Property Details for 17 Hunter Ave, Labrador
Last Listing description (May 2021)
Prime Development Opportunity Or Land Bank In a Growing Suburb!
Develop or invest and hold - the choice is yours!
Situated just 250m from the Broadwater, sits this attractively positioned site, embracing 4 separate lots (three titles), spanning across a flat 1,620m2.
In the rising Labrador suburb, approximately just 5km from the world-renowned city of Surfers Paradise, this medium density zoned site is surrounded by famous Gold Coast beaches and several shopping centres, as well as many other amenities.
Currently accommodating 4 houses across all lots, this is also an amazing opportunity to land bank for future potential, with the weekly rental income of $2,020, this opportunity lends itself to several possibilities.
Additional Information -
1,620m2 of flat land with 4 houses (4 bedrooms each house)
40m street frontage approximately
Current rental return of $2,020pw total
5km from Surfers Paradise (approximately 10-minute drive)
Zoned for medium density residential
4x 405m2 lots approximately
11 & 13 Hunter Avenue share one title
Rates approximately $9,000pa across all lots
All inspections will be conducted adhering to COVID-19 Social Distancing Guidelines and Ray White's no-contact policy.
Important: Whilst every care is taken in the preparation of the information contained in this marketing, Ray White Upper Coomera will not be held liable for the errors in typing or information. All information is considered correct at the time of printing.
Property History for 17 Hunter Ave, Labrador, QLD 4215
- 08 Feb 2021Listed for Sale Offers Invited
- 26 Feb 2020Listed for Sale $2,295,000 Negotiable
- 13 Jun 2009Listed for Sale Not Disclosed
Recent sales nearby
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About Labrador 4215
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 12,060 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:
- The median value for Houses in Labrador is $1,252,073 while the median value for Units is $882,165.
- Houses have a median rent of $750 while Units have a median rent of $700.
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