SOLD
Sold on 12 Aug 2024 for $695,000

5/2 Brown Street
Labrador QLD 4215

Bedrooms: 3
Bathrooms: 2
Car spaces: 1
Floor area: 119m2
Land area: 297m2
Sold By
Castle Property Agents Bundall
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Property Details for 5/2 Brown St, Labrador

5/2 Brown St, Labrador is a 3 bedroom, 2 bathroom House with 1 parking spaces and was built in 1994. The property has a land size of 297m2 and floor size of 119m2. While the property is not currently for sale or for rent, it was last sold in August 2024. There are other 3 bedroom House sold in Labrador in the last 12 months.

Building Type
House
Year Built
1994
Floor Size
119m2
Land Size
297m2
Local Government
Gold Coast City
Lot/Plan
5/GTP101397

Last Listing description (September 2024)

The Pitch:

Welcome to 5/2 Brown Street, Labrador, a spacious three-bedroom home nestled within a secure estate that perfectly blends comfort and convenience in one of Labrador's most sought-after locations. This property exudes character with its timeless brick design and charm. This is a rare opportunity as it is the only free-standing home in the entire complex, making it a unique and special find for one lucky buyer. This home features spacious living areas filled with an abundance of natural light and a well-equipped kitchen with stainless steel appliances, plenty of storage, and ample bench space, ideal for culinary adventures. The open-plan living area is an entertainer's dream, offering a bright and airy atmosphere that flows effortlessly to the fenced and immaculate backyard.

There are three generously sized bedrooms, all with built-in robes, ceiling fans, and security screens. Additionally, both the main bathroom and master ensuite have been renovated to enhance the home's charm and allure. Step outside to your private patio, perfect for relaxing or entertaining guests. This exceptional home, the only freestanding property within this gated complex, boasts its own gated yard, ideal for kids or a family pet. The complex provides secure gate access for peace of mind and features a stunning resort-style inground pool and a covered area for relaxation and enjoyment.

The Details:

* Timeless classic design exudes character and charm
* The only freestanding house in the complex - a rare and exclusive property.
* Three generously sized bedrooms, master with ensuite
* Two modern and well-appointed renovated bathrooms
* Functional kitchen with quality electric appliances and ample storage
* Open plan living & dining room filled with an abundance of natural light
* Large fenced backyard offering plenty of space for pets and children to play
* Split system air conditioning to living area
* Ceiling fans to bedrooms and living area
* Separate Laundry with external access
* In-ground pool in quiet complex
* Single lock up remote garage
* Security screens throughout
* Gated, secure complex
* Security screens
* Built 1994

The Location:

Nestled within a secure gated complex, 5/2 Brown Street offers unparalleled convenience in one of the Gold Coast's most sought-after suburbs. Major grocery stores are just across the road, public transport stops are a mere 600 meters away, and the renowned Harbour Town Premium Outlets are a quick 7-minute drive. Daily necessities and seamless public transport are just a stone's throw away.

Beautiful Gold Coast beaches are only a 5-minute drive, and stunning local parks are less than a kilometer away, making 5/2 Brown Street an ideal location for outdoor enthusiasts. Families will appreciate the close proximity to highly regarded schools and easy access to the Gold Coast's major roads. Whether you enjoy spending your free time outdoors, shopping, or dining at one of the many authentic local restaurants, 5/2 Brown Street is the perfect location for all lifestyles.

The Investment:

- Current rental market appraisal: Approximately $720 - $760 p/w
- Council Rates: Approximately $2,000 annually
- Water Rates: Approximately $300 quarterly
- Body Corporate: Approx $96 per week

The Disclaimer:

In the creation of this advertisement, we have made every effort to ensure the accuracy and truthfulness of the information provided. However, we assume no responsibility and disclaim all liability for any potential errors, omissions, inaccuracies, or misstatements that may arise. We strongly advise prospective purchasers to conduct their own investigations and verification of the information contained herein. Furthermore, it is recommended that buyers independently inquire about building approvals and any relevant warranties to ensure complete satisfaction and confidence in their decision. Please be advised that our editing team has solely enhanced the colour of the grass and sky in the image to improve its aesthetic appeal, without any intention to misrepresent the property in any manner. Please be aware that these photos feature digitally staged furniture and do not accurately represent the current condition of the property.

Property History for 5/2 Brown St, Labrador, QLD 4215

A timeline of how this property has performed in the market
Last Sold
$695,000
12 Aug 2024
Listed for Rent
$110/w
19 Jan 2017
  • 12 Aug 2024
    Sold for $695,000
  • 24 Jul 2024
    Listed for Sale Contact Agent
  • 19 Sep 2016
    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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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.