    Listed
    4 days ago

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