SOLD
Sold on 28 May 2024 for $1,400,000

79 Robert Street
Labrador QLD 4215

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 1062m2
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Property Details for 79 Robert St, Labrador

Building Type
Land
Land Size
1062m2
Local Government
Gold Coast City
Lot/Plan
13/RP97406

Last Listing description (July 2024)

Prime Development Opportunity in the heart of Labrador.

Attention developers! We are pleased to present a golden opportunity for a lucrative real estate investment in the ever-established Labrador. This is a unique chance to acquire one or two parcels of prime land, perfect for residential or commercial development.

This expansive double sized allotment is offering ample space for a high-rise condominium, a gated community, or a commercial complex. The land is already zoned for mixed-use development, providing you with the flexibility to create a project that aligns with your vision and market demand.

Located in the heart of Labrador, this parcel boasts excellent connectivity. It is just a short drive from the waterways, dining and shopping precent, with easy access to major highways, public transportation, and a variety of local amenities. The area is known for its vibrant community, beautiful parks, and top-rated schools, making it a preferred choice for families and young professionals alike.

One of the most significant advantages of this location is its potential for high rental yields and capital growth. Labrador is a rapidly growing suburb, with a strong demand for quality housing and commercial spaces. This is a rare opportunity to tap into this lucrative market and secure that great Australian dream.

In conclusion, this property is not just a piece of land; it's a canvas for you to create your masterpiece. It's an opportunity to build something that will not only generate significant profits but also contribute to the community and enhance the landscape of Labrador.

Property History for 79 Robert St, Labrador, QLD 4215

A timeline of how this property has performed in the market
Last Sold
$1,400,000
28 May 2024
  • 28 May 2024
    Sold for $1,400,000
  • 18 Mar 2024
    Listed for Sale UNDER OFFER
  • 17 Mar 2023
    Listed for Sale Contact Agent
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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.

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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.