292 Marine Parade
Labrador 4215

Tony Grbcic from Kollosche Commercial is proud to present an exceptional investment opportunity at 292 Marine Parade, Labrador, QLD 4215 ('The Property')

On the market for the first time, this classic brick-and-tile waterside home offers the rare combination of position and potential in a tightly held northern pocket. In the same family for the past 43 years, the well-maintained, two-storey residence on an east-facing 556m2* corner block offers stunning views of the Gold Coast Seaway, Marina Mirage and the city skyline.

A thoughtful floor plan includes a kitchen, lounge and dining area on both levels, making it ideal for dual or multi-generational living. Ample off-street parking frees up a secure double garage for use as additional living or storage space.

Generating a significant rental return, the property is a savvy investment or, for the right buyer, a prime development opportunity thanks to its high-density residential zoning in a blue-chip, waterfront location.

Zoning & Development Potential:

- Zoned for High-Density Residential under the Gold Coast City Plan

- Allows for a building height of up to 53 metres and a residential density classification of RD6 (1 bedroom per 33m²), providing potential for high-density residential development

Land Size and Location:

- 556m²* corner block with dual frontages to Marine Parade (17m*) and Whiting Street (30m*)

- Prime Broadwater location with uninterrupted water views and distant city skyline views

- Situated approximately 3 km from Southport CBD, with nearby amenities like shopping centres, schools, hospitals, and parklands

Existing Structure:

- Older style, two-level, dual-living residential dwelling built circa 1981

- Total dwelling size of 348m²* with 245m²* of living area, 53m²* garage space, and 50m²* of covered external areas. The ground floor is dated, while the first floor has been renovated

This property will be offered for sale by public Auction on-site on Friday, 11th of October 2024 at 11:00AM.

For more information, or if you would like to arrange a viewing please get in contact with Tony Grbcic from Kollosche.

Disclaimer: Whilst 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. All expenses, distances, heights, or sizes are an estimate or an approximation. Interested parties should not rely on these particulars as representations of fact but must instead satisfy themselves by inspection or otherwise.

Disclaimer: This property is being sold by auction or without a price and therefore a price guide cannot be provided. The website may have filtered the property into a price bracket for website functionality purposes.