1/19 Telopea Street, Labrador, QLD, 4215, Australia

The Offer
Unique circumstances have made this prized investment property available, offering an exceptional blend of immediate rental returns and substantial future growth potential. Its prime location combines peace and privacy with easy access to essential amenities, making it a highly desirable long-term investment.

This low-maintenance duplex provides secure tenancy until June 2025, ensuring a steady rental income and financial stability. Thoughtfully designed for modern living, the property features a practical layout that balances comfort and functionality. The three generously sized bedrooms all include built-in wardrobes, maximizing storage and enhancing the spacious feel. Current tenants appreciate the home's versatility, using the ample space for family living, guests, and a home office. This flexibility ensures ongoing tenant demand and steady value growth.

At the heart of the property is a bright, open-plan living and dining area that creates an inviting atmosphere. The well-appointed kitchen, with good bench space, makes meal preparation easy while keeping you connected to the living areas-ideal for entertaining or supervising children. This design significantly enhances tenant appeal, contributing to consistent occupancy rates.

Outside, the investment potential continues. A covered patio is perfect for alfresco dining or relaxing, leading to a private, fully fenced courtyard-ideal for pets and children. The double carport provides sheltered parking for two vehicles and extra storage, adding further convenience. Recent upgrades, including freshly painted gutters and downpipes and a fully refurbished roof, boost the property's curb appeal, making it even more attractive to high-quality tenants and enhancing its long-term rental potential.

Highlights
+ Bright open-plan layout
+ Main bedroom with two built-in wardrobes
+ Two additional guest bedrooms with built-in wardrobes
+ Updated bathroom with separate water closet
+ Laundry room with direct backyard access
+ Generous, fully fenced private backyard
+ Undercover alfresco area, perfect for entertaining
+ Double carport with lockable gate access to backyard
+ Split-system air conditioning in the living area and main bedroom
+ Modern new ceiling fans in all bedrooms
+ New downlights throughout
+ Low-maintenance gardens and minimal shared space
+ Newly refurbished roof, including repointing and fresh paint
+ Newly painted eavestroughs and downpipes
+ Space for a garden shed
+ Secure yard suitable for children and pets
+ Modern, compliant smoke alarms
+ Security screens on windows and doors
+ Peaceful walking paths right at your doorstep

Numbers
+ Secure tenancy until June 3, 2025, at $660 per week
+ 84 sqm internal | 12 sqm covered outdoor area | 47 sqm carport
+ Building insurance: $1,300 p.a.
+ Water $299 per quarter
+ Council rates $1,300 per 6 months
+ Built in 1987

The Icing on the Cake
Positioned in a sought-after area, just minutes from Griffith University, Gold Coast Hospital, G-Link light rail, and major sporting facilities, this duplex is a standout opportunity for investors with an eye for value, looking to secure a prime location asset.

Thinking real estate? We should talk! Call Ben on 044 888 4614, your mate in real estate.

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