21371874 | Frank Street LABRADOR QLD

94 Frank Street LABRADOR, QLD 4215

For Sale $1,240,500

BOUTIQUE UNIT BLOCK / DEVELOPMENT SITE BROADWATER / LABRADOR - MUST BE SOLD!

Retail - LABRADOR QLD

This site is ideally located in the sought after Frank Street perfectly nestled between Southport and Biggera Waters right next to the Broadwater. The site allows both builders and developers an inspiring opportunity to take advantage of this rare site.
The property features:

• Located on a 423m2* desirable and functional site
• Approximate building area of 320m2*
• 4 individually titled 2 bedroom units
• Each unit can be purchased individually
• Only 280* metres to the Broadwater
• The option to purchase and combine with 92 Frank St
• Capitalise Now with Huge Income Growth Potential
• All Serious Offers Considered

Medium Density Residential Zone with a 29m* allowable height limit. Under the City Plan it lists the desired uses as per listed below.

Accepted uses are as follows:
* Sales office;
* Dwelling house;
* Homebased business (if homebased childcare);
* Possible code uses are as follows:
* Childcare centre;
* Health services (code as it is located on a corner);
* Shop (if corner store and does not exceed 150m2);
* Dual occupancy;
* Multiple Dwelling (residential apartments);
* Residential Care/Retirement Facility; and
* Short-term accommodation (motel, serviced apartments, hotel, etc. – not student accommodation).

The sellers have given clear instructions to sell and is very motivated. The property can be purchased as one block or each unit can be purchased individually.
This unit block comprises only 4 units and is situated a short 280m* walk to the Gold Coast beautiful Broadwater.

*=Approx
Disclaimer: The above information has not been verified. We advise you confirm the accuracy of details before entering into a contract. Prestige Property Agents and its employees cannot be held responsible for any inaccurate details supplied here.

Property Features
  • Retail
  • Land is 423 m²
  • Floor Area is 297 m²
  • Satelite
  • Transit
  • Bike
  • Comparables

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