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Overview
Hilltop Opportunity with Development Potential & Dual Street Frontage
The property is being offered for auction on site, scheduled for Saturday 4th July 2026. It is a rare opportunity presenting a home that has not been on the market for over 30 years, nestled in one of Labrador's highly sought elevated pockets. Situated on a generous 733 square meter allotment, this property offers immediate lifestyle benefits and significant potential for future development.
Featuring dual street frontage, the property includes a substantial character-filled family home ideal for a variety of buyers including developers, investors, and owner-occupiers. There exists an opportunity to renovate and enjoy the residence, consider subdivision opportunities subject to council approval, redevelop the site, or hold the land as a long-term investment in a high-growth area.
The existing residence, built in the 1980s, is spacious and offers multiple living zones. It comprises four bedrooms as well as a study and a media room. The home is elevated to capture cooling coastal breezes, enhancing comfort throughout the year. A large rear entertaining deck overlooks the in-ground swimming pool and expansive backyard, providing an excellent outdoor living space. There are beautiful hinterland sunsets and the potential to enjoy views of the nearby Broadwater.
Additional property highlights include the medium density residential zoning (RD3), a rectangular site with approximately 15.1 meters frontage, and the dual street frontages that open up potential subdivision, redevelopment, or land banking opportunities.
The interior and exterior living areas provide multiple entertaining spaces suitable for families and social gatherings. The large kitchen overlooks the rear yard, blending indoor and outdoor living effectively. The triple garage offers secure and ample parking or storage options.
This property is located in a quiet and highly desirable hilltop position, just about 500 meters from the picturesque Broadwater foreshore. Hilltop Park is conveniently located at the end of the street. Residents also benefit from proximity to local schools, cafes, shopping centres, and public transport hubs. Harbour Town Shopping Centre is only a few minutes away. Accessibility is enhanced with easy connections to Brisbane Road, Griffith University, Gold Coast University Hospital, and the M1 motorway.
Opportunities combining development potential with an elevated position and dual street frontage such as this are increasingly rare in Labrador. This property is an outstanding chance to secure a prime piece of real estate in one of the suburb's most desirable neighborhoods and unlock a wealth of possibilities.
Please note: All potential subdivision or redevelopment options are subject to council approval. The site area and other dimensions quoted are approximate.
While every effort is made to ensure the accuracy and completeness of the property information provided, no guarantee is given. Buyers should independently verify all details, inclusions, availability, pricing, and other relevant information directly with the listing agent before relying on this information.
Location
Labrador QLD 4215
Market Insights for Labrador QLD 4215
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