SOLD BY JOE FARR & MICHAEL CONRICK

SOLD By Joe Farr & Michael Conrick. Selling near the Broadwater? We urgently need more apartments, townhouses & family homes for the buyers who missed out. Call us to be our next success story!

Set almost at the back of a lovely group of just eight townhouses, this three bedroom home is perfect for first home buyers to make a start, or for the investor looking for a solid return in a high demand location. With beautiful tiled living, modern kitchen & bathroom, and spacious bedrooms this home is ready to move straight in.

7/5 Ahern St, Labrador features:
- Open plan living & dining with north facing windows for plenty of natural light and near-new air-conditioner
- Spacious kitchen with loads of storage space, breakfast bar & dishwasher
- Downstairs toilet, separate laundry & internal access to the garage
- Big renovated upstairs bathroom + separate toilet
- Great size bedrooms, with built-in robes & remote control ceiling fans
- Main bedroom has a walk-in robe & air-conditioner
- Fully fenced, paved private courtyard

The Location:
- Just two blocks from Len Fox Park & the Broadwater
- Great coffee at Paper Cup, award winning Eggs Benedict at Frigg Cafe & mouth watering steak at Seven Brothers on Frank St, not to mention the best Mexican food at Casa Mexicana and Origin Kebabs for a quick meal, all just a short stroll around the corner.
- Getting around is easy with bus services right out the front for easy access to Southport, Harbour Town & Helensvale, connecting to the heavy rail to Brisbane CBD or light rail to Broadbeach. And you're going to love the bike & walking track along the Broadwater which takes you all the way to Surfers Paradise and beyond

The Numbers:
- Rental estimate in the current market $500-$525/week, sought after location with local vacancy rate at just 0.4% ( source: https://sqmresearch.com.au/graph_vacancy.php - Dec2021 4215)
- Approx. body corp fees : $43/week*
- Council Rates (Cat 1T) : $871.26/half*
- Water Rates : $238/quarter + usage*
* From current Body Corporate Disclosure & rates notices. Available to view on request

The Potential:
- For the land banker, this townhouse shares a 1,416m² block, currently zoned High Density RD5, up to 29m high with 1 bedroom/50m².
- Draft 4 of the proposed new City Plan has this earmarked for a height increase to 44m & density to RD8 which allows 1 bedroom/13m².
- This townhouse is an ideal "buy & hold" opportunity. Get a great rent return or live here yourself while waiting for the right developer to come along if the new plan is approved. (more details available at Gold Coast Council's https://gchaveyoursay.com.au/ website)

Don't be the one who misses out. Come & see this weekend or call Joe Farr for the full rundown on this sensational property.

Disclaimer: Whilst all care and attention has been taken to ensure that the information contained in the above advertisement is true and correct at the time of publication, Platinum Properties gives no warranty or assurance and makes no representation as to the accuracy or reliability of the information contained. It is advised that any prospective purchaser make their own enquiries and/or inspection prior to purchase.

Features