Images and floorplans are provided for illustrative purposes and remain the property of their respective copyright owners.
Overview
This North-facing apartment is located on the seventh level of a desirable Gold Coast development, presenting an excellent opportunity for first home buyers or downsizers seeking effortless lifestyle and modern conveniences. Its positioning within the Sapphire complex offers appealing amenities and sleek, contemporary finishes that enhance both comfort and style.
Residents will appreciate the lifestyle benefits of the area's upcoming growth and waterfront proximity, making this an attractive option for those valuing both community and convenience. The property is well-suited to individuals or couples who prefer easy access to local facilities while enjoying the tranquil and bright interiors.
The apartment boasts two bedrooms and a single bathroom, complemented by a secure car parking space. The investment viability is underscored by a rental appraisal suggesting a weekly return between $750 and $800, supported by manageable body corporate fees and reasonable council rates, ensuring balanced ongoing costs.
- Body corporate fees are approximately $120 per week.
- Annual council rates are around $2,200.
- Projected rental income ranges from $750 to $800 per week.
This property offers an attractive proposition for buyers seeking contemporary apartment living in a growing precinct with excellent lifestyle potential.
Local Market Insights
In Labrador, Quiet Listings observed 49 new apartments entering the market over the last 30 days, up from 36 during the previous 30-day period, with an average advertised asking price of $933,653. The property type mix of listed properties is predominantly Apartments at 30%, followed by houses (22%), and units (17%). Ray White was the most active agency in this area, representing 40.9% of all new listings in the last 30 days. These insights are based on agencies currently monitored by Quiet Listings and are updated as the local market changes.
While every effort is made to ensure the accuracy and completeness of the property information provided, no guarantee is given. Buyers should independently verify all details, inclusions, availability, pricing, and other relevant information directly with the listing agent before relying on this information.
Location
Labrador QLD 4215
Market Insights for Labrador QLD 4215
Other properties in this postcode
