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Expression of interest closing 18/03/26 at 4 pm Inspection by appointment Nenad Simeunovic from Coastal is pleased to offer an outstanding 1518 m2 corner development site .The site consists of three houses in a fair condition and generating currently $1860 per week rental income with potential to increase. For interested parties, we are offering first meeting with the local town planner and an architect, free of charge to get answers on most of your questions regarding development opportunities on this incredible site. Unit yields in Labrador are exceptionally strong and attracting massive investors activity. Location of this dream development opportunity is extremely desirable, nestled on the Northern end of Gold Coast , is close to all various amenities including Schools, Griffith University, Hospitals, Shops, Restaurant's, Broadwater, and short drive to light rail offering numbers of various development opportunities. Labrador is recognised as a delightful high growth suburb that offers a charming blend of coastal beauty and urban convenience , making it a fantastic place to call home. Featuring : • 8 bedrooms , 3 bathrooms , 6 car spaces • Medium density residential • 29-metre-high limit possible increase subject to council approval • Suitable for townhouses or apartments building • Great tenants in place happy to extend lease. Disclaimer: We have in preparing this information used our best endeavours to ensure that the information contained herein is true and accurate but accept no responsibility and disclaim all liability in respect of any errors, omissions, inaccuracies or misstatements that may occur. Prospective purchasers should make their own enquiries to verify the information contained herein.