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66 Broad Street
Labrador QLD 4215

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 1148m2
Land area: 1148m2
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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
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.
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".
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
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Property Details for 66 Broad St, Labrador

Building Type
Commercial
Floor Size
1148m2
Land Size
1148m2

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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 11,910 properties. Over the last 5 years, Houses in Labrador have seen a 111.16% increase in median value, while Units have seen a 101.17% increase. As at 30 November 2024:

  • The median value for Houses in Labrador is $1,092,582 while the median value for Units is $701,716.
  • Houses have a median rent of $680 while Units have a median rent of $630.
There are currently 103 properties listed for sale, and 32 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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David Djurovitch
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