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79-81 Musgrave Avenue
Labrador QLD 4215

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 2769m2
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Townhouse Development Opportunity Chirn Park, Labrador

• Approved for 17 Townhouses*
• 11 x 3 Bedrooms, 6 x 2 Bedrooms*
• Corner Location
• Less than 200m to Restaurants & Bars*
• Close proximity to Gold Coast Hospital, Shopping Centres, Broadwater Parklands & Sporting Facilities
• Rare Opportunity, be quick to enquire.
This is an exceptional and limited opportunity in the Chirn Park location, to secure a corner site with a development approval.
Only a short walk to café's and bars this location of Labrador has become extremely trendy for all demographics.
The development approval also represents great end values for the finished residential dwellings and its proximity to surrounding locations such as the Gold Coast Hospital, Harbour Town Shopping Centre and 5 minutes to Southport CBD, makes this desirable for investors and owner occupiers.
For further information contact Brad Merkur.
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Property Details for 79-81 Musgrave Ave, Labrador

Building Type
Commercial
Land Size
2769m2

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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 11,910 properties. Over the last 5 years, Houses in Labrador have seen a 111.16% increase in median value, while Units have seen a 101.17% increase. As at 30 November 2024:

  • The median value for Houses in Labrador is $1,092,582 while the median value for Units is $701,716.
  • Houses have a median rent of $680 while Units have a median rent of $630.
There are currently 103 properties listed for sale, and 32 properties listed for rent in Labrador on OnTheHouse. According to CoreLogic's data, 570 properties were sold in the past 12 months in Labrador.

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Brad Merkur
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