27/03/2025
Heidi Baker & James Mokdsi Welcome you this fabulous development opportunity or a renovator/investment delighted.
This Medium-Density Zoned Corner Block – Labrador Gem – Walk to Parks, Cafés & the Broadwater!
We welcome you to THE ONE 12 Penrock Parade, Labrador
Set in a desirable hotspot, this property is zoned (medium density) and allows for two townhouses (1 dwelling per 250m²). Being a corner position, it also presents an excellent opportunity to subdivide with separate titles (subject to council approval).
This charming home features 3 generously sized bedrooms, 2 bathrooms, and an inviting open-plan living and dining area with warm timber flooring. The property also includes kitchen and 2 bathrooms, a spacious garage, and a fully fenced block with established gardens, offering ample yard space for outdoor enjoyment.
Whether you choose to renovate, rebuild, or landbank, this is a rare chance to secure a high-value site in one of Labrador’s fastest most sought-after pockets.
Perfectly positioned on the east side of Government Road, this elevated block is just moments from the stunning Broadwater and more! Enjoy easy access to parklands, vibrant dining and shopping precincts, cafes, bars, restaurants, medical facilities, Gold Coast University, Gold Coast Hospital, Schools and more.
Additional features
- land size 569m2 approx (corner allotment)
- Re-development potential (medium density zoning)
- Solid brick home, polished timber floors, lock up garage
- Air conditioning in living area
- Ceiling fans in bedrooms
- Downlighting throughput
- Elevated front patio area
- Great location, multi-unit zoning
- Massive front and backyard with side access for boat or caravan.
- Walk to Broadwater, parks, shopping, cafes, schools, public transport and more
Sale By Auction Sunday 13th April at 11am (unless sold prior)
AGENTS
James Mokdsi 0416 671 211
Heidi Baker 0402 217 159
