5/60 Frank Street, Labrador, QLD 4215 | Property Value & History | OnTheHouse
OFF MARKET

5/60 Frank Street
Labrador QLD 4215

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
Floor area: 114m2
Land area: 125m2
Estimated Value & Rent
Estimated Value
Estimated Rent
Confidence
Last updated 22 Dec 2025
Low

High
Save

Property Details for 5/60 Frank St, Labrador

5/60 Frank St, Labrador is a 3 bedroom, 1 bathroom Unit with 2 parking spaces and was built in 1975. The property has a land size of 125m2 and floor size of 114m2. While the property is not currently for sale or for rent, it was last sold in January 2019.

Building Type
Unit
Year Built
1975
Floor Size
114m2
Land Size
125m2
Local Government
Gold Coast City
Lot/Plan
5/GTP11

Last Listing description (December 2019)

Situated in the 'El Madrid' block of units on the Ground Floor, you will find this 3 bedroom, 1 bathroom single carport, and single car space unit in the heart of Labrador. Recently the building complete has had the roof replaced and new water pipes installed.
PRIME DEVELOPMENT OPPORTUNITY
Small complex of 5 units. All other units are 2beds, 1 car each and have 5 lot entitlements. This is the ONLY 3 bedroom in the complex and has 7 lot entitlements. So therefore should a developer want to buy this site, you as the new owner would be entitled to more of the winfall, as you have more ownership rights.

FEATURES INCLUDE:
- 3 bedrooms
- 1 bathrooms
- 1 car carport and 1 car space in the open
- seperate laundry
- Full appointed kitchen
- Wel manicured communal garden area at the front of the unit
PROPERTY INFORMATION
Gold Coast City Council Rates: $1,775* p.a. approx
Gold Coast City Water Rates: $2,214* p.a. approx
Body Corporate: $80* per week approx (inc 20% pay on time discount)
Sinking Fund: $21,636* as at 08/11/2018
Rental Appraisal: $300 to $330* per week approx
Current Lease: $245 per week until 17/04/2019. Long term tenant been in the unit for over 10 years.
Year Built: 1976*
Ideally located just South of Charis Seafoods and the Grand Hotel. 1 block from The Broadwater and parklands. Next door to Montezumas Mexican restaurant and only a short stoll to the famous Cav's Steakhouse and Butchery.
Unwind on a quiet tree-lined street along Marine Parade, yet just a stone??s throw from all the action and excitement at Harbour Town and Australia Fair Shopping Centres, that make Labrador so famous.
For further information or to arrange an inspection please contact Brad Scott or Wayne Haase please.
We have in preparing this information used our best endeavours to ensure that the information contained herein is true and accurate, but accept no responsibility and disclaim all liability in respect of any errors, omissions, inaccuracies or misstatements that may occur. Prospective purchasers should make their own enquiries to verify the information contained herein.
* denotes approximate measurements

Property History for 5/60 Frank St, Labrador, QLD 4215

A timeline of how this property has performed in the market
Last Sold
$245,000
23 Jan 2019
  • 04 Jun 2019
    Listed for Sale UNDER OFFER - $248,000 o.n.o - Be Quick!
  • 23 Jan 2019
    Sold for $245,000
  • 13 Nov 2018
    Listed for Sale UNDER OFFER - $248,000 o.n.o - Be Quick!
Sign in to see more transactions
Commute Calculator

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 12,077 properties. Over the last 5 years, Houses in Labrador have seen a 100.34% increase in median value, while Units have seen a 117.39% increase. As at 30 November 2025:

  • The median value for Houses in Labrador is $1,178,344 while the median value for Units is $803,409.
  • Houses have a median rent of $715 while Units have a median rent of $698.
There are currently 65 properties listed for sale, and 33 properties listed for rent in Labrador on OnTheHouse. According to Cotality's data, 592 properties were sold in the past 12 months in Labrador.

Suburb Insights for Labrador 4215

Market Insights
Labrador Trends for Houses
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Labrador Trends for Units
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Neighbourhood Insights
Age
Household
Occupancy
No data to show
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.