15-21 Frank Street, Labrador, QLD 4215 | Commercial for sale | OnTheHouse
 
FOR SALE
Auction

15-21 Frank Street
Labrador QLD 4215

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 1m2
Land area: 2016m2
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Auction Time
Thu 23 Jul 11:00 am
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DA APPROVED BROADWATER SITE - MUST BE SOLD!

James Bell and Ned Thomas from Ray White Commercial Gold Coast are pleased to present 15-21 Frank Street, Labrador to the market - a rare 2,016m² high-density development site* positioned within one of the Gold Coast's most active coastal growth corridors.
The property benefits from an existing Development Approval for a 16-storey residential development comprising 96 apartments, while also offering flexibility for a range of alternative outcomes including fast food drive-thru, large format retail, retirement living or other development concepts, subject to council approval.
Importantly there is the ability to apply for a 50% increase in the DA STCA.
The sellers' circumstances require an immediate sale, creating a genuine opportunity for developers, investors and occupiers to secure a highly strategic landholding in a tightly held coastal location. All offers will be considered prior to auction.
This is an opportunity not to be missed.
Key Highlights:
• DA approval for 96 apartments across 16 storeys with possible 50% increase STCA
• 2,016m²* corner landholding
• High Density Residential zoning
• Dual street frontage
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Property Details for 15-21 Frank St, Labrador

Building Type
Commercial
Floor Size
1m2
Land Size
2016m2
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About Labrador 4215

The size of Labrador is approximately 5.0 square kilometres. There are 19 parks, covering nearly 14.6% of the total area. The population of Labrador in 2016 was 18261 people. By 2021 the population was 18643 showing a population growth of 2.1% in the area during that time. The predominant age group in Labrador is 50-59 years. Households in Labrador are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Labrador work in a professional occupation.In 2021, 50.80% of the homes in Labrador were owner-occupied compared with 45.10% in 2016.

Labrador has 12,080 properties. Over the last 5 years, Houses in Labrador have seen a 89.42% increase in median value, while Units have seen a 119.69% increase. As at 31 May 2026:

  • The median value for Houses in Labrador is $1,260,657 while the median value for Units is $873,134.
  • Houses have a median rent of $773 while Units have a median rent of $715.
There are currently 119 properties listed for sale, and 21 properties listed for rent in Labrador on OnTheHouse. According to Cotality's data, 546 properties were sold in the past 12 months in Labrador.

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Ned Thomas
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James Bell
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RWC Gold Coast
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