Offers Over $2,300,000

11, 13, 15, 17 Hunter Avenue, Labrador, QLD 4215


Prime Development Opportunity Or Land Bank In a Growing Suburb!

Develop or invest and hold - the choice is yours!

Situated just 250m from the Broadwater, sits this attractively positioned site, embracing 4 separate lots (three titles), spanning across a flat 1,620m2.
In the rising Labrador suburb, approximately just 5km from the world-renowned city of Surfers Paradise, this medium density zoned site is surrounded by famous Gold Coast beaches and several shopping centres, as well as many other amenities.

Currently accommodating 4 houses across all lots, this is also an amazing opportunity to land bank for future potential, with the weekly rental income of $2,020, this opportunity lends itself to several possibilities.

Additional Information -
• 1,620m2 of flat land with 4 houses (4 bedrooms each house)
• 40m street frontage approximately
• Current rental return of $2,020pw total
• 5km from Surfers Paradise (approximately 10-minute drive)
• Zoned for medium density residential
• 4x 405m2 lots approximately
• 11 & 13 Hunter Avenue share one title
• Rates approximately $9,000pa across all lots


All inspections will be conducted adhering to COVID-19 Social Distancing Guidelines and Ray White's no-contact policy.

Important: Whilst every care is taken in the preparation of the information contained in this marketing, Ray White Upper Coomera will not be held liable for the errors in typing or information. All information is considered correct at the time of printing.

LOCAL SCHOOLS

DEMOGRAPHICS

Population
Average Age
57% Owner
32% Vacancy Rate
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