FOR SALE
$1,645,000

Contact Agent For Address
Labrador QLD 4215

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 1m2
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Holiday Business Near The Stunning Gold Coast Broadwater - ID 8122

Holiday Management Rights For Sale
Multiplier only 3.75 on total net exceeding $265,000
- Separate office, exclusive use
- Spacious and bright 2 BR manager’s unit with large patio
- Supportive and proactive body corporate
- No set office hours in agreements
- Great location on the Gold Coast Highway and only 50m to the broadwater
- All apartments are airconditioned and all have individual balconies
- 5 km from Surfers Paradise
Easy to run business on the northern end of the Gold Coast located between the Gold Coast Highway and the Broadwater. A great destination for family holiday makers, close to lots of amenities with transport at the front door. With a total net profit in excess of $265,000, a separate office detached from the residence and a supportive body corporate, this a secure business for anyone seeking an accommodation business in the lucrative Gold Coast market.
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Property Details for Contact Agent For Address, Labrador

Building Type
Commercial
Floor Size
1m2

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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.

Suburb Insights for Labrador 4215

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Gerard Dixon
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Management Rights Sales Pty Ltd
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Disclaimer
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.