SoldDec 4, 2025

5/150 Frank Street, Labrador, QLD, 4215

$601,000

2
1
1
72 m²

Apartment

•

3 days on the market

Sold: Dec 4, 2025

What's around 5/150 Frank Street

JUST LISTED!

This ground-floor unit presents an exceptional opportunity for buyers looking to secure a site with long-term redevelopment potential down the track. Set within a small boutique complex of just six and zoned Medium Density Residential, the property sits on valuable land in Labrador, one of the Gold Coast's fastest-growing suburbs, offering strong future growth prospects. While neat and tidy as is, the real appeal lies in its redevelopment upside, making it a smart choice for forward-thinking investors or renovators looking to capitalise on Labrador's booming property market. PLEASE NOTE: THIS PROPERTY IS TENANTED TILL 19TH SEPTEMBER 2026 Highlights: • Two spacious bedrooms and one bathroom • Part of a boutique block of six units • Zoned Medium Density - prime for future development • Ideal as a solid investment opportunity Location Benefits: • Just a short walk to local shops, cafes, and the stunning Broadwater • Close to public transport, making commuting easy • Enjoy easy access to a wide range of dining, entertainment, and lifestyle amenities including popular restaurants and Charis Seafoods • Minutes to parks, walking tracks, and the Broadwater Lagoon • Handy to schools, medical centres, and other key services • Currently rented at $500 per week till 19th September 2026 • Body Corporate: approx. $15/week • Council rates: approx. $2,600/year • Water rates: approx. $345/quarter This is a great chance to secure a well-located property with both lifestyle appeal and long-term growth potential.

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