5/240 Marine ParadeLabrador QLD 4215
Property Details for 5/240 Marine Pde, Labrador
5/240 Marine Pde, Labrador is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 1983. The property has a land size of 157m2 and floor size of 151m2. While the property is not currently for sale or for rent, it was last sold in November 2019.
Last Listing description (March 2020)
Ray White have the pleasure to present an exciting opportunity that enjoys an absolute waterfront position along the "Golden Mile".
The block is just 6 entire floor apartments
This site boasts uninterrupted views across the Broadwater to Wave Break and South Stradbroke to the north, the Spit & Seaworld to the east and the Surfers Paradise skyline to the south. Arguably situated on one of the best spots along the "Golden Mile" the blue of the Broadwater is just metres from your doorstep, making this an exciting boutique opportunity not to be missed!
Features include
1 residence per floor (total of 6 units)
* Spacious 150 sqm internal
* 2 large bedrooms Ensuite for the Master Bedroom
* Security access via keyed lift
* Two-way bathroom for second bedroom
* Corner oversized balcony with floor to ceiling windows
* Large open plan kitchen with plenty of bench space and storage
* Separate laundry
Don't miss your opportunity to acquire this outstanding investment opportunity on the Golden Mile its a decision you wont regret.
Property History for 5/240 Marine Pde, Labrador, QLD 4215
- 18 Dec 2019Listed for Sale $1,200,000
- 29 Nov 2019Sold for $1,200,000
- 08 Nov 2019Listed for Rent $390 / week
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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 12,078 properties. Over the last 5 years, Houses in Labrador have seen a 89.42% increase in median value, while Units have seen a 119.69% increase. As at 31 May 2026:
- The median value for Houses in Labrador is $1,260,657 while the median value for Units is $873,134.
- Houses have a median rent of $773 while Units have a median rent of $715.
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