Located in the heart of Labrador, one of the Gold Coast’s fastest-growing property markets, this expansive 731m² corner block offers a rare combination of high rental yield and exceptional growth potential. With property values in Labrador experiencing significant increases over the past 12 months, now is the perfect time to secure your slice of this thriving suburb. Key Features: - Two separate established residences with a combined weekly rental yield of $1395, making it a fantastic high-return investment. - DA approved for two luxury freestanding duplexes designed by award-winning SMEK Design, featuring 4 bedrooms, 3.5 bathrooms, and private pools for each residence (plans available on request) - Centrally located, just minutes from Chirn Park, the Broadwater, and major shopping hubs like Australia Fair and Harbour Town. Current Residences: Dwelling 1: A raised single-level home with 3 bedrooms, 1 bathroom with separate toilet, open-plan living, undercover parking, storage area, laundry, and additional toilet underneath with a weekly rental return of $695, Lease agreement until 17/07/2025. Dwelling 2: A modern two-story townhome featuring 2 bedrooms, 1.5 bathrooms, a large sunroom/office, and a huge sun-soaked second-floor balcony, returning $700 per week, periodic lease agreement. Total weekly rental income: $1395 per week. Why Labrador? Boasting a HUGE 26.2% growth in overall house values over the last 12 months with no signs of slowing down, Labrador's property market continues to surge thanks to its coastal lifestyle, proximity to amenities, and increasing demand. This property is perfectly positioned to take advantage of the area's growth trajectory while generating strong rental returns. This is your chance to secure a versatile, high-potential property in a prime location. Whether you’re an investor, developer, or seeking long-term capital growth, this opportunity ticks all the boxes. Contact us today to arrange a private inspection! Important: Whilst every care is taken in the preparation of the information contained in this marketing, Abode Central will not be held liable for the errors in typing or information. All information is considered correct at the time of advertising.
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Immobiliare ID: 144738900