Name: 4-8 Teresa Easement, LABRADOR, QLD 4215
Address: 4-8 Teresa Easement , QLD, Labrador, QLD, 4215
Telephone: +61 427 405 881

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SOLD

4-8 Teresa Easement, LABRADOR, QLD 4215

Properties / Sold / Queensland / Labrador

Development Potential

1. Property Summary

Property Type

Residential

Land Area

3,144 m² (*approx)

Zoning

Medium Density Residential

Local Government

Gold Coast

Selling Method

Expressions of Interest: For sale by Expressions of Interest

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2. Property Highlights

AMALGAMATED FIVE-LOT DEVELOPMENT SITE

3,144sqm development opportunity
Surrounded by variety of local amenity
Infill opportunity not to be missed

- 3,144sqm land parcel

- Dual street frontage

- Gross holding income of $88,400 pa

- RD3 Medium Density Residential Zoning

- Minutes to Harbour Town and the Broadwater

- Infill opportunity not to be missed

CBRE is pleased to present 4, 6 & 8 Teresa Easement, 41 Billington Street & 220 Turpin Road, a residential development opportunity within the burgeoning Labrador, Biggera Waters and Runaway Bay corridor.

The subject site is a 3,144sqm development opportunity conveniently located adjacent to Arthur Downes Park in Labrador. The property benefits from a very strategic locality being 100 metres from Brisbane Road, and 500 metres from a variety of local amenity including pharmacy, cafes, dentist, and Labrador Park Shopping Centre. Furthermore, a short five-minute drive provides access to Harbour Town Shopping Centre, Bunnings Warehouse and the Broadwater.

The property is well positioned within Labrador’s medium density, RD3 zoning which affords significant development uplift from the sites current use. All existing dwellings are currently tenanted with last expiry being 5th March 2023.

Labrador and the neighbouring suburbs of Biggera Waters and Runaway Bay continue to attract young families and first home buyers due to its affordability, location and amenity rich surroundings.

(all areas, distances, amounts and outlines are approximate)

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