39 Frank Street,
Labrador, QLD 4215

Development Sites & Land • Hotel, Motel & Leisure

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Fully Leased - Near New Block of 18 Apartments On One Title

• Rental Income $325,807* p.a. (fully leased^)
• Total of 15 x one bedroom & 3 x two bedroom apartments
• Currently 1 title can be strata-titled
• Total of 25 car parks with easy street access
• Five years old offering great depreciation
• Total Land area 1,106m2*, Zoned high density residential
• Great location near shops, cafes and Broadwater
• One bedroom units under NRAS with a $125,036* annual tax credit
• Owners serious about selling dont miss this outstanding opportunity!

Auction
Thursday, 27 July 2017 11am
Venue
Gold Coast Turf Club, Racecourse Drive, Bundall

Matthew Fritzsche
Ray White Special Projects (Qld)
0410 435 891

Michael Willems
Ray White Commercial Gold Coast
0412 240 176

*approximately
^Subject to change
**This property is being sold by Auction therefore a price guide cannot be provided. The website may have filtered the property into a price bracket for website functionality purposes.

Property ID: 502450678Last Updated: 24 Sep 2017

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