Back 3/29 Imperial Parade
Off Market

3/29 Imperial Parade

Labrador QLD 4215

2
1
1
0 m²
Unit
Last sold for $505,000
Alex KennedyAlex Kennedy, last sold this property on 22 September 2024 after 19 days on market.

Overview

Solid Investment, Great Location: Perfect for Your Portfolio

This property presents the ideal opportunity for your investment portfolio, offering a solid building in a highly sought after Labrador locale. Just a short stroll from the water, this neat and tidy property ensures that your capital is well protected. With low body corporate fees and minimal maintenance required, it truly ticks all the boxes—simply buy, relax, and watch your investment grow! Situated at the rear of the building on the top floor's north corner, this spacious apartment is part of a small complex of only 10 units. It includes a separate lockable garage with additional storage space, and the balcony captures the northern aspect, flooding the large living space with natural light. The property features three air-conditioning units and ceiling fans in the living room and both bedrooms, with tiled floors throughout for easy maintenance. Currently tenanted by a reliable long-term tenant at $490 per week until 16/04/2025, this property offers an immediate rental income stream. Key features include a north-facing corner aspect with excellent airflow, two large bedrooms with abundant natural light and built-in wardrobes, and a well-appointed kitchen with a convenient servery to the living area. The property also boasts a secure garage with remote control and extra storage space. This property is available exclusively via private inspection. To arrange a viewing, please contact Alex Kennedy on 0472 514 337. Disclaimer: Whilst every effort has been made to ensure the accuracy of these particulars, no warranty is given by the vendor or the agent as to their accuracy. Interested parties should not rely on these particulars as representations of fact but must instead satisfy themselves by inspection or otherwise.

Features

2 bedrooms
1 bathroom
1 carspace
1 garage space
0 m² floor area
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 3/29 Imperial Parade is $727k.

Median value
$727k
Estimated value range
$390k - $1.4m
Median days on market
31
Estimated value trend
18%
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 3/29 Imperial Parade

2026
Rented
Undisclosed
Leased on 16 Mar 2026 by Harcourts Property Hub
2024
Sold
$505,000
22 Sep 2024 by Alex Kennedy, of PRD Real Estate Burleigh Heads
2022
Sold
$389,000
13 Feb 2022 by Ana Tulloch, of LJ Hooker Broadwater

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 119 reviews in Labrador over the last 12 months.

Local market activity for 2 bedroom units in Labrador

In the last 12 months, 47 two-bedroom units similar to 3/29 Imperial Parade, have been sold.

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

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