99 Kumbari AvenueLabrador QLD 4215
Property Details for 99 Kumbari Ave, Labrador
99 Kumbari Ave, Labrador is a 1 bedroom, 0 bathroom House with 2 parking spaces and was built in 1950. The property has a land size of 698m2. While the property is not currently for sale or for rent, it was last sold in November 2024.
Last Listing description (January 2025)
Unlock the potential of 107 Musgrave Avenue, a prime 698 sqm corner site in the vibrant suburb of Labrador. This outstanding vacant lot, located at a high-visibility corner, offers developers, investors, and future homeowners a unique opportunity. Its prime position ensures excellent exposure, making it an ideal canvas for realizing your vision in a highly sought-after area. The seller is committed to a sale, making this an urgent opportunity to acquire a valuable piece of real estate.
Situated at the intersection of Musgrave Avenue and Kumbari Avenue, this property boasts exceptional visibility and signage opportunities, making it ideal for a diverse range of commercial ventures. The high-traffic nature of the area ensures maximum exposure for your project, whether it's a childcare centre, convenience store, medical facility, or office space, all subject to council approval.
Conveniently located near Labrador's medium-density residential zone and the bustling Chirn Park Village, which offers a variety of local shops, cafes, and restaurants, the site is also just minutes away from major shopping hubs like Australia Fair and Harbour Town, as well as the scenic Broadwater and Southport CBD.
This site previously received Development Approval (DA) for a multi-level medical centre, including three levels of basement parking and three floors of medical offices. This approval highlights the site's potential for substantial, impactful development.
Seize this rare opportunity to create a customized space that meets your vision and capitalizes on the high-traffic, high-exposure location in one of the Gold Coast's most promising areas. Contact our team today to discuss.
Property History for 99 Kumbari Ave, Labrador, QLD 4215
- 01 Nov 2024Sold for $875,000
- 17 Sep 2024Listed for Sale Under Offer
- 12 Dec 2022Sold for $660,000
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 12,056 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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