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Back 32/7 Brown St
Off Market

32/7 Brown St

Labrador QLD 4215

3
3
1
Apartment
Last sold for $565,000
Jackson JamesJackson James, last sold this property on 28 September 2025 after 17 days on market.

Overview

CASH COW INVESTMENT - High Yield Student Accommodation

The Jackson James Team from Ray White Alliance are proud to present 32/7-11 Brown Street, Labrador for sale. This is your chance to secure a set-and-forget investment in a purpose-built student accommodation complex with exceptional rental returns and strong occupancy rates. Currently fully tenanted with 3 long-term student leases already locked in, this property is generating a gross rental income of $910 per week - that's circa 11% gross yield! Located just minutes from Griffith University, Gold Coast University Hospital, public transport, and local shopping, this complex is a preferred accommodation provider for students in the area. Professional onsite management, high demand, and multiple income streams make this a standout opportunity for savvy investors looking for solid returns and low vacancy risk. PROPERTY FEATURES: • 3 fully furnished bedrooms - each with its own ensuite bathroom, study desk, and wardrobe • Shared kitchen, dining, and lounge space • Air conditioning, ceiling fans, modern furnishings, and student-focused layout • Located in a secure, gated complex with onsite management • Complimentary shuttle bus to Griffith University • Access to complex facilities including large swimming pool, gym, and BBQ area INVESTMENT HIGHLIGHTS: • Rental Income: $910 p/w • Tenancy: 3 separate leases • Onsite Professional Management handles day-to-day operations This is an excellent opportunity to secure a high-performing, positively geared investment with low overheads and strong rental demand all year round, thanks to Griffith University's three-trimester calendar. Opportunities like this don't last. This is a true set-and-forget cash cow - ideal for investors looking to maximise returns without lifting a finger. Just let the numbers do the talking! Important: Whilst every care is taken in the preparation of the information contained in this marketing, Ray White will not be held liable for the errors in typing or information. All information is considered correct at the time of printing.

Features

3 bedrooms
3 bathrooms
1 carspace
1 garage space
Apartment

Estimated Value

Based on this property and similar 3 bedroom apartments sold in Labrador over the last 12 months, the estimated median property value of 32/7 Brown St is $1.34m.

Median value
$1.34m
Estimated value range
$565k - $2.18m
Median days on market
33
Estimated value trend
7%
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 32/7 Brown St

2025
Sold
$565,000
Private Sale/Treaty on 28 Sep 2025 by Jackson James, of Ray White Alliance

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 120 reviews in Labrador over the last 12 months.

Local market activity for 3 bedroom apartments in Labrador

In the last 12 months, 38 three-bedroom apartments similar to 32/7 Brown St, have been sold.

This represents a 72% decrease in three-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 68 local sales and collected 44 local reviews across the last 12 months.

  •   4.8   (512 reviews)
  •  44 Reviews in Labrador
  •  68 Sales in Labrador
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Mark Saveall

Sellers who recommend Mark Saveall have praised them for being local expert, clear communication, honest, responsive, reliable, supportive and trustworthy

  •   4.9   (303 reviews)
  •  21 Reviews in Labrador
  •  23 Sales in Labrador
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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   (22 reviews)
  •  10 Reviews in Labrador
  •  13 Sales in Labrador
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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)
  •  9 Reviews in Labrador
  •  21 Sales in Labrador
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