41 Frank Street, Labrador QLD 4215

Property Details: • Type: House

• Bedrooms: 9 • Bathrooms: 5

Description: Contact Agent to organise your private viewing 9 Bedrooms | 4.5 Bathrooms | 4 Separate Living Areas | 8 Undercover Car Spaces High Density Residential Zoning Potential Building Height up to 53m (STCA) Flexible Living for Multi Generational Family Living Diverse Income Opportunities A Leisurely 2 Minute Stroll to the Broadwater, via the pedestrian way, just next door Holding return - $2615/w estimated Water-view, private family compound Positioned in the highly sought-after Golden Mile precinct of Labrador, this substantial two-storey property offers a rare combination of lifestyle, flexibility, strong investment appeal and outstanding future development potential. Set in one of the most tightly held coastal corridors on the Gold Coast, the property currently comprises a spacious five-bedroom residence upstairs along with three self-contained units downstairs, creating four separate living areas within the one property. This unique configuration provides exceptional flexibility for a range of buyers from large extended families seeking space and independence, to investors looking for multiple income streams, or developers securing a strategic site within a high-density residential precinct. Property Features Large two-storey property with 9 bedrooms and 4.5 bathrooms Five-bedroom main residence upstairs Three self-contained units downstairs Eight designated undercover parking spaces Four separate dwellings offering multiple income opportunities All units separately metered for electricity Zoned High Density Residential with development potential up to 53m (STCA) Flexible Living & Investment Potential The property offers several attractive options for buyers: Live in the spacious upstairs residence while leasing the three units below Lease the entire property to maximise income potential Create a multi-generational family compound with independent living spaces Landbank a income producing development site in a premium coastal development corridor Exceptional Lifestyle Location Located just moments from the beautiful Broadwater, the property offers easy access to one of the Gold Coast's most desirable waterfront lifestyles. A short stroll brings you to expansive parklands, swimming areas, walking and cycling paths, boating facilities, cafés and waterfront dining. Public transport, local shopping, restaurants and everyday amenities are all within close reach, making this location both convenient and highly desirable. Future Development Opportunity With High Density Residential zoning allowing buildings up to approximately 53 metres in height (STCA), the property also presents a compelling opportunity for future redevelopment within the evolving Labrador coastal precinct. Opportunities to secure quality sites in the Golden Mile with existing accommodation and flexible living arrangements are becoming increasingly rare. Whether you are seeking a large family residence with additional accommodation, a multi-income investment, or a strategic development opportunity, this Golden Mile property offers exceptional possibilities in a prime coastal location. 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.