10/20 Bright Ave, Labrador is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1985. The property has a floor size of 81m2. While the property is not currently for sale or for rent, it was last sold in February 2026. There are other 2 bedroom Unit sold in Labrador in the last 12 months.
The owners have issued clear instructions to sell, presenting an outstanding opportunity for first home buyers and savvy investors alike to secure a foothold in one of the Gold Coast's fastest growing coastal suburbs.
Set just a short walk from the Broadwater, this top-floor apartment is tucked away in a boutique complex of only 14 residences, offering immediate lifestyle appeal and long-term investment potential. Positioned on a generous 1,622m² corner block with dual street access, the site also provides exciting future redevelopment upside-making this a purchase that can grow with you over time. Currently tenanted until 31st July 2026, the property delivers a secure income stream while you plan your next move, whether that's to occupy, renovate, or hold for future gains.
Property Features:
Investment & Financial Highlights:
* Rental appraisal: $600 - $640 per week
* Low body corporate fees: approx. $48 per week (pay-on-time discount applied)
* Gold Coast City Council rates: approx. $697 quarterly
* Water: approx. $358 per quarter
Location Highlights:
* Minutes' walk to the Broadwater, waterfront parks, BBQ areas and walking tracks
* Close to Harbour Town, Gold Coast University Hospital and Griffith University
* Cafés, restaurants, gyms, schools and shopping all nearby
* Easy access to the M1 for seamless north and south travel
Whether you're entering the market, investing with confidence, or securing a strategic position for the future, this apartment offers outstanding lifestyle appeal and long-term potential. Act now and contact the agent Robin Fick today to submit your offer ahead of inspection.
Whilst every care is taken in the preparation of the information contained in this marketing, RE/MAX United will not be held liable for the errors in typing or information. Photos have been digitally edited/decluttered for visual purposes. All information is considered correct at the time of printing.
The size of Labrador is approximately 5.0 square kilometres. It has 19 parks covering nearly 14.6% of total area. The population of Labrador in 2016 was 18261 people. By 2021 the population was 18643 showing a population growth of 2.1% in the area during that time. The predominant age group in Labrador is 50-59 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 2021, 50.80% of the homes in Labrador were owner-occupied compared with 45.10% in 2016.
Labrador has 12,073 properties. Over the last 5 years, Houses in Labrador have seen a 99.68% increase in median value, while Units have seen a 127.55% increase. As at 31 March 2026:
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