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Back 3/4 Broad Street
Off Market

3/4 Broad Street

Labrador QLD 4215

2
1
1
96 m²
0 m²
Apartment
Last sold for $480,000
Peter SimmondsPeter Simmonds, last sold this property on 21 December 2022 after 254 days on market.

Overview

Great opportunity for the Astute Investor / Owner Occupier

Vendors motivated to sell. Contact agent for confidential discussion - 0438 892 373 Current rental return - $400 per week. Rental appraisal to $450 per week Low body corporate fees - $44pw GCCC Rates - $2100/year This centrally located and spacious two-bedroom unit presents an excellent opportunity for the astute buyer or investor. It's currently leased to an exceptional tenant until December 2022. Conveniently located a short stroll to The Broadwater and its family friendly facilities, schools, the highly regarded Charis Seafood restaurant, shops and The Grand Hotel. This superb apartment is of solid brick and tile construction, is well presented, neat, tidy and located within a complex of 7 units each with a single garage and additional parking. This unit is located towards the rear of the complex it is shielded from direct road traffic whilst still offering a view of the Broadwater. Property features include: • Light and bright air-conditioned tiled entry, lounge and dining • Open plan kitchen with electric cooktop/oven and storage • 2 bedrooms fully carpeted and both with mirrored wardrobes • Main bathroom/laundry with shower • Separate toilet • Outdoor covered entertaining area with views of The Broadwater • Single lock up garage with power and lighting. Additional off-street parking close by • Excellent rental returns with long standing tenant in place and scope to align rental return to current rental potential • The complex land value creates the possibility for future development opportunities. • Awesome location close to Broadwater parklands, cafes, schools and transport

Features

2 bedrooms
1 bathroom
1 carspace
1 garage space
96 m² floor area
0 m² lot size
Apartment

Estimated Value

Based on this property and similar 2 bedroom apartments sold in Labrador over the last 12 months, the estimated median property value of 3/4 Broad Street is $796k.

Median value
$796k
Estimated value range
$566k - $1.45m
Median days on market
31
Estimated value trend
14%
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 3/4 Broad Street

2024
Rented
Undisclosed
Leased on 08 Dec 2024 by Coastal Broadbeach
2022
Sold
$480,000
21 Dec 2022 by Peter Simmonds, of @realty - QLD
2021
Rented
Undisclosed
Leased on 08 Dec 2021 by Harcourts 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 122 reviews in Labrador over the last 12 months.

Local market activity for 2 bedroom apartments in Labrador

In the last 12 months, 93 two-bedroom apartments similar to 3/4 Broad Street, have been sold.

This represents a 4% increase in two-bedroom apartments sales when compared to the previous 12 months.

Nearby agents

Compare and contact these top performing agents who’ve delivered exception customer service for their clients in Labrador

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Ana Tulloch

Ana Tulloch is an award winning recommended agent for Labrador.  They have 66 local sales and collected 42 local reviews across the last 12 months.

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Mark Saveall

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Jackson James

Jackson James is a recommended agent for Labrador.  They have 13 local sales and collected 10 local reviews across the last 12 months.

  •   5   (23 reviews)
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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

  •   4.9   (204 reviews)
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