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Back 5a/220 Marine Parade
Off Market

5a/220 Marine Parade

Labrador QLD 4215

2
2
1
Apartment
Last sold for $722,500
Greg CorcoranGreg Corcoran, last sold this property on 10 July 2025 after 42 days on market.

Overview

A STONE'S THROW TO THE BROADWATER AND EVERYTHING AMAZING IN THE GC!!

This is a fantastic unit and I would absolutely love to live here!! You'll be across the road from the beautiful Broadwater, which is the ideal area for families, walks, dogs, kids and Sunday sessions. Plus, you're only minutes to the heart of Labrador, meaning that from your front door, there are cafes, bars, Sea World and restaurants. This is the heart of the action. Also not far away is Harbour Town Shopping Centre, the M1 and the beating heart of Southport. The unit is incredibly comfortable and warm, with a wrap-around balcony, 2 spacious bedrooms (master with ensuite), open kitchen, cosy living and dining, as well as the main bathroom. The floor plan is open with views to water from the living and the outside entertaining. Bluewater Apartments have a stunning pool and BBQ area and the complex is incredibly secure. The unit itself is up only one flight of stairs, meaning it's easily accessible. Call Greg on 0475 046 561 to organise an inspection or for any further questions. HIGHLIGHTS: • 2 generous bedrooms (master with ensuite • Across the road from the broadwater and beach • Views directly to the broadwater • 3 minute walk to the Labrador restaurants, bars and social area • Very close to the tram line • A short drive or push bike ride to Southport - Cafes, bars, restaurants and shops (Australia Fair Shopping Centre) • A short drive to Chirn Park - a trendy area of Southport with a budding music and cultural scene • A short drive to Sea World • Large wrap-around balcony • Generous lounge and dining • Great rental return or holiday rental • Potential development site in the future • Swimming pool, BBQ and secure parking • A phenomenal investment opportunity POTENTIAL INCOME: Rental yield: $700-$750 per week Airbnb/Stayz: $429 - $550 per night (depending on season or event) OUTGOINGS: Council - $2500 per year approx Water - $284.81per quarter approx (ex usage) Body Corp - $111.31 per week approx SCHOOL CATCHMENT ZONE: Labrador State School Southport State High School TSS St Hilda's DISTANCES: Bus Stop - 70 m Local Shops- 400 m Major Shopping Centre - 1.1 km Primary School - 1.5 km High School - 3 km Highway - 11 km Light Rail Station - 600 m Beach - 150 m Hospital - 4.9 km Disclaimer: In preparing this information we have used our best endeavours to ensure the information contained herein is true and accurate, but we accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies, or misstatements that may occur. Any photographs show only certain parts of the property as it appeared at the time they were taken. Areas, amounts, measurements, distances and all other numerical information is approximate only. Potential buyers should make their own inspections and enquiries and seek their own independent legal advice before signing a contract of sale, to satisfy themselves that all details relating to the property are correct.

Features

2 bedrooms
2 bathrooms
1 carspace
1 garage space
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 5a/220 Marine Parade 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 5a/220 Marine Parade

2025
Rented
Undisclosed
Leased on 30 Oct 2025 by Ray White TMG
2025
Sold
$722,500
10 Jul 2025 by Greg Corcoran, of Ray White TMG

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 5a/220 Marine Parade, have been sold.

This represents a 5% increase in two-bedroom apartments sales when compared to the previous 12 months.

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