FOR SALE
$450,000 (no GST)

Shop 5/79 Central Street
Labrador QLD 4215

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 59m2
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Fully Leased Retail Investment In Labrador

Excellent retail investment in thriving Labrador. This 59m2 retail shop is leased to a successful hairdressing tenant on a brand new 3x3x3 year nett lease.
The property has the following features:
* Located in busy complex on Central Street in Labrador
* Tenant is on a brand new 3x3 year lease
* Tenant pays 100% of Council rates, water rates and body corporate
* Low maintenance property in a popular complex with zero vacancy
* Other businesses in the complex include long term successful restaurants
* Close to Broadwater and Chirn Park
* Contact agent for full IM

Property Details for Shop 5/79 Central St, Labrador

Building Type
Commercial
Floor Size
59m2

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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 102 properties listed for sale, and 32 properties listed for rent in Labrador on OnTheHouse. According to CoreLogic's data, 576 properties were sold in the past 12 months in Labrador.

Suburb Insights for Labrador 4215

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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.