OFF MARKET

24 Whiting Street
Labrador QLD 4215

Bedrooms: 4
Bathrooms: 2
Car spaces: 3
Land area: 506m2
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Last updated 4 Nov 2024
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Property Details for 24 Whiting St, Labrador

24 Whiting St, Labrador is a 4 bedroom, 2 bathroom House with 3 parking spaces and was built in 1970. The property has a land size of 506m2. While the property is not currently for sale or for rent, it was last sold in March 2016.

Building Type
House
Year Built
1970
Land Size
506m2
Local Government
Gold Coast City
Lot/Plan
1/RP109194

Last Listing description (October 2024)

This is an extremely rare opportunity to secure a superb development site, situated in one of the most rapidly growing enclaves within Labrador only meters to the Broadwater. This corner block is zoned RD5 with a 29m height limit with 50% uplift subject to council approval (STCA). Opportunities are endless, being able to build a duplex, triplex or boutique apartment block STCA.

At present, the property is rented and consists of a large four bedroom home on the block with street frontage to both Whiting and Proud Street, within close proximity to all local amenities. You can build now or build later and land bank for future capital growth whilst maintaining a strong rental income.

This site is perfectly located only 150m from the stunning Broadwater and is only a stone's throw away from major shopping centres and food markets including: Harbour Town & Runaway Bay Shopping Centres, the Gold Coast University Hospital, both private and public schools, restaurants & cafes in Runaway Bay, Labrador and Southport, Griffith University and only a 10 minute drive to Main Beach, 24 Whiting Street has it all!

Excellent 506m2 North facing corner block with 43.3m* street frontage
Build now or build later and achieve a good rental return
Current home consists of four bedrooms, 2 bathrooms and parking
Golden opportunity for someone looking to build, develop or invest
Centrally located to public transport and local amenities
Rarely available in this highly sought after location moments to the Broadwater and local shopping centres, schools, cafes & restaurants
All offers will be presented prior to auction - Golden opportunity

SCTA* - Subject to council approval

Disclaimer:
In preparing this information we have used our best endeavours to ensure the information contained herein is true and accurate, but we accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies, or misstatements that may occur. Prospective purchasers should make their own inquiries to verify the information contained herein.

This property is being sold by auction or without a price and therefore a price guide cannot be provided. The website may have filtered the property into a price bracket for website functionality purposes.

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Property History for 24 Whiting St, Labrador, QLD 4215

A timeline of how this property has performed in the market
Last Sold
$500,000
07 Mar 2016
Listed for Rent
$530/w
10 Aug 2017
  • 04 Oct 2024
    Sold for $1,500,000
  • 01 Aug 2024
    Listed for Sale Auction
  • 08 Aug 2017
    Listed for Rent - Price not available
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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 11,849 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 126 properties listed for sale, and 47 properties listed for rent in Labrador on OnTheHouse. According to CoreLogic's data, 564 properties were sold in the past 12 months in Labrador.

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