7 & 8 Sunshine Court, Labrador, QLD 4215 | Commercial for sale | OnTheHouse
 
FOR SALE
EOI Closing 15 October 2026 4pm (AEST)

7 & 8 Sunshine Court
Labrador QLD 4215

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Land area: 1204m2
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Approved 38 Unit Site | Central Gold Coast

Ray White Special Projects (QLD), as exclusive agents are pleased to present to market an approved unit site positioned within Central Gold Coast. The amalgamated site was recently approved for 38 residential units over 7 levels.
Key Features:
• Development approval in place for 38 x residential units over 7 levels
• Unit mix configured as 13 x 1 bed, 24 x 2 bed and 1 x 3 bed units
• Views from upper levels of the proposed development across the Broadwater to the Spit and Stradbroke Island
• Land area: 1,204m²*
• Zoned: Medium Density Residential
• Flat site with potential to modify the approval to suit an incoming purchaser^
• Opportunity to capitalise on the severe undersupply of units on the Northern Gold Coast
• Improved with 2 x houses which are currently tenanted providing incoming groups with holding income of $60,320* per annum
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Property Details for 7 & 8 Sunshine Ct, Labrador

Building Type
Commercial
Land Size
1204m2
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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 12,088 properties. Over the last 5 years, Houses in Labrador have seen a 75.35% increase in median value, while Units have seen a 103.22% increase. As at 31 August 2026:

  • The median value for Houses in Labrador is $1,254,786 while the median value for Units is $872,602.
  • Houses have a median rent of $785 while Units have a median rent of $723.
There are currently 145 properties listed for sale, and 37 properties listed for rent in Labrador on OnTheHouse. According to Cotality's data, 470 properties were sold in the past 12 months in Labrador.

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Christopher Czernik-Wojcicki
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Matthew Fritzsche
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RW Special Projects Queensland
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