OFF MARKET

2/4 Senate Street
Labrador QLD 4215

Bedrooms: 4
Bathrooms: 2
Car spaces: 2
Floor area: 100m2
Land area: 85m2
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Property Details for 2/4 Senate St, Labrador

2/4 Senate St, Labrador is a 4 bedroom, 2 bathroom House with 2 parking spaces and was built in 1980. The property has a land size of 85m2 and floor size of 100m2. While the property is not currently for sale or for rent, it was last sold in September 2023.

Building Type
House
Year Built
1980
Floor Size
100m2
Land Size
85m2
Local Government
Gold Coast City
Lot/Plan
2/BUP8308

Last Listing description (July 2024)

There is a huge amount of potential on offer for a savvy buyer with the option to buy one or both duplexes. Centrally situated on an expansive 729sqm block of land, this is the opportunity you've been waiting for. You could opt to move into one duplex and rent the other out, or even explore the potential for future development.

Comprising two duplexes, each duplex boasts a generously proportioned open-plan living/dining space that seamlessly connects to a private undercover entertaining area. The kitchen has been updated and offers ample storage, while the two bedrooms are serviced by the main bathroom. Additionally, the property features a fully fenced yard and a single lock-up garage with internal access. Nestled in a tranquil, leafy street in Labrador, this property caters to a diverse range of needs, from first-time home buyers to astute investors or ambitious developers.

Both duplexes feature:

- Two generous bedrooms
- Renovated main bathroom
- Practical updated kitchen with breakfast bar
- Open plan living/dining areas
- Plenty of built in storage
- Split system air conditioning
- Ceiling fans throughout
- Single lock up garage with internal access
- Large fully fenced backyard, pet friendly

Other features include:
- Oversized garden shed in duplex 2
- No body corporate fees, shared building insurance
- Projected rental return of $650 per week for each duplex
- 5 minutes to the M1 motorway
- Southport Sharks cafe, dining, rooftop bar and gym within walking distance

With everything at your doorstep - local bus services, shops, Griffith University, and the Gold Coast University Hospital - life becomes effortlessly convenient. Labrador is a rapidly evolving suburb, continuously enhancing its profile through new developments. Seize the opportunity to secure your future today.

Disclaimer: Whilst every effort has been made to ensure the accuracy of these, no warranty is given by the vendor or the agent as to their accuracy. Interested parties should not rely on these as representations of fact but must instead satisfy themselves by inspection or otherwise.

Property History for 2/4 Senate St, Labrador, QLD 4215

A timeline of how this property has performed in the market
Last Sold
$650,000
04 Sep 2023
  • 04 Sep 2023
    Sold for $650,000
  • 30 Aug 2023
    Listed for Sale Under Contract
  • 29 Jan 2011
    Listed for Sale Not Disclosed
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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 11,850 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.
There are currently 131 properties listed for sale, and 43 properties listed for rent in Labrador on OnTheHouse. According to CoreLogic's data, 566 properties were sold in the past 12 months in Labrador.

Suburb Insights for Labrador 4215

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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.