Park Shore Apartments Deliver Affordable Lifestyle In Labrador’s ‘Golden Triangle’

PARK SHORE, a stunning collection of superbly renovated apartments overlooking the Southport Broadwater at Labrador have been released to the market, delivering the suburb’s sought-after ‘golden triangle’ its most affordable modern residences in years.

Family-owned developer McDonald Industries has released the 45 built apartments to meet sustained demand from property buyers in the Gold Coast’s prime lifestyle precincts, with the residences priced well below the replacement cost of new apartments.

PARK SHORE, located at 41 Labrador Street, brings to the market 45 spacious two and three-bedroom apartments which will be ready to move into this December.

The unique offering follows the extensive refurbishment of the former Sandy Point Resort which was purchased by McDonald Industries in June this year.

“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,” said Alex Pope from McDonald Industries.

“With construction costs continuing to rise, this development delivers a range of newly renovated apartments at below replacement costs. We believe there is no other building on the Gold Coast or in Queensland that is offering such an opportunity.”

Apartments at PARK SHORE have been released to the market for the first time this week, priced from $695,000 to $950,000.

Each apartment offers stunning views ranging from the tranquil blue of the Broadwater, the rising and falling sand banks along the estuaries, sparkling lights of the Gold Coast and the splendid sunsets over the hinterland.

Apartments offer an average of 120sqm with every apartment boasting three balconies and spacious interiors that capitalise on the picture-perfect vistas.

PARK SHORE apartments feature large kitchens, bedrooms and living and dining areas. Kitchens are fitted with European stainless-steel appliances while every apartment has two bathrooms including a bath.

Large internal laundries are complemented by custom robes, timber composite flooring and plush carpet in bedrooms, and dedicated entry hallways with ample storage as well as air-conditioning and fans.

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

“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.”

All common areas of PARK SHORE have been upgraded, with a stylish reception and foyer, extensive landscaping and garden areas and many amenities that residents would expect to find in a modern resort-style development.

There is a large pool with surrounding cabana and barbecue areas, as well as a dedicated residents’ lounge that opens onto the lush gardens that are perfect for casual entertaining, reading and relaxing. Garden areas have established fruit and vegetable plantings for the benefit of PARK SHORE residents.

PARK SHORE is designed as a pet and bicycle friendly residential precinct that takes advantage of its prime location in Labrador’s golden triangle.

PARK SHORE is a level stroll to the Broadwater, walking paths, multiple beach and swim spots, parklands, restaurants and cafes. Enhancing this first-class lifestyle destination is the convenience and amenity of both the Main Beach and Harbour Town retail and entertainment precincts only minutes by car.

The Sydney-based McDonald Industries, which was founded in 1974, has leveraged almost five decades of experience and an impeccable reputation in the refurbishment and strata titling of existing residential apartment buildings to bring PARK SHORE to the market.

The company has built, renovated and sold more than 7,000 apartments throughout inner city Sydney, Melbourne, Brisbane as well as Gold Coast, Townsville and Palm Cove.

“We’ve been renovating whole apartment blocks in Sydney and Queensland for over 50 years and PARK SHORE is among the most exciting developments we have undertaken in many years,” said Mr Pope.

“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 as PARK SHORE apartments will be ready for residents to move in before the end of this year.”

PARK SHORE has also contributed to McDonald Industries’ sustainability initiatives. Since acquiring Sandy Point Resort in one line in June this year, the company has donated all 42 furniture packages within the resort to the northern New South Wales flood appeal, which is estimated to have helped more than 2,000 families in the flood affected area.