10 Penrock Parade, Labrador, Qld 4215

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

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