3 Fourth Avenue Labrador, QLD 4215

Positioned in one of the most tightly held and desirable pockets of Labrador, this expansive residence in Chirn Park presents a rare and exciting opportunity for investors or large families alike. With three fully self-contained flats spread over three levels, this property offers immediate rental returns and flexible dual-living or multi-generational options - all just moments from beaches, schools, shops, and vibrant dining hubs.

Property Highlights:

• Three self-contained flats across three levels
• Total of 6 bedrooms, 3 bathrooms, and 3 secure garage spaces
• Currently returning $2,065 per week - that's $107,380 per year (gross)

Ground Floor:

• 1 spacious bedroom with built-in robe
• Open-plan kitchen, dining and living area
• Bathroom, laundry, and large triple garage with storage
• Opens out to a covered alfresco and private backyard

First Floor:

• 4 generously sized bedrooms with built-in robes
• Central bathroom plus additional powder room
• Expansive open-plan kitchen with island bench
• Living and dining opening onto a covered balcony with skyline views

Second Floor:

- Studio-style living with city skyline views
- Kitchen, bedroom, and private ensuite

Location Perks:

Set on a quiet, tree-lined street, this home is just a stroll to Chirn Park's buzzing café scene, Broadwater beaches, and top-tier schools including St Hilda's and Southport State High. Enjoy unmatched proximity to light rail, university, hospital, and major shopping precincts.

• Chirn Park Village - 300m
• Southport State High - 1km
• Broadwater Parklands - 2.1km
• Griffith University & GCU Hospital - 2.7km
• Main Beach - 4.3km

Financial Snapshot:

• Lease 1: $595/week (until May 2025)
• Lease 2: $975/week (until May 2025)
• Lease 3: $495/week (until April 2026)
• Council Rates: Approx. $3,450/year
• Water Rates: Approx. $975/year (usage-based)

Whether you're an investor chasing high-yield returns in a blue-chip locale, or a growing family seeking space and flexibility, this property delivers unbeatable value.

Disclaimer: We have, in preparing this information, used our best endeavours to ensure that the information contained herein is true and accurate. However, we accept no responsibility and disclaim all liability in respect of any errors, omissions, inaccuracies, or misstatements that may occur. Prospective purchasers should make their own enquiries to verify the information provided.