Hide IP Address label when no space is available

What does this MR do and why?

Depends on changes at gitlab-ui!2737 (merged)

Changelog: changed

Related to #350357 (closed)

Screenshots or screen recordings

How to set up and validate locally

Numbered steps to set up and validate the change are strongly suggested.

MR acceptance checklist

This checklist encourages us to confirm any changes have been analyzed to reduce risks in quality, performance, reliability, security, and maintainability.

• I have evaluated the MR acceptance checklist for this MR.