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With a mixed-use DA approval for a residential tower and ground level Commercial facilities, this sizable development site in the heart of Labrador has enormous potential.
Property Features Include:
• Block of land 755M2
• 3 Bedroom older style house, 1 bathroom, property is tenanted at the moment on periodic lease
• DA approved for 13 Luxury Apartments over 4 levels and 3 retail outlets on ground level
• DA approval extended to August 2027
• Large frontage on Frank Street with high commercial exposure
• 2 street frontages in total - Frank Street / Central Street
• 150m to the Broadwater
• Zoning for Medium Density Residential
• City plan height limit 29m on this part of the Gold Coast
• Retail approval includes 3 Food and drink outlet
• 1 level of basement parking plus ground floor parking
Location Features:
• Easy access to Broadwater and the Broadwater Parklands
• Close to Gold Coast University Hospital precinct
• Easy access to M1 motorway for travel North to Brisbane or South to Byron Bay
• Current Labrador population over 19,000 people with growth forecast of 2% p.a.
• Abundance of commercial and dining locations in the area
Please Contact the selling agent Sanja Bilic M: 0433 359 676 or E: sanja.bilic@raywhite.com for further details.
Disclaimer: We have in preparing this information used our best endeavour to ensure that the information contained herein is true and accurate, but accept no responsibility and disclaim all liability in respect of any errors, omissions, inaccuracies or misstatements that may occur. Prospective vendors, purchasers & tenants should make their own enquiries to verify the information contained herein.
Shop 15, Arundel Plaza, Arundel QLD 4214
Call Sanja Bilic on
0433359676
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