The Location
Every so often opportunities arise that just feel right...
Often it’s a combination of the right place at the right time. One such opportunity is 177 Central Street. Over two acres of prime residential land under one title, in a suburb poised to escalate in value, situated in one of the fastest growing regions in Australia, the Gold Coast.
Over the past ten years Labrador has gone from a somewhat lower-socioeconomic community containing numerous housing commission developments interspersed amongst modest homes, to a thriving community housing many of the health, education, office and other professionals working in the nearby commercial areas of Southport and Bundall. Two story duplexes, townhouses and lowset detached housing now predominate the streescape. With the proposed light rail link planned to run right past the development and a station also planned to be located nearby, Central Street is set to undergo a rapid transformation to a higher-density residential area. Frank St, one of the main roads through Labrador is also being widened to accommodate the anticipated growth. Demand for up-market high-density housing in this area is set to explode, with the planned expansion of nearby Griffith University and the construction of the new Gold Coast Training Hospital, both within cycling or even walking distance. It is anticipated that curent Gold Coast City Council zoning of this area will be modified in the future to accommodate higher density development, with current height restrictions eased.
The nearby broadwater recreational areas provide a mecca of alfresco dining, shopping, entertainment, as well as a haven for children and those who want to sit back and enjoy the ambience. Charis’s seafood reputedly serves the best takeaway seafood on the coast, a fact the resident pelican population appreciate. The Grand Hotel, with it’s excellent restaurants and entertainment, is another Gold Coast icon. The marine Parade precinct contains numerous landmark highrises, shops and excellent facilities for boating. Nearby Chirn Park, also within walking distance, has become a well known eating and shopping village, with several great restaurants, and the Southport Sharks, one of Queensland’s largest clubs, is also just minutes away, as is Southport CBD, Australia Fair shopping, The Gold Coast and Alamanda hospitals and two of the Gold Coasts’s leading schools, St Hilda’s and the Southport School.
Harbour Town, one of Queensland’s largest outlet shopping centres, houses the whos who of well known fashion labels, and is, you guessed it, also just a few minutes from 177 Central St.