$1,295,000

5 Leonard Avenue, Surfers Paradise, QLD 4217


Block of Flats - Central Surfers Paradise

Tightly held in this central Surfers Paradise location, the old clich position, position, position! This entire block of units situated on one title with five fully approved units' showing solid rental return has been priced to sell.

Freehold block of 5 units on a 506sqm block with high-rise zoning comprising of a 1 x 3 bedroom unit and 4 x 1 bedroom units, this unique block showing excellent rental return. Most of the units have been updated, present in good condition and have a tropical pool, ideal in summer.

Be quick as this low maintenance block of units situated in this premier position in central Surfers Paradise with the Surfers skyline as your back drop and the main river close by represent outstanding value for money.

-Entire block of units on 506sqm block
-5 flats - 1 x 3 bedroom & 4 x 1 bedroom
-506sqm block, high-rise zoning
-Solid income, fantastic potential
-Security doors & screens on all units
-Front & back yard, 5 carparks on site
-Well maintained, low maintenance
-Trophy investment, be quick!
-Unit 1 - 3 Bedroom well-appointed unit rented at $370.00 per week
-Unit 2 - 1 Bedroom renovated unit rented at $290.00 per week
-Unit 3 - 1 Bedroom well-appointed unit rented at $275.00 per week
-Unit 4 - 1 Bedroom renovated unit rented at $285.00 per week
-Unit 5 - 1 Bedroom renovated unit rented at $240.00 per week
-Rates $2,460.32* per half year
-Current pool safety certificate

Contact the exclusive marketing agents to arrange a private viewing.
Bob Rollington 0411 427 311.

Property Info

Municipality
Surfers Paradise

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