7/151 Frank StreetLabrador QLD 4215
Property Details for 7/151 Frank St, Labrador
7/151 Frank St, Labrador is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1977. The property has a land size of 229m2 and floor size of 57m2. While the property is not currently for sale or for rent, it was last sold in March 2025.
Last Listing description (February 2023)
This stylish, fully renovated unit is perfectly positioned and has had all the money and hard work already spent on it, so all that is left is for you to move straight in and start enjoying.
Located only 100 meters to the fabulous Broadwater, transport on your front door and walking distance to the Grand Hotel, the position of this unit allows you to leave the car at home and walk to a multitude of restaurants, cafes, parks and the swimming lagoon at Charis seafoods.
For the owner occupier it offers a beautiful light character filled space combined with the modern blend of renovation.
For the investor the potential is exciting. Generous rental returns will be on offer (rental appraisal available) low body corporate fees and a complex of only 8 units offers the possibility of long-term redevelopment.
Features include:
- Beautiful, polished hardwood floorboards throughout.
- 2 large bedrooms, both with built in wardrobes
- Modern, 2 pac kitchen with stainless steel appliances, black stone benchtops and an abundance of cupboards and bench space.
- Fully renovated bathroom with new vanity and brushed gold PC items
- Air conditioned, plus fans throughout, but also close enough to the Broadwater to capture those coastal breezes
- Single, covered carport which is off street
Key financial information:
- Body corporate approx. $37.71pw
- Rates $1500 Per year Approx.
- Water $1500 Per year Approx.
- Rental appraisal of $480 to $520 pw
This lovely home is ideal for those looking to get into the Gold Coast market or the savvy investor looking for a rent positive property with long term redevelopment potential.
Either way it represents great value and will not last long.
Contact Alex on 0411510099.
Property History for 7/151 Frank St, Labrador, QLD 4215
- 10 Mar 2025Sold for $490,000
- 15 Dec 2022Sold for $430,000
- 14 Nov 2022Listed for Sale Offers over $399,000
Recent sales nearby
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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 12,050 properties. Over the last 5 years, Houses in Labrador have seen a 97.82% increase in median value, while Units have seen a 125.44% increase. As at 28 February 2026:
- The median value for Houses in Labrador is $1,213,295 while the median value for Units is $858,215.
- Houses have a median rent of $750 while Units have a median rent of $700.
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