Collection of beachside homes in a booming suburb hit the market at bargain prices

A collection of renovated apartments in a beachside setting have been released to the market with bargain price tags attached.

Park Shore at 41 Labrador Street in Labrador, nestled in a sought-after spot known as the ‘golden triangle’ of the Gold Coast, consists of 45 spacious two- and three-bedroom apartments.

The project includes 45 extensively refurbished apartments. Picture:

The developer McDonald Industries acquired the former Sandy Point Resort complex in June this year and undertook a full refurbishment of the property and its units.

Work is now nearing completion, with the homes launched for sale and ready to be moved into in December.

“Park Shore represents an incredible opportunity for buyers to lock into one of the Gold Coast’s prime waterfront markets, with a superb array of lifestyle amenities right at your doorstep, at prices that offer extraordinary value,” Alex Pope from McDonald Industries said.

The homes are in a prime spot in Labrador on the glittering Gold Coast. Picture:

The development delivers buyers a range of newly renovated properties at below replacement cost, especially in light of the rising expense of building, Mr Pope said.

“We believe there is no other building on the Gold Coast or in Queensland that is offering such an opportunity.”

Overlooking the Southport Broadwater, each apartment offers spectacular views of either the water, the sand, the sparkling lights of the Gold Coast, or the serene hinterland.

The units are 120sqm in size on average, and feature spacious interiors, high-end kitchens, large bedrooms, two bathrooms, and three balconies.

They’re being offered to market at below replacement cost. Picture:

The décor is bright and modern, mixing timber flooring and plush carpets. The apartments include large laundries, storage, dedicated entry hallways, and custom-made wardrobes. 

“They don’t design and build apartments like they used they use to, and we believe the oversized living areas and bedrooms of Park Shore apartments will be exceptionally appealing to today’s buyers,” sales representative Tim Keenan of Keenan & Co said.

“This is a truly unique opportunity to live and invest in a bygone era of quality building design, spacious layouts, and solid construction.”

Each unit has three balconies. Picture:

The building’s extensive works include upgrades of all common areas, with a stylish reception and foyer area as well as extensive landscaping.

There’s a large swimming pool with surrounding cabana and barbeque areas. A dedicated resident’s lounge opens onto lush gardens.

And just steps from the complex are walking paths, multiple beach and swim spots, parks, restaurants, cafes, and the famed Broadwater.

The spacious interiors have been carefully refurbished. Picture:

Both the Harbour Town and Main Beach retail and entertainment precincts are just a short drive away.

“This is a quality offering in one of the Gold Coast’s great locations that is timed perfectly for a market looking for project certainty.

“Park Shore apartments will be ready for residents to move in before the end of this year,” Mr Pope said.

The homes are priced from $695,000 to $950,000.

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