SOLD
Sold on 25 Jan 2024 for $568,000

7/89 Frank Street
Labrador QLD 4215

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 75m2
Land area: 784m2
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Property Details for 7/89 Frank St, Labrador

7/89 Frank St, Labrador is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 1999. The property has a land size of 784m2 and floor size of 75m2. While the property is not currently for sale or for rent, it was last sold in January 2024. There are other 2 bedroom Unit sold in Labrador in the last 12 months.

Building Type
Unit
Year Built
1999
Floor Size
75m2
Land Size
784m2
Local Government
Gold Coast City
Lot/Plan
7/SP137733

Last Listing description (April 2024)

Situated in a small block of only 12 units at the rear of the complex, this fantastic ground floor terrace is an unbeatable opportunity to secure low maintenance living just meters from the Broadwater. Secure your lifestyle now and see your money grow as Labrador is earmarked to be one of the suburbs with more growth on the Gold Coast, rapidly changing to be a preferred choice for both owner occupiers and investors.

Boasting an excellent layout with fantastic cross ventilation and a sense of privacy and space, the apartment features a spacious open plan living and dining area adjoining a large covered outdoor terrace. Corner kitchen is very well equipped with plenty of cupboard storage and bench space.

Two sizeable bedrooms with built in robes and Master with ensuite. Good storage throughout and a main bathroom with a separate bath and shower. Underground secure garage for 1 car and potential extra storage if desirable.

Perfect for first home buyers, downsizers and investors alike, this unit features:
* 2 bedrooms both with built-in-robes, the master with ensuite
* 2 full bathrooms (family bathroom with bath and shower plus separate toilet)
* Open plan lounge/dining (North facing) with split system AC & ceiling fan
* Great sized kitchen with dishwasher, separate pantry and breakfast bar
* Single secure car space
* Security screens on all windows and doors
* Sizeable terrace with direct access to large common area

The numbers:
* Body Corporate: Approx. $80 per week
* Council Rates: Approx. $2,400
* Water Rates: Approx. $1,300
* Current Rental: $560 per week until July 2024. Potential rental return around $600 per week

Public transport literally at your doorstop and walking distance to Labrador's cafes and restaurants, this will not last. Call Ana Tulloch today on 0439 343 432 to arrange 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 7/89 Frank St, Labrador, QLD 4215

A timeline of how this property has performed in the market
Last Sold
$568,000
25 Jan 2024
Listed for Rent
$495/w
30 Jun 2022
  • 25 Jan 2024
    Sold for $568,000
  • 01 Dec 2023
    Listed for Sale $575,000
  • 15 Jun 2022
    Listed for Rent $495 / week
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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 11,846 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 127 properties listed for sale, and 31 properties listed for rent in Labrador on OnTheHouse. According to CoreLogic's data, 562 properties were sold in the past 12 months in Labrador.

Suburb Insights for Labrador 4215

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Contact agent
Ana Tulloch
Show contact details
LJ Hooker Broadwater
Preferred contact:
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.