Back 7/89 Frank Street
Off Market

7/89 Frank Street

Labrador QLD 4215

2
2
1
0 m²
Unit
Last sold for $568,000
Ana TullochAna Tulloch, last sold this property on 25 February 2024 after 86 days on market.

Overview

TERRACE IN BOUTIQUE BUILDING BY THE BROADWATER

Situated in a small block of only 12 units at the rear of the complex, this fantastic ground floor terrace is an unbeatable opportunity to secure low maintenance living just meters from the Broadwater. Secure your lifestyle now and see your money grow as Labrador is earmarked to be one of the suburbs with more growth on the Gold Coast, rapidly changing to be a preferred choice for both owner occupiers and investors. Boasting an excellent layout with fantastic cross ventilation and a sense of privacy and space, the apartment features a spacious open plan living and dining area adjoining a large covered outdoor terrace. Corner kitchen is very well equipped with plenty of cupboard storage and bench space. Two sizeable bedrooms with built in robes and Master with ensuite. Good storage throughout and a main bathroom with a separate bath and shower. Underground secure garage for 1 car and potential extra storage if desirable. Perfect for first home buyers, downsizers and investors alike, this unit features: * 2 bedrooms both with built-in-robes, the master with ensuite * 2 full bathrooms (family bathroom with bath and shower plus separate toilet) * Open plan lounge/dining (North facing) with split system AC & ceiling fan * Great sized kitchen with dishwasher, separate pantry and breakfast bar * Single secure car space * Security screens on all windows and doors * Sizeable terrace with direct access to large common area The numbers: * Body Corporate: Approx. $80 per week * Council Rates: Approx. $2,400 * Water Rates: Approx. $1,300 * Current Rental: $560 per week until July 2024. Potential rental return around $600 per week Public transport literally at your doorstop and walking distance to Labrador's cafes and restaurants, this will not last. Call Ana Tulloch today on 0439 343 432 to arrange your inspection. Disclaimer: All information contained herewith, including but not limited to the general property description, images, floorplans, figures, price and address, has been provided to Alberport PTY LTD trading as LJ Hooker Broadwater and Ana Tulloch Realty Pty Ltd Licence No 3998095 by third parties. We have obtained this information from sources that we believe to be reliable; however, we cannot guarantee the accuracy and or completeness of this information. The information contained herewith should not be relied upon as being true and correct. You should make independent inquiries and seek your own independent advice.

Features

2 bedrooms
2 bathrooms
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 7/89 Frank Street is $727k.

Median value
$727k
Estimated value range
$390k - $1.4m
Median days on market
31
Estimated value trend
17%
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 7/89 Frank Street

2024
Sold
$568,000
25 Feb 2024 by Ana Tulloch, of LJ Hooker Broadwater
2022
Rented
Undisclosed
Leased on 29 Jun 2022 by Harcourts Property Hub
2022
Sold
$430,000
25 May 2022 by Laura van der Laan, 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 120 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 7/89 Frank Street, have been sold.

This represents a 3% increase in two-bedroom units sales when compared to the previous 12 months.

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