2/3 Fourth Avenue, Labrador, Qld 4215-Image

For Sale

2/3 Fourth Avenue, Labrador, Qld 4215

Offers Over $1,650,000

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Parkings

Last updated on Tuesday, April 14, 2026 ( See property details for 2/3 Fourth Avenue, Labrador, Qld 4215)

Offers Over $1,650,000

Nick Baxter - Real Estate Agent - Harcourts Coastal

Nick Baxter Sales

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AI Property Insight

AI-generated summary for guidance only. We can’t guarantee accuracy -please verify all details independently before deciding.

A versatile tri-level investment property in Labrador offering three separate tenancies and a high return, just 1 km from the Broadwater.

🏡 Property Highlights

Tri-level design with three separate tenancies for diversified income
Prime location just 1 km from the Broadwater offering waterfront proximity
High annual return exceeding $95,000 for savvy investors
Secure investment with multiple income streams from individual tenants
Ideal for investors seeking a blue-chip property with strong rental potential
Spacious layout featuring 6 bedrooms and 3 bathrooms across three levels

✨ Key Features

Open-Plan Living
Built-in Robes
Waterfront / Views
Secure Parking
Outdoor Area
Balcony
Garage
Pet-Friendly
Home Office / Study
Extra Storage (Shed/Linen)

Suburb and Property Insights of Labrador, QLD 4215

Labrador is a vibrant coastal suburb renowned for its proximity to the Broadwater, offering excellent lifestyle amenities, waterfront parks, and convenient access to local shops and transport. It is highly sought after by families and investors alike, with a strong rental market and scenic surroundings. The area boasts a mix of residential properties, including waterfront homes and modern developments, making it an ideal location for both lifestyle and investment. With its relaxed coastal vibe and excellent connectivity, Labrador continues to attract discerning buyers and tenants seeking quality living and strong growth potential.

Frequently Asked Questions

What is the layout and configuration of the three tenancies?

The property is designed as a tri-level home, with each level hosting a separate tenancy, providing privacy and independent living spaces across three floors.

Are there any shared facilities or common areas?

Each tenancy operates independently, with private entrances and facilities; shared outdoor spaces or amenities are not specified.

What are the current rental incomes for each tenancy?

The combined annual return exceeds $95,000, with income distributed across the three separate tenancies, offering diversified cash flow.

Is the property suitable for owner-occupiers or only investors?

While ideal for investors seeking high rental income, the property could also be suitable for owner-occupiers looking for a multi-family residence or future development potential.

What are the maintenance and management considerations for a tri-level property?

Maintenance may involve managing multiple tenants and levels; engaging a property manager can streamline upkeep and tenant relations.

What to ask about this property to agent?

Are there any zoning restrictions or planning overlays that could affect future development or renovations? What are the current council rates, water rates, and strata or body corporate fees, if applicable? Are there any known issues with the property's structure, plumbing, or electrical systems? Is there any history of flooding, bushfire risk, or other environmental hazards in the area? Are there any upcoming developments or construction projects nearby that could impact the property's value or livability? What are the terms of the existing tenancies, including lease expiry dates and rental agreements? Are there any easements, covenants, or restrictions affecting the property? Has the property been inspected recently for pests or other defects? Are there any additional costs associated with maintaining or managing a tri-level, multi-tenancy property? Is the property compliant with all relevant building codes and safety standards?

2/3 Fourth Avenue, Labrador, Qld 4215 - More Details

Offers Over $1,650,000

Type: House
Bedrooms: 6
Bathrooms: 3
Parkings: 6

2/3 Fourth Avenue, Labrador, Qld 4215 - Point Of Interest

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Your Commute at a Glance: 2/3 Fourth Avenue, Labrador, Qld 4215

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Nick Baxter

2/3 Fourth Avenue, Labrador, Qld 4215

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