FOR SALE
Rare Land Opportunity To Develop

10 Sydney Street
Labrador QLD 4215

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Land area: 834m2
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Build Your Dream Home or Develop

Attention developers, home builders, and savvy land bankers! A rare opportunity has emerged to secure a piece of prime real estate in the highly sought-after suburb of Labrador, Queensland.
Presenting 10 Sydney Street, a desirable block of land extending across 834 square metres, poised for the discerning buyer ready to capitalise on its vast potential. The opportunity also presents to build one property to reside in and one to sell or rent out to extend your property portfolio on the already split 2 x 417m2 blocks.
This vacant lot, nestled within an elevated street, presents a blank canvas upon which to construct an architectural masterpiece, befitting of such a prestigious address. It is a chance to create your dream home in an enviable location, or for the astute developer, the site offers the flexibility to craft two bespoke homes or a series of sophisticated townhouses, each designed to complement the desirable lifestyle that Labrador affords.
The location is second to none; within easy reach of the stunning Gold Coast beaches, bustling shopping districts, and fine dining establishments, 10 Sydney Street stands as a cornerstone for luxury living. It is perfectly positioned for those looking to build immediately, as well as land bankers who recognise the long-term growth prospects of holding prime real estate in this thriving coastal community.
This land-only offering is a rare entry onto the market; such opportunities in Labrador are few and far between. Do not miss your chance to secure this exceptional piece of real estate and realise your vision in a suburb synonymous with elegance and opportunity. Act now to invest in your future with this unparalleled land offering at 10 Sydney Street, Labrador, QLD, 4215.
The Area:
Labrador / Chirn Park Precinct is one of the Gold Coast's most sought after suburbs and prices in this area are only on the rise.
A 300m stroll away is the Chirn Park Village with multiple restaurants, pharmacies, supermarkets, bars, shops and more. Enjoy the parks opposite or within 1km away you can enjoy a swim in the Broadwater and beaches.
5 Minutes away is Harbourtown Shopping Centre and easily accessible public transport. Within 10 Minutes you are on the M1 and can travel up to Brisbane or beyond and down to Coolangatta and surrounds.
There are multiple schools within a 5km radius to choose from ticking every box.
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Property Details for 10 Sydney St, Labrador

Building Type
Land
Land Size
834m2

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About Labrador 4215

The size of Labrador is approximately 5 square kilometres. It has 19 parks covering nearly 14.6% of total area. The population of Labrador in 2011 was 16,401 people. By 2016 the population was 18,277 showing a population growth of 11.4% in the area during that time. The predominant age group in Labrador is 20-29 years. Households in Labrador are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Labrador work in a professional occupation. In 2011, 46.2% of the homes in Labrador were owner-occupied compared with 45.1% in 2016.

Labrador has 11,915 properties. Over the last 5 years, Houses in Labrador have seen a 110.30% increase in median value, while Units have seen a 93.83% increase. As at 31 July 2024:

  • The median value for Houses in Labrador is $1,086,427 while the median value for Units is $666,375.
  • Houses have a median rent of $690 while Units have a median rent of $625.
There are currently 138 properties listed for sale, and 37 properties listed for rent in Labrador on OnTheHouse. According to CoreLogic's data, 570 properties were sold in the past 12 months in Labrador.

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Adam Phillis
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Phillis Real Estate Queensland
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