One of the last remaining undeveloped landholdings of its scale on the northern Gold Coast has hit the market for the first time in almost half a century.
The coastal Labrador sites, spanning a whopping 9484sqm across four land titles, occupy a prime positioning just one block from the iconic Gold Coast Broadwater.
Listed for sale via an expressions of interest campaign, closing June 30, the generational sites at 2 and 6 Frank Street, and 23 and 25 Huth Street, are being bought to market by Ray White Commercial Gold Coast agents Stirling McInnes and Greg Bell.
Set within a tightly held coastal precinct, which has undergone considerable growth underpinned by its blend of lifestyle amenity and connectivity, the landholding has been held under the same ownership for 46 years.
Mr Bell said there has been considerable buyer interest in the offering, and he expected it will potentially sell for “north of $3000 per square metre.”
Zoned medium density residential, the land parcels offer dual street frontage and scope for a range of development prospects, including townhouses, boutique style apartments, or a master-planned community.
The sites at 2 & 6 Frank Street & 23 & 25 Huth Street, Labrador are up for sale as one listing. Picture: realcommercial.com.au
“It’s incredibly rare to see a site of this size and configuration come to market in Labrador, particularly one so close to the Broadwater,” Mr McInnes said
“This is a true generational asset. Opportunities like this are tightly held and seldom repeated, especially in such a supply-constrained coastal corridor.”
Labrador has become in high demand for both residents and developers looking for a relaxed coastal environment, without having to forgo access to major infrastructure and employment hubs.
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The parcel spans a whopping 9484sqm across four land titles. Picture: realcommercial.com.au
Additionally, recent public and private investment in the area has seen better transport links and retail amenity, and Labrador’s proximity to Southport and Harbour Town is also proving a popular drawcard.
Mr Bell said the listing was compelling for not just its sheer scale, but its position within a suburb that was genuinely on the rise.
“Buyers are increasingly drawn to Labrador for its accessibility, its connection to the Broadwater, and the sense that there is still upside to be realised. Opportunities to deliver new housing in this location are becoming increasingly limited,” he said.
It’s just one block from the iconic Gold Coast Broadwater. Picture: realcommercial.com.au
“Its affordable land compared to Mermaid (Beach), Miami and Burleigh (Heads).
“It’s done a whole 360 – Southport and Labrador for a developer, they can buy land cheaper than they can anywhere else.”
With minimal constraints and existing low-impact improvements in place, Mr Bell described the offering as a “strategic acquisition” defined by rarity and flexibility long-term growth fundamentals.
“It’s the kind of opportunity that simply doesn’t come around often, particularly in a market as tightly held as this,” he said.
A stone’s throw from the sprawling Labrador site, is another rare last parcel of land ripe for development, at the Spit Village Centre Main Beach.
Considered one of the Gold Coast’s most loved destinations for nature, recreation and waterfront experiences, the 3.46ha landholding and 5.18ha seabed, described in its listing as a “major tourism development opportunity” was bought to market by Savills, on behalf of the Department of State Development, Infrastructure and Planning.
The Spit Village Centre North is listed for sale. Picture: realcommercial.com.au
Located south of the Sea World Theme Park and Resort, The Spit Village Centre North was hailed as “an exceptional opportunity to deliver a world-class mixed use tourism precinct,” reinforcing The Spit’s reputation as an iconic Gold Coast destination.
Attracting strong national and international buyer interest, the site is part of one of Australia’s premier tourist destinations and is being offered as a long-term leasehold tenure of up to 120 years upon completion.
Interest was sought from experienced developers and consortia “capable of delivering a high-quality project” via a structured selection process.
The site comprises a 3.46-hectare landholding and a 5.18-hectare seabed. Picture: realcommercial.com.au
Savills Brisbane Commercial Sales director Robert Dunne said the offering presented an exceptional opportunity for an experienced developer to deliver a world-class waterfront mixed-use tourism precinct.
He said the request for expressions of interest closed last month, and further submissions were not being accepted.
Shortlisted proponents are set to be confirmed mid-2026.
