248 Central StreetLabrador QLD 4215
Property Details for 248 Central St, Labrador
248 Central St, Labrador is a 6 bedroom, 4 bathroom Unit with 6 parking spaces and was built in 1985. The property has a land size of 516m2 and floor size of 81m2. While the property is not currently for sale or for rent, it was last sold in February 2021.
Last Listing description (March 2021)
What a fabulous blue chip investment on one title! This large double storey duplex is rented out room by room and has potential at $1,355 per week. All the work has been done and the tenants are already in, simply purchase and reap the rewards now and into the future!
An ideal location, across the road from Parkwood Plaza, walking distance to transport and only a stones throw to Griffith University and Gold Coast Hospital. Options include keeping the rooms leased as is, tenanting one of the duplexes and live in the other, or move your family in one side!
• Nicely renovated kitchen with stone bench tops and stainless steel appliances
• Large tiled bedroom downstairs
• Two bedrooms upstairs with built ins and fans
• Stylish renovated bathroom upstairs and downstairs
• Enough room for 6 cars to be parked off road and in a secure parking space
• Separately metered
• Both 1 & 2 are mirror images
• No body corporate fees, only insurance of $725 approx. per annum
This represents a fantastic opportunity to secure a promising investment, five rooms are currently rented for $1,140 per week total. Do not delay your interest, the seller has clear instructions to sell now!
Property History for 248 Central St, Labrador, QLD 4215
- 03 Feb 2021Sold for $755,000
- 10 Dec 2019Listed for Sale $775,000 - Viewing By Appointment
- 03 May 2019Sold for $425,000
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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 12,051 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:
- The median value for Houses in Labrador is $1,196,235 while the median value for Units is $845,589.
- Houses have a median rent of $730 while Units have a median rent of $700.
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