10/29 Ahern St, Labrador is a 2 bedroom, 1 bathroom Unit with 2 parking spaces and was built in 1984. The property has a land size of 462m2 and floor size of 80m2. While the property is not currently for sale or for rent, it was last sold in May 2025. There are other 2 bedroom Unit sold in Labrador in the last 12 months.
This generously sized 2-bedroom, 1-bathroom unit offers a rare opportunity for those looking for a flipper or for first home buyer wanting to add their personal touch and make this their own home. This property also presents as a strong investment opportunity. Currently it would generate approximately $600 per week in rental income, with an increase to $680 per week with some improvements. There's 78m2 of living space including a usable balcony with a leafy outlook across the tree line and local building scape, this property is packed with potential across the board. Although in need of a full renovation, the open-plan layout lends itself perfectly to creating the ideal space to design your dream home. With well-proportioned rooms, and an open-plan living area that flows out onto the balcony - perfect for enjoying the coastal breezes and adding a feel of space.Property Highlights:- 2 spacious, light filled bedrooms- 1 bathroom with a stand alone shower and separate toilet- Ample space for a separate lounge and dining area- Usable balcony off the living area- Rare 2 carparks - a true standout- Approx. 78m2 internal plus balcony - Low body corporate fees- Small block of 12 units- Top floor of a 3 storey walk up catching all the passing breezes from the balconyFinancial Information:- Rates $1 175 per half if paid on time- Water rates $380 per quarter - latest bill- Body Corporate - $68.85 per week or $895 per quarterLocation:This unit is ideally located just a short, easy five-minute walk to the beautiful Broadwater. Public transport is a breeze, with a bus stop only a minute away. You'll be spoiled for choice with several shopping centres nearby, and both Labrador Primary School and Southport High School are within easy reach.The surrounding area is packed with things to do - enjoy a variety of cafs and restaurants along the stunning Broadwater, or take advantage of the nearby parklands, sporting fields, Southport Swimming Pool, and the vibrant Southport CBD, all just moments away.Excellent location - close to transport, shops, schools, and the stunning BroadwaterAvailable to rent, move in or start the renovations now. This is a perfect blank canvas for renovators or those wanting to create a home that reflects their own style, without having to undo someone else's work.Don't miss this rare opportunity to secure a property in a sought-after location with fantastic upside potential. Enquire today!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 Catherine Nutt Realty Pty Ltd Licence No 4047862 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.
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 12,051 properties. Over the last 5 years, Houses in Labrador have seen a 95.90% increase in median value, while Units have seen a 130.00% increase. As at 31 January 2026:
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