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Back 230 Government Road
Off Market

230 Government Road

Labrador QLD 4215

3
1
2
506 m²
House
Last sold for $540,000
Ding ZhaoDing Zhao, last sold this property on 17 April 2021 after 38 days on market.

Overview

An exciting opportunity to snap up a great buy. Free standing house for sale.

One of Labrador's best buys has just hit the market offering a development opportunity not to be missed. This centrally located 506sqm flat block has RD3 zoning and with no big trees to be removed, it is ready for you to build a duplex pair (Subject to council approval). The current brick home has been beautifully updated with three light-filled bedrooms and a modern bathroom. There is a quality kitchen with a large island bench and stainless-steel appliances as well as an open-plan layout perfect for family living. New tiles and fresh carpet are on show throughout but there is plenty of space to add your own touches and bring your personal style. A double carport is attached to the home and there is off-street parking as well, plus a large front yard just waiting for the green thumb. At the rear of the house, a huge level yard is ready for the kids to play and there is plenty of space to host friends for a summertime BBQ. You may choose to keep this abode as your forever home and maybe install a pool and create an entertainer's haven, the choice is all yours. For the savvy investor, the current owner will gladly rent the home back after the sale making this an easy-care addition to your portfolio. Or of course you are free to move in right after the settlement date to make it your home. This really is a property bursting with potential. If you are looking for a development opportunity, the large block comes with an impressive 15.3m frontage and the potential to be transformed into a duplex site offering two incomes from the one purchase (Subject to council approval). This incredible property is located just moments from public transport and close to the popular cafes and shops of Chirn Park. You are less than 5 minutes from the Griffith University and Gold Coast University Hospital and only a few minutes more from Surfers Paradise and the family-friendly Broadwater Parklands. Whether you develop this site or invest, there will be no shortage of people wanting to call this piece of paradise home. Location: * 2 mins drive to ALDI Labrador * 3 mins drive to Chirn Place * 5 mins drive to Metro Market Biggera waters * 5 mins drive to Labrador Park Shopping Centre * 6 mins drive to Harbour Town Shopping center * 7mins Gold Coast University Hospital * 9 mins drive to Australia Fair Shopping Centre * 9 mins drive to Southport CBD and Chinatown * 11 mins drive to Surfers Paradise * 26 mins drive to The Star Casino and Pacific Fair Shopping Centre in Broadbeach * 31 mins drive to Bond University * 42 mins drive to Gold Coast Airport * 3 mins drive to Labrador State School * 3 mins drive to Musgrave Hill State School * 5 mins drive to Labrador Kindergarten * 6 mins drive to Biggera Waters State School * 7 mins drive to Southport State School * 7 mins drive to Griffith University * 10 mins drive to St Hilda's School * 15 mins drive to The Southport School Disclaimer: In preparing the information of this listing, we used our best endeavours to ensure that the information contained is true and accurate, but accept no responsibility and disclaim all liability in respect of any errors, omissions, inaccuracies or misstatements that may occur. Prospective buyers should make their own enquiries to verify the information contained herein.

Features

3 bedrooms
1 bathroom
2 carspaces
506 m² lot size
House

Estimated Value

Based on this property and similar 3 bedroom houses sold in Labrador over the last 12 months, the estimated median property value of 230 Government Road is $1.25m.

Median value
$1.25m
Estimated value range
$796k - $1.56m
Median days on market
36
Estimated value trend
21%
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 230 Government Road

2024
Rented
Undisclosed
Leased on 13 Mar 2024 by COCO Real Estate
2022
Rented
Undisclosed
Leased on 14 Jul 2022 by COCO Real Estate
2021
Sold
$540,000
Private Sale/Treaty on 17 Apr 2021 by Ding Zhao, of Ray White Malan + Co - Broadbeach

Happy sellers in Labrador

92%
92% 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 93 reviews in Labrador over the last 12 months.

Local market activity for 3 bedroom houses in Labrador

In the last 12 months, 28 three-bedroom houses similar to 230 Government Road, have been sold.

This represents a 39% increase in three-bedroom houses sales when compared to the previous 12 months.

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