4-8 Bradford StreetLabrador QLD 4215
Property Details for 4-8 Bradford St, Labrador
4-8 Bradford St, Labrador is a 0 bedroom, 0 bathroom Unit. The property has a land size of 1548m2.
Last Listing description (August 2022)
Tony Grbcic and Adam Grbcic, proudly present "Engin Apartments" building located at 4-8 Bradford Street, Labrador, to the market via a formal Expression of Interest Campaign.
Presenting an unprecedented opportunity to purchase a freehold asset which comprises two residential buildings, which total 30 apartments, currently 100% occupied.
The opportunity comprises:
- 30 residential units over two buildings
The two buildings offer:
- 24 x 1 bedroom + large study (second bedroom) apartments
- 6 x 2 bedroom + large study (third bedroom) apartments
- At grade parking which offers a total of 36 parking bays
The Key Investment Drivers include:
- 100% tenanted with a history of low vacancy rates
- Current Income: $656,240pa
- Majority of units currently under market rental, providing an opportunity to capitalise and increase income upon lease expiries.
As well as providing a stable, secure and reliable cashflow, this property offers a variety of value-add opportunities.
The property is located within Labrador, which is a high-growth corridor only minutes from the Southport Central Business District. A highly desirable locality due to its proximity to all major amenities and services and the lifestyle along the Broadwater Parklands.
For more information on this opportunity, please contact Tony Grbcic or Adam Grbcic from Kollosche Commercial.
Disclaimer: Whilst every effort has been made to ensure the accuracy of these particulars, no warranty is given by the vendor or the agent as to their accuracy. Interested parties should not rely on these particulars as representations of fact but must instead satisfy themselves by inspection or otherwise.
Property History for 4-8 Bradford St, Labrador, QLD 4215
- 17 Feb 2021Listed for Sale Contact Agent
- 18 Dec 2019Listed for Sale $15,000,000
- 06 Sep 2017Listed for Rent - Price not available
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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 12,071 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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