SOLD
Sold on 29 Nov 2023 for $550,000

Marine Parade
Labrador QLD 4215

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 66m2
Land area: 74m2
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Property Details for 1407/372 Marine Pde, Labrador

1407/372 Marine Pde, Labrador is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2019. The property has a land size of 74m2 and floor size of 66m2. While the property is not currently for sale or for rent, it was last sold in November 2023. There are other 1 bedroom Unit sold in Labrador in the last 12 months.

Building Type
Unit
Year Built
2019
Floor Size
66m2
Land Size
74m2
Local Government
Gold Coast City
Lot/Plan
1407/SP302284

Last Listing description (February 2024)

*1 Bedroom + Study* Only a few years old and offering glorious views of the Hinterland, this TOP FLOOR (14th Level) apartment has a dedicated study allowing plenty of room for your sleep-over guests or a work from home station. Located opposite Charis Seafood and the Broadwater, it is a fabulous address to enjoy the Gold Coast lifestyle. Fresh, spacious (75m2), light-filled and beautifully maintained by its wonderful tenant, Unit 1407 would make an ideal investment or your 'one day' home.

Well designed with ample storage and superb finishes you will relish in the array of lifestyle amenities on offer in the building. The location will suit everyone with close proximity to parks, CBD, schools, University, Hospital and train.

Offering exceptional value and the extra media / study space that is rare among 1 bedroom apartments, this truly is penthouse living without the high price tag.

PROPERTY FEATURES
- SIZE = 75m2 + car parking space
- Spacious open plan living area
- Tiled living areas and carpet to bedrooms
- Gourmet galley kitchen with stone benchtops and Bosch appliances (gas cook top, electric wall oven dishwasher)
- Security key access to all levels with intercom
- High ceilings and Ducted Zoned A/C + heating to all rooms
- Balcony with view over the park with wrap-around to Broadwater
- Scenic views from lounge and 2nd bedroom to Broadwater
- European Laundry including dryer
- High speed internet
- Roller blinds on all windows

RESIDENT FACILITIES:
- Resident's Lounge
- Children's indoor play area
- Gymnasium
- Inground Pool
- Sauna
- BBQ area with outdoor cinema overlooking park and water

FINANCIALS
- Council Rates approx $2447.04 per year
- Council Water approx $1078 per year (tenants reimburse owners for usage)
- Body Corporate approx $6,512.58 per year ($125.24pw - will reduce to $113pw in June 2024)
- Rent $595 pw. Tenancy until 09/08/2024

PARKING FOR INSPECTIONS VIA BROAD STREET (council parking off the drive-way to Labrador Senior Citizens Club)

DISCLAIMER
We have used our best endeavours to make sure the above information is true and accurate. However, buyers should not rely on this information and are encouraged to make their own enquiries to verify all information. Our agents and agency accept no liability for any errors or omissions. Buyers are encouraged to seek independent legal advice with respect to the property and entering into a contract of sale. References to distances and financials are approximate only.

Property History for 1407/372 Marine Pde, Labrador, QLD 4215

A timeline of how this property has performed in the market
Last Sold
$550,000
29 Nov 2023
  • 29 Nov 2023
    Sold for $550,000
  • 18 Sep 2023
    Listed for Sale Offers over $549,000
  • 05 Oct 2018
    Sold for $431,000

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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 11,846 properties. Over the last 5 years, Houses in Labrador have seen a 106.65% increase in median value, while Units have seen a 98.73% increase. As at 30 September 2024:

  • The median value for Houses in Labrador is $1,045,036 while the median value for Units is $688,523.
  • Houses have a median rent of $690 while Units have a median rent of $625.
There are currently 122 properties listed for sale, and 41 properties listed for rent in Labrador on OnTheHouse. According to CoreLogic's data, 558 properties were sold in the past 12 months in Labrador.

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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.