4/7 Leonard Avenue

Positioned in a small block of only 6 apartments, this 1 bedroom apartment will attract any savvy investor as a potential future development site, or a single person or couple wanting to take their first step on the property ladder and are looking to make Surfers Paradise their home. Positioned on the 1st floor in 'Sunkist Lodge', just a stone's throw away from the Surfers Paradise beach & night life, this property is positioned to always attract high rental demand. Open plan in style with large windows offering natural light and currently rented for $425 per week, investors will see plenty of value in long term investing or converting to short stay holiday rental. Plenty of opportunity to further improve/personalize or continue reaping the rewards 'as is'. 1 bedroom self-contained unit in a small 6 unit complex close to all facilities Superb inner city location only 5mins walk to tram, beach, shops, cafes and nightclubs Potential future development site, savvy investors will appreciate the strong rental returns Well maintained with a long term tenant currently paying $425pw Council rates approx $1,300.00 per 6 months Body Corporate is approx $75 per week Lease agreement ends 12th June 2025 1 bedroom, 1 bathroom entrance off the bedroom, separate living area Located on the top floor, 1 car space Perfect investment or first home close to the heart of Surfers Paradise Fantastic buying in an burgeoning inner city location