12 Penrock Parade, Labrador, Qld 4215

VACANT AND READY TO MOVE IN - Auction: 13th of April @ 11am | Unless Sold Prior 

THE ONE
Set in a highly sought-after hotspot, the options are endless—whether you choose to renovate and add value for a strong return, develop to maximize its potential, or simply enjoy the home’s unbelievable character and charm, this is a rare opportunity to capitalize on a property with so much versatility! 

Zoned for Medium Density, allowing for re-development. (1 Dwelling per 250m2) Its prime corner position may also present an excellent opportunity to subdivide with separate titles (subject to council approval).

THE SPECIFICS
This charming home features 3 generously sized bedrooms, 2 bathrooms, and an inviting open-plan living and dining area with warm timber flooring. The property also includes kitchen and bathrooms, a spacious garage, and a fully fenced block with established gardens, offering ample yard space for outdoor enjoyment.

Additional features
- land size 569m2 approx. (corner allotment)
- Re-development potential (MEDIUM DENSITY ZONING)
- Solid brick home, polished timber floors, lock up garage 
- Air conditioning in living area 
- Ceiling fans in bedrooms
- Great location, multi-unit zoning 
- Massive front and backyard with side access for boat or caravan. 
- Walk to Broadwater, Parks, Gold Coast Hospital, Gold Coast Hockey Club, Griffith University and more. 
- New Color bond fencing 
- Rental Opinion: $900 - $950 per week*

THE LOCATION
Perfectly positioned on the east side of Government Road, this elevated block is just moments from the stunning Broadwater.  Enjoy easy access to parklands, vibrant dining and shopping precincts, cafes, bars, restaurants, medical facilities, Griffith University, Gold Coast Hospital, Gold Coast Olympic Hockey Centre and more. 

THE CLOSE 
Whether you choose to renovate, rebuild, or landbank, this is a rare chance to secure a high-value site in one of Labrador’s most sought-after pockets.

THE AGENTS
James Mokdsi - 0416 671 211
Heidi Baker - 0402 217 159



Disclaimer: Whilst every care has been taken to verify the accuracy of the details in this advertisement, MAK REALTY cannot guarantee its correctness. Prospective buyers need to take such action as is necessary, to satisfy themselves of any pertinent matters.