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Residential
123 Musgrave Avenue Labrador, QLD 4215

Property details

  • Property ID:
    13880
  • For Sale:
    Contact Agent
  • Area:
    1444 m2 (*approx)
  • Type:

    Residential: Apartment Sites, Units

  • Development Approved:
    Residential Development - APARTMENT BUILDING
Agency information
Richard McCouaig

Overview

PROFIT ON COSTS SHOWING 30% RETURN**
 
  • 1,444sqm site
  • DA & BA Approval
  • Walk to cafes, restaurants and shops
Surrounded by parkland with DA & BA in place, this site is ready to build. 
 
** Realistic revenues with builder’s profit on costs showing 30% return.
 
Exceptional location allowing residents an easy stroll through adjoining park to Gold Coast Hospital, Griffith University and light rail.  Trendy shops and restaurants are at your doorstep.
 
'Park Vue' is a beautifully designed building with oversize apartments and extra-large terraces overlooking the surrounding parkland.  Outstanding recreation facilities are provided including an entire rooftop garden.  From the entertaining terrace, residents and visitors enjoy uninterrupted city skyline views with bbq and kitchen facilities.
 
Apartment designs are thoughtfully configured to suit the demographic profile of this area and includes 15 x 2-bed and 13 x 1 bedroom apartments.  Apartment sizes range between 80sqm and 140sqm and provide excellent value for money.
 
Gold Coast's current low vacancy rates at 1.1% needs this project ready now. 
 
123 Musgrave Avenue is an excellent opportunity to purchase a fully approved site in a market where supply is heavily in demand.
 
Strong locational attributes close to the Broadwater and walking distance to trendy Chirn Park with cafe's, restaurants and shops.  Major landmarks include:
 
  • Bus - passes
  • Parkland - adjacent and opposite
  • Shops, cafes & Restaurants - 700 metres*
  • Schools - 1.5 kilometres*
  • Broadwater - 1.5 kilometres*
  • Gold Coast Hospital - 2 kilometres*
  • Griffith University - 2.1 kilometres*
  • Southport CBD - 2.5 kilometres*
  • Harbourtown - 3.4 kilometres*
*approx. 
 
Please contact the exclusive agent Richard McCouaig from Cushman & Wakefield for more information or to arrange an inspection​
 

Remember to mention you found this property on DevelopmentReady.com.au

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