SOLD
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Sold on 29 Oct 2023 for $488,500

26/71 Olsen Avenue
Labrador QLD 4215

Bedrooms: 2
Bathrooms: 1
Car spaces: 2
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Property Details for 26/71 Olsen Ave, Labrador

26/71 Olsen Ave, Labrador is a 2 bedroom, 1 bathroom DuplexSemi-detached with 2 parking spaces. While the property is not currently for sale or for rent, it was last sold in October 2023. There are other 2 bedroom DuplexSemi-detached sold in Labrador in the last 12 months.

Building Type
DuplexSemi-detached
Local Government
Gold Coast City
Lot/Plan
44/GTP2211

Last Listing description (October 2023)

RELOCATION PLANS MEAN QUICK AUCTION SALE NEEDED on the 28th October

Please …. Don’t hesitate on this very affordable SINGLE LEVEL updated duplex located in the ever popular Cherwood Lodge Complex in Labrador which has only 48 properties & very close proximity to almost EVERYTHING!

Whether you are looking to add to your portfolio or, if you desire a nice compact super low-maintenance home to live in, with low Body Corp fees, then this is for you - don’t let it slip from your fingers.

Features are plenty including;

• Super high ceilings, spacious bright open-plan air-conditioned living with adjoining dining area
• Two generously sized bedrooms, both equipped with built-in robes
• The hip modern Kitchen was only upgraded a few years ago
• Freshly & Professionally painted interior as well as outside area
• Peaceful undercover alfresco courtyard at the rear with gate giving you convenient access to the park
• Extra outdoor area at the front with its north-facing aspect
• A lock-up garage, designated car spot (next to garage) for your extra vehicle as well as numerous visitor parking spots within the complex
• Enjoy the community swimming pool for relaxation as well as the vast grassed areas
• Pet friendly for dogs or cats
• Body Corp Fees of around $63 per week - (includes building insurance)
• Council Rates approx $3800 per annum (Water & Land rates combined)
• Rental potential of approx $530 per week

WHAT'S NEARBY?

A skip and a hop to the bus stop just outside the complex and walking distance to the light rail station at Queen St. How convenient!

Everything you want is within a stone's throw- Smith St Motorway, Harbour Town outlet Shopping/ Dining & Cinema Centre, Broadwater Parklands, Gold Coast Private as well as Public Hospitals & Griffith University

Less than 15 minutes to Southport CBD with its newly renovated Australia Fair Shopping Centre, Chinatown, Runaway Bay Shopping Centre & Super Sports Centre, Paradise Point Village/beach as well as only a little further to Surfers Paradise & The M1

Contact either Wayne or Patrick this week with any questions you have and please view any of the open home times advertised - and prepare to buy this value packed townhouse!

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

Property History for 26/71 Olsen Ave, Labrador, QLD 4215

A timeline of how this property has performed in the market
Last Sold
$488,500
29 Oct 2023
Listed for Rent
$300/w
17 Jan 2013
  • 28 Oct 2023
    Sold for $488,500
  • 06 Oct 2023
    Listed for Sale On Site Auction Saturday 28th October at 11am
  • 18 Jul 2014
    Sold for $240,000
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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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Contact agent
Wayne Oweis
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Patrick Watsana
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Wisdom Realty
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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.