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37 - 39 Central Street,
LABRADOR 4215, Queensland

18 bedrooms
12 bathrooms
21 car spaces
1,021m² land size
House

Price withheld


Features

  • Close to Schools
  • Close to Shops
  • Close to Transport

DEVELOPER'S CUTTING EDGE OPPORTUNITY EXCELLENT POSITION MINUTES FROM BEACH

3 STOREY, 12 UNIT, LOW RISE DEVELOPMENT BLOCK

Brilliantly positioned on the corner of Muir and Central Streets, this sun-drenched, rectangular RD5 zoned block (= 1 dwelling per 50m2) on 1021m2 flat useable land with public transport right outside, sits amongst an eclectic mix of recently built and yet to be developed buildings. The face of this whole area has been gradually changing, welcoming a new entourage of professional young sophisticates with a taste for the good life along with couples and families who all appreciate the area and its proximity to schools, restaurants, bars, clubs and of course, the fabulous Gold Coast beaches, a very short stroll away. So you build 12 units in a 3 storey low rise apartment block. Then what? Sit back and collect all the rent?.....sell a few to recoup capital and rent some out? or sell them all? - you do the math. Either way, returns are looking good, especially as our vendor is very genuine and highly motivated. Do not miss this very real opportunity to invest in a rapidly changing area earmarked for on-going growth.

* RD5 zoning = 1 dwelling per 50m2
* 3 storey height limit - 1021m2 flat usable land
* Close to schools, public transport and amenities
* Minutes to magnificent beaches, clubs, restaurants
* Realistic, motivated vendor

Explore the area


School catchments

  • Labrador State School Primary Prep-6 Government 0.74km
  • Musgrave Hill State School Primary Prep-6 Government 1.7km
  • Mastery Schools Australia - Southport Campus Combined Independent 2.0km
  • St Hilda's School Combined Prep-12 Independent 2.3km
  • Southport State School Primary Prep-6 Government 2.5km

Nearest schools, measured in a straight line from the property. Provided as a guide only; check catchment and enrolment eligibility with the school. School data © ACARA, licensed under CC BY 4.0.


Find out how much home loan repayments will be

It’s important to understand repayment amounts before you apply for a home loan. A Loan Market broker can compare over 100 lenders to find the right loan for you. Use the Loan Market calculator to get a better indication of repayments.

Loan Market Pty Ltd | Australian Credit Licence 390222. All interest rates stated must include "p.a." and the relevant Comparison Rate in full.


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