79 Robert StreetLabrador QLD 4215
Property Details for 79 Robert St, Labrador
Last Listing description (July 2024)
Prime Development Opportunity in the heart of Labrador.
Attention developers! We are pleased to present a golden opportunity for a lucrative real estate investment in the ever-established Labrador. This is a unique chance to acquire one or two parcels of prime land, perfect for residential or commercial development.
This expansive double sized allotment is offering ample space for a high-rise condominium, a gated community, or a commercial complex. The land is already zoned for mixed-use development, providing you with the flexibility to create a project that aligns with your vision and market demand.
Located in the heart of Labrador, this parcel boasts excellent connectivity. It is just a short drive from the waterways, dining and shopping precent, with easy access to major highways, public transportation, and a variety of local amenities. The area is known for its vibrant community, beautiful parks, and top-rated schools, making it a preferred choice for families and young professionals alike.
One of the most significant advantages of this location is its potential for high rental yields and capital growth. Labrador is a rapidly growing suburb, with a strong demand for quality housing and commercial spaces. This is a rare opportunity to tap into this lucrative market and secure that great Australian dream.
In conclusion, this property is not just a piece of land; it's a canvas for you to create your masterpiece. It's an opportunity to build something that will not only generate significant profits but also contribute to the community and enhance the landscape of Labrador.
Property History for 79 Robert St, Labrador, QLD 4215
- 28 May 2024Sold for $1,400,000
- 18 Mar 2024Listed for Sale UNDER OFFER
- 17 Mar 2023Listed for Sale Contact Agent
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 95.90% increase in median value, while Units have seen a 130.00% increase. As at 31 January 2026:
- The median value for Houses in Labrador is $1,196,235 while the median value for Units is $845,589.
- Houses have a median rent of $730 while Units have a median rent of $700.
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