1003/41 Labrador Street, Labrador QLD 4215

10th floor Broadwater frontage | Park Shore boutique block | refreshed interiors | walk to water This property occupies a rare position in a tightly held boutique complex, where the tenth-floor elevation delivers unobstructed Broadwater views that are increasingly scarce in Labrador’s coastal strip. The refreshed interior with hybrid timber flooring and generous bedroom proportions, including balcony access from both rooms, gives it an edge over dated stock in nearby towers. For an owner-occupier seeking a lock-and-leave coastal home or an investor targeting the premium end of the rental market, the configuration and aspect create genuine differentiation. The 2023 purchase history suggests the current vendor holds at a lower base, which may provide negotiation room in a market where comparable units have recently valued near the million-dollar mark. The flood overlay detected on the complex is the primary risk, though it applies uniformly across the building and has not suppressed values in recent comparable sales. Buyers should verify insurance premiums and strata levies, as these may carry a flood-related premium. The absence of recent direct sales in the building means valuation relies on off-market comparables, so independent appraisal is recommended before committing. The rental estimate of approximately $915 per week offers a solid yield for investors, though the property’s true strength lies in its scarcity as a high-floor unit in a boutique block. Hold for capital growth driven by coastal tightening, or occupy and enjoy the lifestyle advantage that few Labrador apartments can match.