SOLD
Sold on 10 Sep 2023 for $475,000

1/25 Imperial Parade
Labrador QLD 4215

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 64m2
Land area: 361m2
Sold By
Melanie Dravitzki
SOUTH PACIFIC REALTY
Robert Knight
SOUTH PACIFIC REALTY
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Property Details for 1/25 Imperial Pde, Labrador

1/25 Imperial Pde, Labrador is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1980. The property has a land size of 361m2 and floor size of 64m2. While the property is not currently for sale or for rent, it was last sold in September 2023. There are other 2 bedroom Unit sold in Labrador in the last 12 months.

Building Type
Unit
Year Built
1980
Floor Size
64m2
Land Size
361m2
Local Government
Gold Coast City
Lot/Plan
1/BUP3872

Last Listing description (October 2023)

A functionally renovated two-bedroom, one-bathroom and single car residence with compact living and dining area and island breakfast bar. Contemporary laminate flooring is laid throughout. The stylish, sleek kitchen boasts modern white cabinetry, dishwasher, modern electric stove and cooktop with solid black benchtops. A combination bathroom and laundry sparkles with clean white tiles, floor-to-ceiling tiled shower and an exquisite vanity complimenting a refined space. The property features security screens on all windows and doors and has a private sanctuary patio off the dining area.
An outstanding feature is the property comes fully furnished as seen in the attached photos what you see is what you get !! An ideal opportunity for an investor to earn on day 1 or for a couple or single owner to move in immediately.
The property has only 11 units in the complex including 3 private residences on the ground floor. Location is sensational with approximately 500 metre walk to the Gold Coast Broadwater, restaurants, cafes, hotel and transport to anywhere.


Features:
- 2 Bedrooms
- 1 x bathroom
- Combined Laundry
- Compact Living and dining space
- Outdoor enclosed patio
- Private Access
- Ground floor
- Single car space

Property Details:
- Rental assessment - $460 to $490 per week
- Body Corp $52 per week
- Council rates approx. $900/bi-annually
- Water Rates approx. $250/quarter

Central Location:
- Broadwater - 5 Minute walk
- Australia Fair - 3.9km
- Harbour Town - 3km

Property History for 1/25 Imperial Pde, Labrador, QLD 4215

A timeline of how this property has performed in the market
Last Sold
$475,000
10 Sep 2023
Listed for Rent
19 Aug 2020
  • 10 Sep 2023
    Sold for $475,000
  • 03 Aug 2023
    Listed for Sale SOLD - $475,000
  • 14 Dec 2021
    Listed for Sale Offers Over $250,000
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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 11,915 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:

  • The median value for Houses in Labrador is $1,086,427 while the median value for Units is $666,375.
  • Houses have a median rent of $690 while Units have a median rent of $625.
There are currently 138 properties listed for sale, and 37 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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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.