4/40-42 Imperial ParadeLabrador QLD 4215
Property Details for 4/40-42 Imperial Pde, Labrador
4/40-42 Imperial Pde, Labrador is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1980. The property has a floor size of 74m2. While the property is not currently for sale or for rent, it was last sold in May 2024. There are other 1 bedroom Unit sold in Labrador in the last 12 months.
Last Listing description (September 2013)
Investment apartments @ only $80,000 each, BUT THERE IS A CATCH !
Investment apartments @ only $80,000 each, BUT THERE IS A CATCH !
You need to agree to run the place as well.
She also owns 2 lots consisting of 6 apartments and she wants to sell the 6 apartments at only $80,000 each that comes to $480,000 for the investment apartments and she wants $420,000 for her managers 2 bedroom home and the Management rights.
In total her income is $11,000 per month for the rents of the 6 studio style apartments she owns and her salary for the maintenance and care taking duties she performs.
She will not separate the apartments from the deal.
If you are interested you have to buy the Management Rights and the 6 apartments in one line .
The total price is $900,000 made up of the $480,000 for the 6 apartments and $420,000 for the managers home and the Management Rights.
All income can be verified.
The body corporate fees are $7400 per annum in total for the 6 apartments and $1,600 per annum for the managers home.
The rates are around $6,000 per annum in total with water rates of around 2,000 per annum.
The complex is of brick construction and has a swimming pool.
Call the agent Clayton Crowe anytime.
Property History for 4/40-42 Imperial Pde, Labrador, QLD 4215
- 01 May 2024Sold for $2,800,000
- 02 Feb 2021Sold for $908,000
- 09 Jul 2014Sold for $749,000
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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 11,892 properties.
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