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Back 5/150 Frank Street
Off Market

5/150 Frank Street

Labrador QLD 4215

2
1
1
72 m²
Apartment
Last sold for $601,000
Olcay BayarOlcay Bayar, last sold this property on 04 December 2025 after 3 days on market.

Overview

JUST LISTED!

This ground-floor unit presents an exceptional opportunity for buyers looking to secure a site with long-term redevelopment potential down the track. Set within a small boutique complex of just six and zoned Medium Density Residential, the property sits on valuable land in Labrador, one of the Gold Coast's fastest-growing suburbs, offering strong future growth prospects. While neat and tidy as is, the real appeal lies in its redevelopment upside, making it a smart choice for forward-thinking investors or renovators looking to capitalise on Labrador's booming property market. PLEASE NOTE: THIS PROPERTY IS TENANTED TILL 19TH SEPTEMBER 2026 Highlights: • Two spacious bedrooms and one bathroom • Part of a boutique block of six units • Zoned Medium Density - prime for future development • Ideal as a solid investment opportunity Location Benefits: • Just a short walk to local shops, cafes, and the stunning Broadwater • Close to public transport, making commuting easy • Enjoy easy access to a wide range of dining, entertainment, and lifestyle amenities including popular restaurants and Charis Seafoods • Minutes to parks, walking tracks, and the Broadwater Lagoon • Handy to schools, medical centres, and other key services • Currently rented at $500 per week till 19th September 2026 • Body Corporate: approx. $15/week • Council rates: approx. $2,600/year • Water rates: approx. $345/quarter This is a great chance to secure a well-located property with both lifestyle appeal and long-term growth potential.

Features

2 bedrooms
1 bathroom
1 carspace
72 m² floor area
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 5/150 Frank Street is $795.5k.

Median value
$795.5k
Estimated value range
$566k - $1.45m
Median days on market
30
Estimated value trend
13%
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 5/150 Frank Street

2025
Sold
$601,000
Private Sale/Treaty on 04 Dec 2025 by Olcay Bayar, of Coronis Southport
2015
Sold
$214,000
Private Sale/Treaty on 24 Mar 2015 by Tim Gerards, of Harcourts Pacific Pines

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 2 bedroom apartments in Labrador

In the last 12 months, 98 two-bedroom apartments similar to 5/150 Frank Street, have been sold.

This represents a 5% 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 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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