Back 1/7 Phillip Street
Off Market

1/7 Phillip Street

Labrador QLD 4215

1
1
1
0 m²
0 m²
Unit
Last sold for $241,000
Andrea StrettonAndrea Stretton, last sold this property on 10 April 2018 after 41 days on market.

Overview

SOLD BY HILLSEA REAL ESTATE ARUNDEL OFFICE

Fabulous opportunity to secure this approx 7 year old property that is currently tenanted for $340 per week. Only 6 Units in the Building. The owner is serious, so don't hesitate to inspect. Located on the first floor and at the front of the building, this modern spacious unit is ideal for the astute buyer. Conveniently located, this great property is within a short walk to the beautiful Broadwater, Charis Seafood, The Grand Hotel,local school, parks, bus stop, shops and vibrant waterfront Eateries and Restaurants. Features: * Spacious 1 Bedroom unit * Modern Kitchen with Stainless Steel Appliances + Dishwasher + Dryer * Good Bathroom & Laundry * Openplan living - Split System Air-conditioning * Lovely balcony to catch the breezes * Small complex of 6 * Low Body Corporate * Ideally located close to waterfront eateries and Restaurants. * Broadwater and The Grand Hotel only a short stroll away * Positioned on the first floor * Secure parking under complex * This fabulous investment property is only a 5 minute drive to the Southport CBD and a little further to Surfers, Runaway Bay and Sea World. To inspect this property please call or email Andrea, the exclusive listing agent to book your viewing.

Features

1 bedroom
1 bathroom
1 carspace
0 m² floor area
0 m² lot size
Unit

Estimated Value

Based on this property and similar 1 bedroom units sold in Labrador over the last 12 months, the estimated median property value of 1/7 Phillip Street is $640k.

Median value
$640k
Estimated value range
$380k - $805k
Median days on market
34
Estimated value trend
45%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Labrador. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 1/7 Phillip Street

2024
Rented
Undisclosed
Leased on 03 Jun 2024 by Harcourts RG
2022
Rented
Undisclosed
Leased on 09 Nov 2022 by Harcourts RG
2021
Rented
Undisclosed
Leased on 19 Jul 2021 by Harcourts RG

Happy sellers in Labrador

93%
93% of sellers in Labrador reported that their sale price either exceeded or met their price expectations.

Labrador stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 115 reviews in Labrador over the last 12 months.

Local market activity for 1 bedroom units in Labrador

In the last 12 months, 9 one-bedroom units similar to 1/7 Phillip Street, have been sold.

This represents a 28% decrease in one-bedroom units sales when compared to the previous 12 months.

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