Back 2/8 Baker Ave
Off Market

2/8 Baker Ave

Labrador QLD 4215

2
1
1
0 m²
Unit
Last sold for $305,000
Sarah WelshSarah Welsh, last sold this property on 24 August 2021 after 54 days on market.

Overview

Excellent Investment Opportunity!

Immaculate unit in Labrador! If you like living just a few hundred metres away from the Broadwater, then this stylishly renovated 2 bedroom unit is a must-inspect for you. Located on the first level with easy entry access, this unit is well-suited to someone looking to downsize or add a very stable addition to their investment portfolio. This unit is also returning the highest rent in the complex at $350/week. With fresh paint and carpet having just been completed, alongside a full 'gut and reno' a little over 5 years ago, this unit has only the highest quality fittings and finishings throughout. The building itself has also had all preventative maintenance completed in recent years, to ensure it stays well maintained. The owners will consider all reasonable offers. Features include the following: - 2 good size bedrooms, with generous built-in robe to main bedroom - Beautifully renovated modern bathroom, combined with laundry - Open plan kitchen with stainless appliances (incl. dishwasher), breakfast bar and ample bench and cupboard space - Lounge area that opens onto balcony with plenty of breeze - Dining area with lots of natural light - Airconditioning plus ceiling fans - Roller blinds to all windows plus Plantation shutters to bathroom and toilet - Single carport space plus plenty of street parking - Secure tower access with intercom on entry - Excellent long term tenant in place returning $350/week Close to plenty of local transport, and just a short stroll to a vast array of local cafes and restaurants, there is nothing left to do but buy and reap the ongoing rewards. Disclosure statement available on request. Inspections welcome by appointment only.

Features

2 bedrooms
1 bathroom
1 carspace
1 carport space
0 m² lot size
Unit

Estimated Value

Based on this property and similar 2 bedroom units sold in Labrador over the last 12 months, the estimated median property value of 2/8 Baker Ave is $740k.

Median value
$740k
Estimated value range
$550k - $1.4m
Median days on market
32
Estimated value trend
23%
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 2/8 Baker Ave

2021
Rented
Undisclosed
Leased on 23 Sep 2021 by RE/MAX Property Centre
2021
Sold
$305,000
24 Aug 2021 by Sarah Welsh, of Farr Real Estate
2019
Rented
Undisclosed
Leased on 21 Nov 2019 by Farr Real Estate

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 2 bedroom units in Labrador

In the last 12 months, 44 two-bedroom units similar to 2/8 Baker Ave, have been sold.

This represents a 7% increase in two-bedroom units sales when compared to the previous 12 months.

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