OFF MARKET

8/151 Frank Street
Labrador QLD 4215

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 64m2
Land area: 229m2
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Property Details for 8/151 Frank St, Labrador

8/151 Frank St, Labrador is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1960. The property has a land size of 229m2 and floor size of 64m2. While the property is not currently for sale or for rent, it was last sold in August 2023.

Building Type
Unit
Year Built
1960
Floor Size
64m2
Land Size
229m2
Local Government
Gold Coast City
Lot/Plan
8/BUP2646

Last Listing description (January 2022)

Selling in Labrador? Call Joe & Michael !

Looking for a beautiful home or weekend retreat in a great Broadwater location? Then come & see Unit 8 in "Narana".

Set on the top floor at the back of a lovely group of just eight units, this two bedroom home is the perfect place to getaway in such a convenient location. With beautiful polished floorboards, updated kitchen & bathroom, and spacious bedrooms this home is ready to move straight in.

8/151 Frank St, Labrador features:
- Open plan living & dining with a cool & breezy north-easterly aspect
- Updated kitchen with near-new oven & loads of storage space
- Renovated bathroom with stylish tiles
- 2 great size bedrooms, both with built-in robes & remote control ceiling fans
- Single carport at the back of the complex with storage space

The Location:
- You'll probably never use the beautiful kitchen as you're just a short stroll to "The Grand" which includes the Coconut Willys restaurant & 360 cafe. Then there's Charis Seafood for the best fish & chips in town, and if Indian food is more to your liking, Tandoor & Curry Hut is a few doors down for mouth watering butter chicken.
- Getting around is easy with bus services right out the front for easy access to Southport, Harbour Town & Helensvale, connecting to the heavy rail to Brisbane CBD or light rail to Broadbeach. And you're going to love the bike & walking track along the Broadwater which takes you all the way to Surfers Paradise and beyond

The Potential:
- For the land banker, this unit sits on a 863m block, currently zoned High Density RD6, up to 53m high with 1 bedroom/33m
- Draft 4 of the proposed new city plan has this earmarked for a height increase to 67m & density to RD8 which allows 1 bedroom/13m.
- With neighbouring low-rise townhouses/units & old free-standing houses on adjoining boundaries, this site has future potential for amalgamation making this an ideal "buy & hold" opportunity. Get a great rent return or live here yourself while waiting for the right developer to come along.

Call Joe Farr or Michael Conrick to arrange a private inspection of this beautiful home. If you wait for the open inspection, you might miss out!

Disclaimer: Whilst all care and attention has been taken to ensure that the information contained in the above advertisement is true and correct at the time of publication, Platinum Properties gives no warranty or assurance and makes no representation as to the accuracy or reliability of the information contained. It is advised that any prospective purchaser make their own enquiries and/or inspection prior to purchase.

Property History for 8/151 Frank St, Labrador, QLD 4215

A timeline of how this property has performed in the market
Last Sold
$465,000
30 Aug 2023
  • 30 Aug 2023
    Sold for $465,000
  • 13 Dec 2021
    Sold for $380,000
  • 18 Oct 2021
    Listed for Sale SOLD BY JOE FARR
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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 11,915 properties. Over the last 5 years, Houses in Labrador have seen a 110.30% increase in median value, while Units have seen a 93.83% increase. As at 31 July 2024:

  • The median value for Houses in Labrador is $1,086,427 while the median value for Units is $666,375.
  • Houses have a median rent of $690 while Units have a median rent of $625.
There are currently 137 properties listed for sale, and 37 properties listed for rent in Labrador on OnTheHouse. According to CoreLogic's data, 570 properties were sold in the past 12 months in Labrador.

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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.