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9 Bedrooms | 4.5 Bathrooms | 4 Separate Living Areas | 8 Undercover Car Spaces
High Density Residential Zoning – Potential Building Height up to 53m (STCA)
Flexible Living, with Multiple Income Opportunities
A 2 Minute Walk to the Broadwater via the pedestrian way, just next door
Holding return – $2615/w estimated

Positioned in the highly sought-after Golden Mile precinct of Labrador, this substantial two-storey property offers a rare combination of lifestyle, flexibility, strong investment appeal and outstanding future development potential.

Set in one of the most tightly held coastal corridors on the Gold Coast, the property currently comprises a spacious five-bedroom residence upstairs along with three self-contained units downstairs, creating four separate living areas within the one property.

This unique configuration provides exceptional flexibility for a range of buyers — from large extended families seeking space and independence, to investors looking for multiple income streams, or developers securing a strategic site within a high-density residential precinct.

Property Features

• Large two-storey property with 9 bedrooms and 4.5 bathrooms
• Five-bedroom main residence upstairs
• Three self-contained units downstairs
• Eight designated undercover parking spaces
• Four separate dwellings offering multiple income opportunities
• All units separately metered for electricity
• Zoned High Density Residential with development potential up to 53m (STCA)

Flexible Living & Investment Potential

The property offers several attractive options for buyers:

• Live in the spacious upstairs residence while leasing the three units below
• Lease the entire property to maximise income potential
• Create a multi-generational family compound with independent living spaces
• Landbank a income producing development site in a premium coastal development corridor

Exceptional Lifestyle Location

Located just moments from the beautiful Broadwater, the property offers easy access to one of the Gold Coast’s most desirable waterfront lifestyles. A short stroll brings you to expansive parklands, swimming areas, walking and cycling paths, boating facilities, cafés and waterfront dining.

Public transport, local shopping, restaurants and everyday amenities are all within close reach, making this location both convenient and highly desirable.

Future Development Opportunity

With High Density Residential zoning allowing buildings up to approximately 53 metres in height (STCA), the property also presents a compelling opportunity for future redevelopment within the evolving Labrador coastal precinct.

Opportunities to secure quality sites in the Golden Mile with existing accommodation and flexible living arrangements are becoming increasingly rare.

Whether you are seeking a large family residence with additional accommodation, a multi-income investment, or a strategic development opportunity, this Golden Mile property offers exceptional possibilities in a prime coastal location.

Disclaimer: While every effort has been made to ensure the accuracy of these particulars, no warranty is given by the vendor or the agent as to their accuracy. Interested parties should not rely on these particulars as representations of fact but must satisfy themselves by inspection or otherwise. Although high standards have been used in preparing this document, no legal responsibility can be accepted for any loss or damage resulting from the content or use of this information. Any photographs show only certain parts of the property as they appeared when taken. Areas, amounts, measurements, distances, and all other numerical information are approximate only. Note: Every care has been taken to verify the accuracy of the details in this advertisement; however, we cannot guarantee its correctness. Prospective purchasers are requested to take necessary action to satisfy themselves with any pertinent matters.