44 Frank StreetLabrador QLD 4215
Property Details for 44 Frank St, Labrador
Last Listing description (November 2014)
SOLD 14/11/14 by Mark Carew - Rare Iconic Site For Redevelopment or Operate Your Own Business
44 FRANK STREET LABRADOR is the current site for the Famous Goldsteins Pie Shop and Bakery. - *SIZE - 973m2 with 3 Street Frontages (Philip and Bradford side streets fronting to Frank Street) - Possible redevelopment for high-rise, currently Zoned Density RD5 and 7 storeys (subject to Council Approval) - Currently this Commercial Premises operates as Drive thru Bakery/Cafe and Restaurant - *Seating internally 22 and Outside Alfresco 32+ people - *Potential rental income approximately $165,000 pa - *Shop area is approximately 147m2 with office - Close to CBD Southport and great position walking distance to Broadwater - Labrador the Gold Coast's booming suburb with capital growth for Investor, Developer or Freehold Business Owner - Water Rates ($1777.75/annum) - Council Rates ($8559.34/annum) http://pdonline.goldcoast.qld.gov.au/masterview/modules/propertymaster/default.aspx?page=wrapper&key=307936 Make no mistake the seller is keen to sell and this could be one of the best commercial opportunities in Labrador for the astute business person establishing a Fast Food Franchise or Drive Through Coffee. For the Developer the 3 street frontages this site offers will give captivating views from South to Surfers Paradise and East/North directions are picture perfect views across the Broadwater. Only minutes walking to the Water, Cafes, Restaurants, Charis Seafoods and only 2 minutes drive to CBD Southport it makes an ideal investment leading up to 2018 Commonwealth Games and Gold Coast forecast growth. Call Mark Carew from Ray White Labrador for more information 0403 699 908 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. * denotes approximate measurements
Property History for 44 Frank St, Labrador, QLD 4215
- 14 Nov 2014Sold for $1,650,000
- 03 Oct 2014Listed for Sale SOLD PRIOR
- 01 Apr 2014Listed for Rent - Price not available
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About Labrador 4215
The size of Labrador is approximately 5.0 square kilometres. It has 19 parks covering nearly 14.6% of 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 12,060 properties. Over the last 5 years, Houses in Labrador have seen a 99.68% increase in median value, while Units have seen a 127.55% increase. As at 31 March 2026:
- The median value for Houses in Labrador is $1,252,073 while the median value for Units is $882,165.
- Houses have a median rent of $750 while Units have a median rent of $700.
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