107 Musgrave AvenueLabrador QLD 4215
Property Details for 107 Musgrave Ave, Labrador
107 Musgrave Ave, Labrador is a 0 bedroom, 0 bathroom House and was built in 1950. The property has a land size of 698m2. While the property is not currently for sale or for rent, it was last sold in December 2022.
Last Listing description (November 2024)
Unlock the potential of 107 Musgrave Avenue, a prime 698 sqm corner site in the vibrant suburb of Labrador. This outstanding vacant lot, located at a high-visibility corner, offers developers, investors, and future homeowners a unique opportunity. Its prime position ensures excellent exposure, making it an ideal canvas for realizing your vision in a highly sought-after area. The seller is committed to a sale, making this an urgent opportunity to acquire a valuable piece of real estate.
Situated at the intersection of Musgrave Avenue and Kumbari Avenue, this property boasts exceptional visibility and signage opportunities, making it ideal for a diverse range of commercial ventures. The high-traffic nature of the area ensures maximum exposure for your project, whether it's a childcare centre, convenience store, medical facility, or office space, all subject to council approval.
Conveniently located near Labrador's medium-density residential zone and the bustling Chirn Park Village, which offers a variety of local shops, cafes, and restaurants, the site is also just minutes away from major shopping hubs like Australia Fair and Harbour Town, as well as the scenic Broadwater and Southport CBD.
This site previously received Development Approval (DA) for a multi-level medical centre, including three levels of basement parking and three floors of medical offices. This approval highlights the site's potential for substantial, impactful development.
Seize this rare opportunity to create a customized space that meets your vision and capitalizes on the high-traffic, high-exposure location in one of the Gold Coast's most promising areas. Contact our team today to discuss.
Property History for 107 Musgrave Ave, Labrador, QLD 4215
- 17 Sep 2024Listed for Sale Under Offer
- 12 Dec 2022Sold for $660,000
- 02 Aug 2022Listed for Sale Sold by John Cole | $660,000
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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 11,847 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.
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