6/29 Leonard Avenue, Surfers Paradise, Qld 4217

Located in a boutique block of just 8 apartments, this charming 1-bedroom unit is an ideal opportunity for both savvy investors and those looking to step into the property market. Whether you're after a future development prospect or a cozy home in the heart of Surfers Paradise, this property ticks all the boxes. Situated on the 1st floor it is mere minutes from the beach and vibrant nightlife, ensuring consistent rental demand.

The apartment features a light-filled open-plan layout with large windows that invite natural light, and is currently tenanted at $420 per week. Investors will appreciate the potential for strong long-term returns or the opportunity to convert it to a short-term holiday rental. With room to personalize or enhance, this property offers plenty of options for those seeking a solid investment or a first home with future potential.

Key Features:

1 bedroom self-contained unit in a small 8-unit complex
Prime location just 5 minutes from the tram, beach, shops, cafes, and nightlife
Strong investment potential, with great rental returns
Currently tenanted at $420 per week with a long-term tenant
Council rates approx. TBA per 6 months
Body Corporate approx. TBA
Lease agreement ends 22nd May 2025
1 bedroom, 1 bathroom, with separate living area located on the top floor.
Fantastic investment or first home opportunity in a rapidly growing inner-city area