Description

1,148m2* Labrador Gem with Huge Redevelopment potential

Subdivide, build Townhouses , a Unit Block or Your Dream Executive Home.

Existing on site is a solid double brick 4 bedroom house that can be comfortably lived in or easily rented with substantial holding income while you investigate your best development options.

The current house on site has been a happy family home for 30 years but it's time to downsize. The 4 bedrooms including a huge master bedroom, full length windows in all rooms overlooking established gardens, a large in ground swimming pool and a huge backyard. There are several entertaining areas indoors and outdoors Including a private sun kissed courtyard and double carport with total parking for four cars or boat / caravan.

It also has a recently upgraded kitchen and ensuite, new solar power, new plumbing and guttering and has been recently painted. It is a perfect location for an active family and is only 900 metres, 12* minutes walk to one of the Gold Coast's best swimming enclosures as well as numerous supermarkets and parks . If they reckon there is a better place for kids "tell em they're dreamin".

Zoned - Medium Density Residential, potential development options include; subdivide into 2* or 3* lots RD3 ( minimum lot size -250m2) ; Perfect for a Townhouse development circa 6* dwellings STCA depending on architect / designer confirmation; or a low-rise apartment building circa 10* units subject to council assessment and support with ground floor car parking and units above (either 1 or 2 storeys). The Building Height permissible is 2* storeys (9 metres), however you could potentially achieve a 3 storey building depending on Council outcome.

Located in the heart of Labrador sitting high on the wide Broad street capturing refreshing coastal breezes from the magnificent Broadwater.

This rare property is conveniently located walking and close driving distance to :

• Labrador State School 350* metres • Norm Rix Park 450* metres, Dux Oval 600* metres • Charis Seafood 800* metres • Coles Labrador Park Shopping Centre 900* metres • Grand Hotel & Marine Parade Golden Mile ( Boasting leading restaurant / cafes) 1* km • Metro Market Biggera Waters Shopping Centre 1.1* km • Labrador Tigers AFL Sports Club 1.2* km • Harbour Town Premium Outlets Shopping Centre 2* km • Southport Sharks 3* km • Southport CBD & Gold Coast Aquatic Centre 3.3* km • Gold Coast University Hospital 3.5* km

* Approx.

This property is being sold by auction or without a price and therefore a price guide cannot be provided. The website may have filtered the property into a price bracket for website functionality purposes.

Disclaimer: Ray White has not independently checked any of the information we merely pass on. We make no comment on and give no warranty as to the accuracy of the information contained in this document which does not constitute all or any part of any offer or contract by the recipient. Prospective purchasers / lessees must rely on their own enquiries and should satisfy themselves as to the truth or accuracy of all information given by their own inspections, searches, inquiries, advices or as is otherwise necessary. No duty of care is assumed by Orchid Avenue Realty trading as Ray White Surfers Paradise Commercial divisions toward the recipient with regard to the use of this information and all information given is given without responsibility.

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