Duplex Potential or Family Home on 586m² in Labrador's Best Pocket
Auction: 28/10/2026 - 11:00 am
Location: 1/16 Queensland Avenue, Broadbeach
Penrock Parade is a quiet street of just 11 homes, set high in the north-eastern corner of Labrador and an easy walk to the Broadwater. Number 10 works on two levels. For families it's a solid, light-filled brick home ready to move into. For developers it's a 586m² medium density site with a 17.6m frontage that suits a pair of duplexes.
The home:
• Two-level brick and tile home, north-facing on the high side of the street
• Polished timber floors throughout, with downlights and ceiling fans in every room
• Open-plan kitchen, living and dining with air conditioning
• 6 KW Solar panels
• Three bedrooms plus a study that can be used as a fourth bedroom, with a bathroom, separate toilet and laundry
• Master bedroom opens onto a covered, tiled verandah looking over the gardens and treetops
• Elevated upper level that gets open outlooks and cooling breezes
• Oversized lock-up double garage with room for a workshop, boat and/or camper van
• Large, level lawned backyard with raised garden beds and space to add a deck off the house
The opportunity:
• 586m² block zoned medium density with a wide 17.6m frontage
• Suits a pair of duplexes or subdivision into two titled lots, subject to council approval
• Surveyor's proposed subdivision plan available on request
• You can live in it, rent it out while you plan, or develop straight away
The location:
• Walk to the Broadwater parklands and foreshore
• Close to shopping centres, cafés, restaurants, schools and public transport
• About 15 minutes to Southport and the light rail, with easy access to the M1
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. This property is being sold by auction or without a price and therefore a price guide cannot be provided. The website may have filtered the property into a price bracket for website functionality purposes.
assignmentLooking for more information on 10 Penrock Parade?
Explore comparables, sales history and growth for this property.