FOR SALE
Offers Over $675,000

7/183 Government Road
Labrador QLD 4215

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
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OPPORTUNITY KNOCKS

Discover this spacious, ensuited 3-bedroom townhouse nestled in the heart of Labrador, just a short stroll from the stunning Broadwater and the vibrant Chirn Park dining and shopping precinct.
This contemporary residence offers a perfect blend of comfort, convenience and style, ideal for investors or future homeowners.
Features:
Bedrooms: 3 generously sized bedrooms, master ensuited
Living Space: Open-plan layout with abundant natural light
Location: Walking distance to The Broadwater, Chirn Park's trendy cafes/ restaurants and shops
Lease: Currently tenanted until February 2025 at $750 per week; providing immediate rental income
Additional Amenities: Secure parking, low-maintenance outdoor area, and modern fixtures throughout.
Seize the opportunity to own a townhouse in one of Labrador's most sought-after areas, combining proximity to beautiful coastal attractions with a strong rental return.
Perfect for investors or those looking to secure a future home in a prime location.
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Property Details for 7/183 Government Rd, Labrador

7/183 Government Rd, Labrador is a 3 bedroom, 2 bathroom Townhouse with 2 parking spaces. The place is currently for sale with Hillsea Real Estate Arundel.

Building Type
Townhouse

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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 11,847 properties. Over the last 5 years, Houses in Labrador have seen a 106.65% increase in median value, while Units have seen a 98.73% increase. As at 30 September 2024:

  • The median value for Houses in Labrador is $1,045,036 while the median value for Units is $688,523.
  • Houses have a median rent of $690 while Units have a median rent of $625.
There are currently 123 properties listed for sale, and 41 properties listed for rent in Labrador on OnTheHouse. According to CoreLogic's data, 563 properties were sold in the past 12 months in Labrador.

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David Truswell
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Hillsea Real Estate Arundel
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