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SPACIOUS RENOVATED TOP FLOOR APARTMENT 80M FROM BROADWATER

Expressions Of Interest

Unit real estate, Labrador QLD

Rare opportunity to acquire this renovated apartment with three bedrooms, two bathrooms with two car spaces for your sea change or astute addition to your investment portfolio.

This coastal themed apartment located in the highly sort after permanent only Grand Bay Luxury Apartments is affectionately known as The Penthouse due to its top floor location. Its widely considered the one to own here.

Northeast facing this apartment boasts natural light and sea breezes with water views from the balcony and a spacious open plan lounge/dining area finished with plantation shutters and a wall mounted TV.

The kitchen has been updated to create a functional area with ample storage and a breakfast bench area. There are three generous sized bedrooms all with built-ins and wall mounted TVs. Lighting and fans have been replaced along with tiles in the entry, kitchen, bathrooms and even on the balconies to create that perfect flow.

For your vehicles there are two large car spaces along with a additional storage which never goes astray.

You're seconds away to direct pedestrian access of Harley Park Beach where you can enjoy the amazing Broadwater for a swim, a morning walk along the foreshore with a coffee, or why not take in the water views from one of the many cafes or restaurants close by.

Long settlement negotiable for owner occupiers. Currently tenanted until September 2026 at $920 per week with an A+ tenant keen to stay long term.

Private inspections available on request.

BC Levies: Approx. $ 4 900 p.a. ($94 p/wk) Water: Approx. $ 1 600 p.a. ($30 p/wk) Rates: Approx. $ 2 500 p.a. ($48 p/wk)

Features
- Northeast Facing
- Pool & BBQ Area
- Two Car Spaces
- Low Body Corp
- 80m to Beach
- Close to Public Transport
- Close to Harbour Town SC
- Tropical Gardens
- Pet Friendly
- Secure Complex (CCTV & Access Control)
- Onsite Management
- Proactive Committee
- NB: No Lifts

More Information

Property Overview

  • Category: Unit
  • Details:   3    2     2
  • Price: Expressions Of Interest
  • Area: 144m2

Property Features

  • Balcony
  • Intercom
  • Air Conditioned
  • Spa

Investment Information

  • Gross Return: $ 47840
    How much does the property return in rent per year.
  • Net Return: $ 38840
    How much does the property return after all management expenses are deducted.
  • Yield: 4.91%
    The percentage of the Asking Price that the property delivers in Gross Return each year.
  • Guaranteed Return (PA): $ (not disclosed)
    Some managers offer a guaranteed rental return. If applicable, this will be detailed above.
  • Body Corporate Costs: $ 4900
  • Rates PA: $ 2500
  • Management Fee: (not disclosed)%
    How much is charged as a management fee.
  • Cleaning Costs (PA): $ (not disclosed)
    Some holiday properties have cleaning and linen costs to be considered. If so, the costs may be detailed above.
  • Cable and Data costs (PA): $ (not disclosed)
    Some holiday properties are required to have foxtel and internet in order to be let. If so, the costs may be detailed above.
  • Location

  • Address: GRAND BAY LUXURY APARTMENTS 53/38-40 Labrador Street Labrador QLD
  • Inspection Times

    24-Jan-2026 10:00AM to 10:30AM

    Listing Agent Contact Details


    Portrait

    Simon Culotta

    Mobile : 0448 036 ...

    Send an Email:


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      Unit Real Estate

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      SPACIOUS RENOVATED TOP FLOOR APARTMENT 80M FROM BROADWATER (21166985)

      • Area: 144m2
      • Returning (PA): $ 47,840
      • Yield: 4.91%
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      • Property ID: 21166985
      • Broker's Ref:
      • =753702
      • Last Update: 3 days ago.
      • Listing Type: Unit
      • Price: Expressions Of Interest
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      Agent Details


      Portrait

      Simon Culotta

      Mobile : 0448 036 ...

      Send an Email:


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