1/177 Musgrave Ave, Labrador is a 2 bedroom, 1 bathroom House with 2 parking spaces and was built in 1988. The property has a land size of 90m2 and floor size of 67m2. While the property is not currently for sale or for rent, it was last sold in September 2023. There are other 2 bedroom House sold in Labrador in the last 12 months.
Centrally located, this well presented brick and tile 2 bedroom duplex home is positioned in close proximity to Light Rail Station G:Link, Griffith University, The Gold Coast University Hospital, public transport, Broadwater Parklands and across the road from The Southport Sharks.
Terrific location being only a 400m walk to the huge Musgrave Park and within a 10 minute drive to several shopping centres and major arterial roads including Smith Street Motorway and quick access to Brisbane via the M1.
Currently tenanted, lease ends November 2023 so perfect for either owner occupiers or investors.
No Body Corporate levies, only shared strata insurance.
Featuring:
Internal area - 89sqm + 42sqm of patio
Open plan tiled kitchen and living area with A/C in Lounge
Brand new oven, cooktop
Fully fenced private yard with large grass area, tall perimeter trees and concrete patio area off living
2 bedrooms with double built-in closets and ceiling fans
Open plan tiled living / meals area
Bathroom with bath, shower, vanity and a separate toilet room
Separate laundry room with access to garage and directly outside to clothes line
Single automatic garage with additional parking space in front
Individual water meter (Tenant pays water usage)
Approximate lot size 300sqm
School Catchment:
Musgrave Hill State School 0.97km
Southport State High School 1.69km
Property Information:
Council Rates*: $2,300 per year
Water & Sewerage Rates*: $1,468 per year (tenant pays for usage)
Strata Insurance - $1,485 per year
Current Rent: $450 per week, market appraisal $585 per week in current condition
Built 1998
* approximately
*Disclaimer: We used our best endeavours to ensure that the information contained herein is true and accurate but accept no responsibility and disclaim all liability in respect of any errors, omissions, inaccuracies or misstatements that may occur.
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 11,915 properties. Over the last 5 years, Houses in Labrador have seen a 110.30% increase in median value, while Units have seen a 93.83% increase. As at 31 July 2024:
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