Presented by James Bell and Ned Thomas of RWC Gold Coast, 15-21 Frank Street, Labrador features a Development Approval (DA) for a 16-storey residential tower comprising 96 apartments.
The site has also fielded pre-market engagement from leading national fast food brands.
Several major drive-thru operators are seeking a delivery partner to acquire the site and construct a customised, build-to-suit facility, offering a highly lucrative, pre-committed tenant outcome for incoming syndicates or developers.
RWC Gold Coast sales executive Ned Thomas said the sheer versatility of the landholding makes it one of the most competitive listings to hit the northern Gold Coast market this year.
"Having an active approval for 96 apartments gives developers immediate confidence, but the real x-factor here is the sheer versatility of the landholding," Mr Thomas said. "We have already established interest from major household fast-food brands who want a presence on this specific corridor."
Positioned along a highly active coastal growth corridor just moments from the Broadwater, the premium corner landholding benefits from prominent dual street exposure.
While the existing approval provides a turnkey solution for residential developers, the site’s high density residential zoning allows for a diverse range of alternative uses, including retirement living, medical, retail, or commercial applications.
This unrivalled location sits just minutes from Harbour Town Premium Outlets, Australia Fair Shopping Centre, local medical hubs, public transport networks, and Griffith University.
"The demand for premium, multi-outcome sites in Labrador has never been higher," Mr Thomas said.
"Whether a buyer chooses to capitalise on the existing residential footprint to capture Broadwater views, or chooses a high-yielding fast food development, the underlying land value and corner exposure make this a blue-chip play."
