1/50 Government Rd, Labrador is a 4 bedroom, 3 bathroom House with 1 parking spaces. The property has a land size of 277m2 and floor size of 224m2. While the property is not currently for sale or for rent, it was last sold in September 2023.
This stunning architecturally designed duplex is located in the sought-after area of Labrador and offers an exceptional level of luxury living.
For those who want to combine home and business you'll find an exceptionally well appointed space to work from. Currently used as a cosmetic clinic, the possibilities here are truly endless with excellent exposure to your potential client base. This property also has fantastic potential for Airbnb use.
Upon entering the property, you will be greeted by 2.7metre high ceilings throughout and a spacious and light-filled open plan living and dining area- perfect for hosting family gatherings and entertaining.
The large chefs kitchen with stone bench tops is fully equipped with high-quality appliances, ample storage space and an island bench that can be used as a breakfast bar.
This property boasts four bedrooms and three modern bathrooms. The North- East facing generous master suite features a large walk-in robe, ensuite with double vanities, oversized shower and a separate toilet .The other bedrooms share two additional modern bathrooms, ensuring that there is plenty of space for everyone to prepare for the day ahead.
The business space features a reception area, main room and downstairs powder room making it completely self-sufficient and perfect for so many business uses.
Outside, this property features a private outdoor entertaining area, which is perfect for hosting barbecues or enjoying a quiet relaxing drink with friends. The property also boasts a low-maintenance yard, making it the perfect lock-and-leave option for those who love to travel.
Experience the epitome of coastal living in this vibrant suburb, where growth meets tranquility. This home is just a short stroll from the beach, local cafes, restaurants, and shops. The property is also conveniently located close to public transport options, making it easy to get around the Gold Coast.
This booming suburb is lined by the Broadwater and perfect for walks or bike rides along the water or take the jet skis and boat out on the weekends. There are also plenty of parks for the kids, pets and weekend family get togethers. Indulge your senses in an array of al fresco dining options and coffee houses that the area has to offer.
Don't miss out on the opportunity to own this luxurious home and embrace a life of comfort, convenience, and coastal beauty.
Improvements on the property:
A 13kW solar system, which even with new power rates, still provides credit.
Garage converted to a business area with a new roller door, air conditioning, fully tiled, painted and installed a shop front door, making this area separate from the interior of the home.
4th bedroom/study has been tiled and is fantastic for those who cannot do stairs
Additional air-conditioners have been put in place, making the home fully air conditioned.
Upgraded driveway and walkway with a full repaint.
Year Built: 2009
Forecast Rental Appraisal: $1000- $1100 per weekly (approx)
Shared Building Insurance: $1364.42 annually (approx)
Council Rates: $917 half yearly (approx)
Water: $800 half yearly (approx)
Information contained on any marketing material, website or other portal should not be relied upon and you should make your own enquiries and seek your own independent advice with respect to any property advertised or the information about the property.
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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