311/392-398 Marine Pde, Labrador, QLD 4215 | Property Value & History | OnTheHouse
OFF MARKET

311/392-398 Marine Pde
Labrador QLD 4215

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Floor area: 116m2
Land area: 2649m2
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Property Details for 311/392-398 Marine Pde, Labrador

311/392-398 Marine Pde, Labrador is a 3 bedroom, 2 bathroom Unit with 2 parking spaces and was built in 1981. The property has a land size of 2649m2 and floor size of 116m2. While the property is not currently for sale or for rent, it was last sold in May 2021.

Building Type
Unit
Year Built
1981
Floor Size
116m2
Land Size
2649m2
Local Government
Gold Coast City
Lot/Plan
311/SP147433

Last Listing description (May 2021)

Want an amazing space to recharge and reconnect with family and friends? You have found it here at this top floor apartment in the renowned Sandcastles on the Broadwater offering a unique living experience or proven investment in the perfect location. A two level residence with a wonderful combination of dining, family and living spaces on the first plus the convenience of a full bathroom and 2 grand sized bedrooms with superb views of the water.On level two, the vast master suite has a huge walk-in wardrobe and second full bathroom. There is direct access to the open-air rooftop terrace with private undercover spa and the view from here is jaw-dropping. Whether it is a tranquil day with the breeze blowing gently or an action-packed weekend with all manner of watercraft keeping you entertained for hours, the rooftop is where you will spend a lot of time! Features- 3 spacious bedrooms, 2 full bathrooms spread over 2 levels- Tandem car spaces in secure underground garage (ie two cars)- Huge master suite with ensuite and direct access to private roof top terrace with spa and a view straight off a postcard!- Incredible uninterrupted Broadwater views from all 3 bedrooms- Large undercover balcony off main living area overlooks the (amazing) pool, Broadwater and tropical gardens - Air conditioning in main living space and master suite and ceiling fans in other 2 bedrooms- Secure undercover tandem car parking- Fully furnished (yes, you get ALL the furniture, appliances... EVERYTHING!)- One of the best inground pools you will ever see (which is also heated!)- Heated spa- Residents fitness centre with workout room, games room with pool table, self-serve laundry, undercover guest/visitor parking, undercover BBQ facilities- Superbly maintained resort and residences with experienced on-site management- Pet friendly - Tiled and carpeted throughout- Directly opposite Broadwater foreshore, Harley Park, close to local dining/bars/shops, boat ramp- Stairs only (no lift, sorry)The Important Numbers (FY19/20)- $37,789 gross income (pre-COVID19 gross av $52,000pa)- $89.14pw body corporate levies includes 20% pay on time discount- $3,027 council rates (holiday letting)- $1,586 water- $1,391 electricity- $4,988 management fees- $7,309 net profit (pre-COVID19 gross av $31,000pa)- $269,706 sinking fund- $24,500 av permanent rental NPBITIcing on the CakeAn easy 2 minute stroll to the incomparable Broadwater foreshore and with a low body corporate, the extra cash will allow you to dine out regularly at one of the fantastic local restaurants!This apartment is currently in the holiday pool so please call the Exclusive Listing agent Ben Fisher to arrange your viewing.Disclaimer: Disclaimer: The information contained herein is obtained from owners and/or relevant and legitimate third-party sources. We have, in preparing this information, used our best endeavours to ensure that the information is true and accurate however, we accept no responsibility, offer no guarantee or warranty and disclaim all liability in respect of any errors, omissions, inaccuracies or misstatements that may occur. Interested parties must rely solely on their own inquiries to verify the information contained herein.

Property History for 311/392-398 Marine Pde, Labrador, QLD 4215

A timeline of how this property has performed in the market
Last Sold
$562,500
09 May 2021
  • 09 May 2021
    Sold for $562,500
  • 17 Jan 2021
    Listed for Sale $580,000
  • 19 May 2003
    Sold for $420,000
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About Labrador 4215

The size of Labrador is approximately 5.0 square kilometres. There are 19 parks, covering nearly 14.6% of the 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 12,095 properties. Over the last 5 years, Houses in Labrador have seen a 81.27% increase in median value, while Units have seen a 113.87% increase. As at 31 July 2026:

  • The median value for Houses in Labrador is $1,270,536 while the median value for Units is $886,271.
  • Houses have a median rent of $790 while Units have a median rent of $725.
There are currently 123 properties listed for sale, and 37 properties listed for rent in Labrador on OnTheHouse. According to Cotality's data, 514 properties were sold in the past 12 months in Labrador.

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Cotality Copyright and Legal Disclaimers about Property Data
Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.