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Sold on 11 Dec 2024 - Price Unavailable

2/173 Muir Street
Labrador QLD 4215

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 71m2
Land area: 759m2
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Property Details for 2/173 Muir St, Labrador

2/173 Muir St, Labrador is a 1 bedroom, 1 bathroom Unit with 1 parking spaces. The property has a land size of 759m2 and floor size of 71m2. While the property is not currently for sale or for rent, it was last sold in December 2024. There are other 1 bedroom Unit sold in Labrador in the last 12 months.

Building Type
Unit
Floor Size
71m2
Land Size
759m2

Last Listing description (December 2024)

Discover the perfect blend of comfort and outstanding potential in this delightful ground floor, one-bedroom, one-bathroom unit, located in a small block of just six units.

Boasting a larger-than-average open plan layout, this unit offers a spacious living environment that seamlessly connects to the full size kitchen. The bedroom and bathroom are both generously proportioned, ensuring you have the space you need to feel like home. You can step outside to your own patio area where you can unwind and enjoy the fresh air.

This older-style unit is not only ideal for those looking to move straight in but also presents an excellent opportunity to purchase a renovator, making it a great addition to your investment portfolio or to make this your dream home. With the added convenience of a single lock-up garage, you'll have secure parking. The unit is currently tenanted on a periodic lease.

173 Muir Street Labrador is a rare opportunity for investors or future developer to buy two 1 bedroom units and a 2 bedroom unit making that three units for sale in the same block in a much sought after part of Labrador!
This opportunity extends to owner occupiers or investors looking to purchase a single unit.

Situated close to all amenities, including the stunning Broadwater, vibrant cafes, restaurants, and shopping centers, you'll enjoy easy access to public transport and the M1. Plus, the low body corporate levies make this property even more attractive.

Property Features Include:
* 71 m2 floor area
* Fan and air-conditioning
* Usable balcony off the lounge room
* Secure locked garage
* Block of only 6 units
* Low body corporate levies
* Separate Toilet

Financials:-
* Current rental estimate $450 - $500 per week
* Periodic tenancy in place
* Rates $1300 per half year
* Shared water levies
* Electricity paid per useage
* Low body corporate fees

Don't miss out on this fantastic opportunity�contact the local agent, Catherine Nutt today to arrange a private viewing!

Disclaimer: All information contained herewith, including but not limited to the general property description, images, floorplans, figures, price and address, has been provided to Alberport PTY LTD trading as LJ Hooker Broadwater and Catherine Nutt Realty Pty Ltd Licence No 4047862 by third parties. We have obtained this information from sources that we believe to be reliable; however, we cannot guarantee the accuracy and or completeness of this information. The information contained herewith should not be relied upon as being true and correct. You should make independent inquiries and seek your own independent advice.

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Property History for 2/173 Muir St, Labrador, QLD 4215

A timeline of how this property has performed in the market
Last Sold
11 Dec 2024
Listed for Rent
$260/w
23 Nov 2016
  • 02 Oct 2024
    Sold for $442,000
  • 19 Sep 2024
    Listed for Sale $445,000 - $475,000
  • 03 Aug 2022
    Listed for Rent $260 / 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 11,910 properties. Over the last 5 years, Houses in Labrador have seen a 111.16% increase in median value, while Units have seen a 101.17% increase. As at 30 November 2024:

  • The median value for Houses in Labrador is $1,092,582 while the median value for Units is $701,716.
  • Houses have a median rent of $680 while Units have a median rent of $630.
There are currently 103 properties listed for sale, and 32 properties listed for rent in Labrador on OnTheHouse. According to CoreLogic's data, 570 properties were sold in the past 12 months in Labrador.

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Catherine Nutt
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