SOLD
Sold on 03 Nov 2023 for $770,000

Frank Street
Labrador QLD 4215

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Land area: 101m2
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Property Details for 501/110 Frank St, Labrador

501/110 Frank St, Labrador is a 2 bedroom, 2 bathroom Unit with 1 parking spaces. The property has a land size of 101m2. While the property is not currently for sale or for rent, it was last sold in November 2023. There are other 2 bedroom Unit sold in Labrador in the last 12 months.

Building Type
Unit
Land Size
101m2
Local Government
Gold Coast City
Lot/Plan
501/SP309784

Last Listing description (January 2024)

Residence 501 SUMMIT is a near new property, with the building completed in 2021. SUMMIT offers elegance and sophistication together with sensational views to the Broadwater and Hinterland. Located on the 5th floor it is the perfect option for those that wanting open views and privacy without compromising and need lots of storage.

Quality timber floors invite you into the sensational property with class and warmth. Architecturally designed for modern quality living close to water without the price tag, SUMMIT is the perfect compromise you will truly love.

Featuring open plan living that offers seamless access to the balcony from the living and dining room. Whilst the contemporary kitchen completes the look with its stone top island bench together with breakfast bar, Omega appliances, induction cook-top and integrated dishwasher and mountain views, you will be envy of all your guests.

With a practical floorplan separating bedrooms from living for privacy and quietness, this property also provides plenty of light and views from all angles incorporating a study nook area for those who work from home or need a space for desk. It is truly a MUST SEE.

Features:
* 2 Large bedrooms with BIRs - luxury ensuite to master and private balcony
* 2 bathrooms both with large showers
* Spacious open plan living + study nook
* North facing balcony with floor to ceiling glass sliding doors for in-out living
* Floor to ceiling engineering designed glass panels
* Superb kitchen boasting quality finishes with island bench & Omega appliances
* Ducted air-conditioning plus reverse cycle & ceiling fans
* Timber floors throughout and 100% wool carpet in bedrooms
* Lots of extra storage and cupboards in this design
* Body Corporate Fees: $80/week approx
* 1 Secured carpark in underground garage
* Pet friendly
* Residential only building (long term tenants welcome)

SUMMIT also offers its residents exclusive access to the:
* Resort swimming pool
* BBQ facilities
* Equipped gym
* Outdoor shower
* Onsite managers
* Plenty of visitors carpark
* Secure bike racks
* Fully secured building with swipe access only to your floor

The Numbers:
* Low Body Corporate of approximately $80 per week
* GCCC Rates $1,500 per year
* GCCC Water $1,300 per year
* Rental Appraisal $720 - $750 per week
* Depreciation Schedule available at request

Conveniently located to:
* Broadwater (approx. 350m)
* Walking distance to boutique cafes & restaurants
* Minutes to Harbour Town & Australia Fair Shopping Centers, Gold Coast Hospital, Griffith University
* Public transport at doorstep

Contact Ana Tulloch 0439 343 432 to organise your inspection.

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 501/110 Frank St, Labrador, QLD 4215

A timeline of how this property has performed in the market
Last Sold
$770,000
03 Nov 2023
  • 03 Nov 2023
    Sold for $770,000
  • 01 Nov 2023
    Listed for Sale $750,000 PLUS OFFERS
  • 06 Oct 2020
    Sold for $480,000

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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 11,905 properties. Over the last 5 years, Houses in Labrador have seen a 106.65% increase in median value, while Units have seen a 98.73% increase. As at 30 September 2024:

  • The median value for Houses in Labrador is $1,045,036 while the median value for Units is $688,523.
  • Houses have a median rent of $690 while Units have a median rent of $625.
There are currently 125 properties listed for sale, and 35 properties listed for rent in Labrador on OnTheHouse. According to CoreLogic's data, 590 properties were sold in the past 12 months in Labrador.

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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.