FOR SALE
Offers Over $500,000

3/29 Imperial Parade
Labrador QLD 4215

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
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Solid Investment, Great Location: Perfect for Your Portfolio

This property presents the ideal opportunity for your investment portfolio, offering a solid building in a highly sought after Labrador locale. Just a short stroll from the water, this neat and tidy property ensures that your capital is well protected. With low body corporate fees and minimal maintenance required, it truly ticks all the boxes—simply buy, relax, and watch your investment grow!
Situated at the rear of the building on the top floor's north corner, this spacious apartment is part of a small complex of only 10 units. It includes a separate lockable garage with additional storage space, and the balcony captures the northern aspect, flooding the large living space with natural light. The property features three air-conditioning units and ceiling fans in the living room and both bedrooms, with tiled floors throughout for easy maintenance.
Currently tenanted by a reliable long-term tenant at $490 per week until 16/04/2025, this property offers an immediate rental income stream.
Key features include a north-facing corner aspect with excellent airflow, two large bedrooms with abundant natural light and built-in wardrobes, and a well-appointed kitchen with a convenient servery to the living area. The property also boasts a secure garage with remote control and extra storage space.
This property is available exclusively via private inspection. To arrange a viewing, please contact Alex Kennedy on 0472 514 337.
Disclaimer: Whilst every effort has been made to ensure the accuracy of these particulars, no warranty is given by the vendor or the agent as to their accuracy. Interested parties should not rely on these particulars as representations of fact but must instead satisfy themselves by inspection or otherwise.

Property Details for 3/29 Imperial Pde, Labrador

3/29 Imperial Pde, Labrador is a 2 bedroom, 1 bathroom Unit with 1 parking spaces. The place is currently for sale with PRD BURLEIGH HEADS.

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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 11,905 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 124 properties listed for sale, and 32 properties listed for rent in Labrador on OnTheHouse. According to CoreLogic's data, 583 properties were sold in the past 12 months in Labrador.

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Alex Kennedy
Braiden Smith
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