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Prime Broadwater Development Opportunity
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210 Marine Parade, Labrador QLD 4215

Last Asking Price - $8,000,000

Commercial LandSize: n/a
Block size: 1546 m² approx.
On behalf of the Statutory Trustees, Tony Grbcic and Adam Grbcic of Kollosche Commercial are exclusively appointed to market and sell 210 Marine Parade Labrador ('The Site').

Currently improved with a 3-level walk-up building, accommodating 16 units and a managers unit, the property formerly traded as the "Golden Shores Holiday Club".

The site, which is being sold as vacant possession, has a Development Approval for a 25-level development comprising a total of 85 apartments. Positioned on Marine Parade, the site takes advantage of a position never to be built out with an easterly aspect overlooking the renowned Gold Coast Broadwater, Seaway and The Spit as well as a northerly aspect that captures the Gold Coast city skyline.

Key Property Attributes Include:
-Site Area: 1,546m2*
-Regular shaped site positioned with uninterrupted views over the Broadwater and Gold Coast Sea Way
-Currently improved with a 3-level walk-up, short-term accommodation building that formerly operated as the 'Golden Shores Holiday Club'. These improvements provide the buyer with an opportunity to establish a new short-term/holiday rental or permanent rental holding
-The site has a current development approval for a 25-storey residential building, which also permits short-term letting

Golden Shores Holiday Club:
The site is currently improved with the existing "Golden Shores Holiday Club", however will be sold vacant possession. The current improvements offer the following:
-16 Units + on-site managers unit with reception area. All units comprising 2 bedrooms and 1 bathroom
-Facilities include: swimming pool, 2 spas, BBQ area, gymnasium, sauna and multiple alfresco areas
-Well maintained and presented and offers the opportunity to retain a substantial holding income with either a short-term or permanent rental operations

Current Development Approval:
The current Development Approval permits for a residential development comprising:
-Total of 25 storeys and a two-level basement
-The development will comprise 85 units (49 x 2 bedroom, 35 x 3 bedroom and 1 x 5 bedroom) and provides a total of 136 car spaces
-Roof top common space which comprises outdoor pool, gym, sauna, BBQ facilities and alfresco areas

For more information please contact Adam or Tony Grbcic from Kollosche Commercial.

Disclaimer: Whilst every effort has been made to ensure the accuracy of these particulars, no warranty is given by the vendor or the agent as to their accuracy. Interested parties should not rely on these particulars as representations of fact but must instead satisfy themselves by inspection or otherwise.

Features include: Area Views,Close to Transport,Close to Shops,Pool,Close to Schools,Water Views

Inspections

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Contact Adam Grbcic to learn more about this property, request an inspection or take an online tour.

Key details

Property type:
Commercial Land
Block Size:
1546 *

Other Details

Lot:
3
Plan Type:
RP
Plan:
212049
Legal description:
3/RP212049
Kollosche

Maps and area information

Block information
Block size: 1546 (approx)
Legal description: 3/RP212049
Block Map
Measurements are estimates only and based on data provided under licence from © PSMA Australia 2024.
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Property history

You don't need a time machine, we've built one for you. Research this property's past sales on the timeline below.
Property History
03 Jul 2024
Sold
Kollosche
Listed: 09/05/2024
Block size: 1546m²
Transfer type: Full transfer

Labrador suburb information

A little bit about who lives locally, as provided by government census data
SummaryMedian sales
Average Age
46 years
Population
18,643
Listing ID: 182510534. This listing has been viewed 2 times. It was first displayed on 09/05/2024 and last updated on 03/07/2024.
Allhomes acknowledges the Ngunnawal people, traditional custodians of the lands where Allhomes is situated. We wish to acknowledge and respect their continuing culture and the contribution they make to the life of Canberra and the region. We also acknowledge all other First Nations Peoples on whose lands we work.
"With open hearts and minds, together we grow." artwork by David Williams of Gilimbaa.