SOLD
RECENT ADVICE
Sold on 22 Nov 2024 for $352,000

10/5 Proud Street
Labrador QLD 4215

Bedrooms: 1
Bathrooms: 1
Car spaces: -
Floor area: 40m2
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Property Details for 10/5 Proud St, Labrador

10/5 Proud St, Labrador is a 1 bedroom, 1 bathroom Unit and was built in 1986. The property has a floor size of 40m2. While the property is not currently for sale or for rent, it was last sold in November 2024. There are other 1 bedroom Unit sold in Labrador in the last 12 months.

Building Type
Unit
Year Built
1986
Floor Size
40m2
Local Government
Gold Coast City
Lot/Plan
10/BUP7439

Last Listing description (November 2024)

Once upon a time, I think I used to be part of a motel by the sea,
As time went by, astute investors decided to strata title me.

Now I'm independent and free to be sold to somebody new

Who will nurture me while waiting for that developer to come through
To build Units to house many rather than just a few
Maybe some of these Units would have a water view!

40 sq m pocket rocket - I may be smallish but I'm mighty - my location is epic. I'm very affordable for those with a good deposit or equity in other property. Awesome first Investment property. I have a wonderful Tenant looking after me on a Lease till 22.12.24.

I'm part of a small block of 13 units on 1621 sq m of land, so close to our breath taking Gold Coast waterways. Beautiful alfresco lifestyle awaits with cafes and restaurants along Marine Parade including the famous Charis Seafood with their popular Pelican feedings.

Some of my extra-ordinary features include:

* Near new air conditioner to lounge/kitchen added during Tenancy
* Near new upright stove/oven combo - practically a Master Chef kitchen
* Near new front loader washing machine installed after photos - there is a laundry at the rear but you won't need to use it!
* Near new fans to living and bedroom - my new air conditioner in the lounge makes the Unit lovely and cool for me
* Near new vanity and basin - very stylish aren't I, beautiful timber top and extra large basin
* Near new blinds and curtains - I'm a bit shy and like my privacy
* Tiled floors throughout - no carpet to replace ever
* Security screens to front door and windows - keeping me safe and secure
* Great community of residents in the complex - my tenant has made some great friends here
* Huge grassed area at the back for all residents to use - croquet anyone?
* On street parking, no car park for this Unit is available but plenty of parks outside

Very reasonable Body Corporate charges too, only $57 p/wk, Rates $50 p/wk and Water charges $24 p/wk approx

Call now to book a Private Inspection, this will not last - what a great way to get into the property market! Come visit me, you'll love me as much as I do!

Property History for 10/5 Proud St, Labrador, QLD 4215

A timeline of how this property has performed in the market
Last Sold
$352,000
22 Nov 2024
Listed for Rent
$350/w
15 Dec 2022
  • 22 Nov 2024
    Sold for $352,000
  • 09 Oct 2024
    Listed for Sale Offers over $345,000
  • 03 Dec 2022
    Listed for Rent $350 / week
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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 11,846 properties. Over the last 5 years, Houses in Labrador have seen a 107.49% increase in median value, while Units have seen a 102.17% increase. As at 31 October 2024:

  • The median value for Houses in Labrador is $1,068,941 while the median value for Units is $702,019.
  • Houses have a median rent of $680 while Units have a median rent of $630.
There are currently 129 properties listed for sale, and 30 properties listed for rent in Labrador on OnTheHouse. According to CoreLogic's data, 563 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.