FOR SALE
$445,000 - $475,000

5/173 Muir Street
Labrador QLD 4215

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 71m2
Land area: 759m2
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One-Bedroom Retreat So Close to the Broadwater

Welcome to your oversized, open-plan one-bedroom, one-bathroom unit, filled with natural light and refreshing breezes that create a perfect living space. Step outside to your private balcony off the lounge area. An ideal retreat for enjoying some downtime with your favorite beverage while taking in the fresh air.
The unit is in close to original condition and has so much potential for both owner occupiers or investors alike. Why not make this your next project and create your dream home or choose to renovate, relet or onsell.
This prime location places you just moments away from the stunning Broadwater, featuring kilometres of picturesque paths perfect for walking, people-watching, or admiring the lively boating scene.
Convenience is at your fingertips, with numerous shopping centres, Gold Coast University Hospital, Gold Coast University, delightful cafes, restaurants, transport options, and schools all within easy reach. Living here you have ample opportunity to experience a vibrant lifestyle !
173 Muir Street Labrador is a rare opportunity for investors or future developer to buy two 1 bedroom units and a 2 bedroom unit making that three units for sale in the same block in a much sought after part of Labrador!
This opportunity extends to owner occupiers or investors looking to purchase a single unit.
Property Features Include:
* 71 m2 floor area
* Fan and air-conditioning
* Usable balcony off the lounge room
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Property Details for 5/173 Muir St, Labrador

5/173 Muir St, Labrador is a 1 bedroom, 1 bathroom Unit with 1 parking spaces. The property has a land size of 759m2 and floor size of 71m2. The place is currently for sale with LJ Hooker Broadwater.

Building Type
Unit
Floor Size
71m2
Land Size
759m2

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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 123 properties listed for sale, and 35 properties listed for rent in Labrador on OnTheHouse. According to CoreLogic's data, 593 properties were sold in the past 12 months in Labrador.

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Catherine Nutt
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LJ Hooker Broadwater
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