SOLD
RECENT ADVICE
Sold on 18 Oct 2023 for $1,350,000

16 Parker Street
Labrador QLD 4215

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 448m2
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Property Details for 16 Parker St, Labrador

Building Type
Commercial
Land Size
448m2
Local Government
Gold Coast City
Lot/Plan
4/RP55296

Last Listing description (October 2023)

A walk up start opportunity - the DA is already in your back pocket!

Key features of the opportunity include:

* Approved tower delivers panoramic views of the Broadwater

* Current rental income covers property holding costs
* Flexibility: Build now or build later
* 9 Level boutique tower architecturally designed by well-renowned Cottee Parker
* 7 whole of floor apartments with striking internal fit out
* Spacious north-east facing balconies provide stunning views
* 14 Secure car spaces
* Rooftop recreational area including pool
* Prime Location is a short stroll to the picturesque Broadwater
* Amenities close at hand including Grand Hotel, Charis Seafood, Harbour Town and much more

The seller is motivated and this will be sold at Auction if not before! for sale by Public In-Room Auction held on Thursday 28 September 2023 at 11am, at the Gold Coast Turf Club.

Don't miss the opportunity - Contact the selling agents now.

*Approximately:

Disclaimer:
Ray White has not independently checked any of the information we merely pass on. We make no comment on and give no warranty as to the accuracy of the information contained in this document which does not constitute all or any part of any offer or contract by the recipient. Prospective purchasers / lessees must rely on their own enquiries and should satisfy themselves as to the truth or accuracy of all information given by their own inspections, searches, inquiries, advices or as is otherwise necessary. No duty of care is assumed by Orchid Avenue Realty trading as Ray White Surfers Paradise Commercial divisions toward the recipient with regard to the use of this information and all information given is given without responsibility.

Property History for 16 Parker St, Labrador, QLD 4215

A timeline of how this property has performed in the market
Last Sold
$1,350,000
18 Oct 2023
Listed for Rent
$420/w
12 Aug 2016
  • 17 Oct 2023
    Sold for $1,485,000
  • 06 Mar 2023
    Listed for Sale Expressions of interest
  • 04 Dec 2020
    Sold for $700,000
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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 11,915 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.
There are currently 138 properties listed for sale, and 37 properties listed for rent in Labrador on OnTheHouse. According to CoreLogic's data, 570 properties were sold in the past 12 months in Labrador.

Suburb Insights for Labrador 4215

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Craig Cornish
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RWC Gold Coast
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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.