FOR SALE
Auction On-site Friday 11 October at 11am

292 Marine Parade
Labrador QLD 4215

Bedrooms: 4
Bathrooms: 4
Car spaces: 2
Floor area: 280m2
Land area: 556m2
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Auction Time
Fri 11 Oct 11:00 am
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Original House With Upside Potential Fronting the Broadwater

On the market for the first time, this classic brick-and-tile waterside home offers the rare combination of position and potential in a tightly held northern pocket.
In the same family for the past 43 years, the well-maintained, two-storey residence on an east-facing 556m2* corner block offers stunning views of the Gold Coast Seaway, Marina Mirage and the city skyline. Soak up cool ocean breezes from the front yard just, just metres from the glistening Broadwater, where endless boating, fishing and water-based activities promote a carefree coastal lifestyle. Relax on the upper-level balcony and watch sailboats and super-yachts cruise by, or stroll to one of a number of nearby cafes and restaurants.
A thoughtful floorplan includes a kitchen, lounge and dining area on both levels, making it ideal for dual or multi-generational living. Ample off-street parking frees up a secure double garage for use as additional living or storage space.
Generating a significant rental return, the property is a savvy investment or, for the right buyer, a prime development opportunity thanks to its high-density residential zoning in a blue-chip, waterfront location.
The Highlights;
- Two-level brick home east-facing, 556m2* block opposite the Broadwater foreshore
- High-density residential zoning
- Stunning views of Wave Break Island, Curlew Island, Gold Coast Seaway, Marina Mirage and the city skyline
- Central and sought-after location surrounded by key conveniences
- Direct ocean access from nearby Loders Creek Boat Ramp and Broadwater Parklands Boat Ramp
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Property Details for 292 Marine Pde, Labrador

292 Marine Pde, Labrador is a 4 bedroom, 4 bathroom House with 2 parking spaces. The property has a land size of 556m2 and floor size of 280m2. The place is currently for sale with Kollosche.

Building Type
House
Floor Size
280m2
Land Size
556m2

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About Labrador 4215

The size of Labrador is approximately 5 square kilometres. It has 19 parks covering nearly 14.6% of total area. The population of Labrador in 2011 was 16,401 people. By 2016 the population was 18,277 showing a population growth of 11.4% in the area during that time. The predominant age group in Labrador is 20-29 years. Households in Labrador are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Labrador work in a professional occupation. In 2011, 46.2% of the homes in Labrador were owner-occupied compared with 45.1% in 2016.

Labrador has 11,906 properties. Over the last 5 years, Houses in Labrador have seen a 111.13% increase in median value, while Units have seen a 95.54% increase. As at 31 August 2024:

  • The median value for Houses in Labrador is $1,074,668 while the median value for Units is $666,015.
  • Houses have a median rent of $690 while Units have a median rent of $625.
There are currently 125 properties listed for sale, and 33 properties listed for rent in Labrador on OnTheHouse. According to CoreLogic's data, 587 properties were sold in the past 12 months in Labrador.

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Duncan Longmore
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Kollosche
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