FOR SALE
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9 Central Street
Labrador QLD 4215

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
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DA Approved Mixed Use Development Site

With a mixed-use DA approval for a residential tower and ground level Commercial facilities, this sizable development site in the heart of Labrador has enormous potential.
Property Features Include:
• Block of land 755M2
• 3 Bedroom older style house, 1 bathroom, property is tenanted at the moment on periodic lease
• DA approved for 13 Luxury Apartments over 4 levels and 3 retail outlets on ground level
• DA approval extended to August 2027
• Large frontage on Frank Street with high commercial exposure
• 2 street frontages in total - Frank Street / Central Street
• 150m to the Broadwater
• Zoning for Medium Density Residential
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Property Details for 9 Central St, Labrador

9 Central St, Labrador is a 3 bedroom, 1 bathroom House with 2 parking spaces. The place is currently for sale with Ray White Runaway Bay.

Building Type
House

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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, 585 properties were sold in the past 12 months in Labrador.

Suburb Insights for Labrador 4215

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Sanja Bilic
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Ray White Runaway Bay
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Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.