2/38 Chelsea Avenue, Broadbeach, QLD 4218

This is a perfect opportunity to secure a ground-floor 2-bedroom, 1-bathroom apartment with basement parking in a boutique block of only 6 units. In its original condition, the apartment is prime for future renovation.

Ideally positioned, you'll be within walking distance to the beach, sporting fields, light rail station, Bowls Club, patrolled beach, and local shops and caf?s. After 25 years of ownership, the current owner is selling due to a change in circumstances, offering the new owner a great located property with endless future potential.

Currently tenanted until January 15, 2026, at a weekly rent of $600, this property is being sold with tenancy in place and offers immediate investment income.

Zoned for High-Density Residential, "Ivy Court" is set on a 607m? land area.

Features:

? 2 spacious bedrooms with built in robes

? Open plan living dining and breakfast bar

? 1 bathroom with combined laundry

? Separate toilet

? 1 single lock up garage

? East facing patio

? Ground floor position

Building Features:

? Low body corporate

? 250m (approx) from the beach

? 6 apartments in the building

? Body Corporate: $66 per week

? Rates: $1,674.82 per half year

? Water: $378.42 per quarter

Priced to sell. Offers over $650,000.

To arrange a viewing, please contact Brooke Henley-Smith on 0422 133 053 or Andrew Henderson on 0438 691 972.

Disclaimer: We have in preparing this information used our best endeavours to ensure that the information contained herein is true and accurate but 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 contained herein.