SOLD
Sold on 16 Sep 2024 for $730,000

27/224 Marine Parade
Labrador QLD 4215

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 100m2
Land area: 65m2
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Property Details for 27/224 Marine Pde, Labrador

27/224 Marine Pde, Labrador is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1969. The property has a land size of 65m2 and floor size of 100m2. While the property is not currently for sale or for rent, it was last sold in September 2024. There are other 2 bedroom Unit sold in Labrador in the last 12 months.

Building Type
Unit
Year Built
1969
Floor Size
100m2
Land Size
65m2
Local Government
Gold Coast City
Lot/Plan
27/BUP345

Last Listing description (October 2024)

Enjoying breathtaking Broadwater and park views on a prime location on the Golden Mile. Secure your slice of real estate on the most undervalued area on the Gold Coast and see your property value grow. Solid and low maintenance building guarantees low outgoings, with extremely low body corporate fees at $65 per week.

Be welcomed to this bright and lovely 3rd floor corner upgraded apartment with tiled open plan living/dining leading onto the generous East facing and protected balcony, accessible from living and Master bedroom with water views. Recently painted with 2 good size bedrooms, large bathroom and all the convenience, the apartment is set in a low maintenance and well establish building - never to be built out! You won't find a cheaper property on front row on the Golden Mile! Access from the ground level via elevator or stairs at the back. This property comes with a lockable garage with remote control to accommodate one car.

Features include:

* LOCATION, LOCATION, LOCATION
* 2 good sized bedrooms with built in robes
* Air-conditioning in master bedroom
* 1 full bathroom with hidden away designed laundry
* Beautiful views from the balcony
* Well appointed kitchen with many drawers
* Security screen door and block out curtains in bedrooms
* Plenty of natural light and ample storage space throughout
* Secure single lock up garage with remote control automatic door
* Access from the ground level via elevator or stairs
* Low Body Corporate $3,300 per year (Sinking Fund and Admin Fund)
* Currently rented until April 2025 @ $525 pw to great long term tenants
* Rental appraisal from $700 per week
* Council Rates around $2,600 per year

Enjoy your strolls by the pristine Broadwater to restaurants and cafes nearby. Very convenient and sought after location on the Golden Mile, close to public transport, 5 min drive to Southport CBD and major shopping centers.

To arrange your private inspection call Ana Tulloch on 0439 343 432.

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 Ana Tulloch Realty Pty Ltd Licence No 3998095 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.

Property History for 27/224 Marine Pde, Labrador, QLD 4215

A timeline of how this property has performed in the market
Last Sold
$730,000
16 Sep 2024
Listed for Rent
$480/w
13 Oct 2021
  • 16 Sep 2024
    Sold for $730,000
  • 20 Jun 2024
    Listed for Sale Under Contract by Ana Tulloch
  • 03 Sep 2021
    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 11,845 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 130 properties listed for sale, and 30 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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LJ Hooker Broadwater
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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.