11/5 Proud StreetLabrador QLD 4215
Property Details for 11/5 Proud St, Labrador
11/5 Proud St, Labrador is a 1 bedroom, 1 bathroom Unit. While the property is not currently for sale or for rent, it was last sold in June 2024. There are other 1 bedroom Unit sold in Labrador in the last 12 months.
Last Listing description (June 2024)
Discover the ease of single level living in this fully furnished ground floor unit, recently upgraded to offer modern comfort with a stylish dark green and gold palette.
Located just steps from the Broadwater, with public transport conveniently 100 meters away and surrounded by restaurants, schools, and shopping centres such as Harbour Town and Australia Fair this unit really is in the heart of it all.
Relax in the communal backyard soaking in the sunshine, or take leisurely strolls along Marine Parade, perhaps stopping for fish and chips at the renowned 'Charis'. The peaceful surroundings of the Broadwater are the perfect place to sit and watch the world go by.
This property caters to a variety of lifestyles, making it ideal for first home buyers, investors seeking rental income, retirees seeking convenience, downsizers, and students requiring nearby amenities.
Positioned in the thriving suburb of Labrador, it presents promising opportunities for future growth and land banking.
Property Features:
• Furnished & Vacant: Stylish furnishings throughout, ready for immediate occupancy.
• Open Plan Living/Dining: Spacious layout ideal for entertaining guests.
• Functional Kitchen: Equipped with an electric cooktop and ample storage space
• Air Conditioning: Bedroom features aircon for year-round comfort.
• Modern Bathroom: Sleek design with a shower/bath combination.
• Ample Parking: Plenty of street parking available.
• Large Land Parcel: Part of a 13 units boutique complex on 1621sqm of land
• A large community laundry at rear of complex or space to add your own internally
• NBN connection
Additional Benefits:
• Ideal as a lock-and-leave holiday home.
• Proximity to local schools, shops, and sporting fields.
• Transport, schools and services are all nearby including Southport State High School, Labrador State School, Southport Business District, Gold Coast University Hospital, and the Gold Coast Griffith University Campus.
• Brisbane, and Gold Coast International Airport within 45 minutes.
Opportunities in this sought-after location and price point are rare-act now and schedule your inspection today!
Year Built: 1986
Forecast Rental Appraisal: $460-495 per week
Rates: $1207 approx half yearly
Water: $722.93 approx half yearly
Body Corp: $57 approx per week
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.
Property History for 11/5 Proud St, Labrador, QLD 4215
- 25 Jun 2024Sold for $360,000
- 20 Jun 2024Listed for Sale Contact Agent
- 30 Apr 2024Listed for Rent $500 / 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 11,915 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.
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