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Back 16/63 Olsen Avenue
Off Market

16/63 Olsen Avenue

Labrador QLD 4215

2
1
1
0 m²
Townhouse
Robert WatersonRobert Waterson, last sold this property on 04 May 2026 after 7 days on market.

Overview

CALLING BUILDERS, SAVVY RENOVATERS OR INVESTORS

This townhouse represents a blank canvas for a builder, savvy renovator, or investor looking to create value from the ground up. Sold "as is, where is," the heavy lifting of demolition has already been completed, leaving a shell ready for a total internal transformation. Property Highlights: • Total Internal Strip-Out: All Gyp-rock (plasterboard) has been removed from internal walls, providing a clear view of the framing and services. • Blank Slate Interior: The kitchen and bathroom have been fully removed, allowing you to design a modern layout from scratch. • Renovator's Dream: This is not a "cosmetic fix"—it is a full-scale renovation project for those who want to choose every finish, from the wiring to the wardrobes. • Outdoor Potential: The property includes outdoor space that requires landscaping, offering the chance to create a private garden oasis or a sleek entertaining area • Complex Living: Enjoy the security and community benefits of a townhouse complex including 2 Tropical Swimming Pools Important Note: The property is currently classified as non-habitable. No functioning kitchen, bathroom, or internal wall linings are present. Bring your architect, builder and your vision. This is the lowest-entry point into a sought-after complex—once finished, the equity potential is significant. Location Positioned in a highly convenient part of Labrador, this property places you close to everything. Just minutes to Harbour Town Shopping, Runaway Bay Shopping Centre, Griffith University, and Gold Coast University Hospital. Public transport is right at your doorstep, while the Broadwater, local parks, and beaches are only a short drive away. Whether for lifestyle or investment, this location is hard to beat. VIEWING IS BY APPOINTMENT ONLY Auction 16th May 2026 11am Hillsea Real Estate 74 Bayview Street Runaway Bay Unless Sold Prior Disclaimer: We have in preparing this advertisement used our best endeavours to ensure the information contained is true and accurate, but accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies or misstatements contained. Prospective purchasers should make their own enquiries to verify the information contained in this advertisement.

Features

2 bedrooms
1 bathroom
1 carspace
1 garage space
0 m² floor area
Townhouse

Estimated Value

Based on this property and similar 2 bedroom townhouses sold in Labrador over the last 12 months, the estimated median property value of 16/63 Olsen Avenue is $697.5k.

Median value
$697.5k
Estimated value range
$400k - $915k
Median days on market
29
Estimated value trend
16%
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 16/63 Olsen Avenue

2026
Sold
Undisclosed
Sold Before Auction on 04 May 2026 by Robert Waterson, of Hillsea Real Estate - Arundel

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 121 reviews in Labrador over the last 12 months.

Local market activity for 2 bedroom townhouses in Labrador

In the last 12 months, 25 two-bedroom townhouses similar to 16/63 Olsen Avenue, have been sold.

This represents a 20% increase in two-bedroom townhouses sales when compared to the previous 12 months.

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David Truswell

Sellers who recommend David Truswell have praised them for being local expert, clear communication, honest, responsive, reliable, supportive and great negotiation

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