FOR SALE
Auction - Thursday September 26th 2024 at 11am

1/53 Newheath Drive
Arundel QLD 4214

Bedrooms: -
Bathrooms: -
Car spaces: 10
Floor area: 500m2
Land area: 500m2
Auction Time
Thu 26 Sep 11:00 am
Inspection Times
No upcoming inspections scheduled.
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Ultimate Industrial Investment - Anchored by a Secure National Tenant

Jackson Rameau and Josh Cameron from RWC Gold Coast are excited to present 1/53 Newheath Drive, Arundel QLD-an exceptional industrial investment opportunity anchored by a secure national tenant. This prime front unit offers 500m² of versatile space across two levels, including a fully fitted office mezzanine/showroom. With a strong net income of $98,800* p.a. + GST + outgoings and a lease secured until July 2026 (with a 3-year option), this property provides both stability and growth potential. The owners are committed to a sale, making this a golden opportunity for savvy investors. Don't miss out!
KEY FEATURES INCLUDE:
• 500m2* across two-levels
• 300m2* ground floor + 200m2 fully fitted office/showroom
• Net Income: $98,800* p.a + GST + Outgoings
• Projected Market Rent: $110,000 - $120,000 p.a + GST + Outgoings
• Leased until July 2026 (plus 3 year option)
• 4% Annual Increases (minimum)
• Reputable national tenant 'Access Hardware' with over 580 employees nation-wide
• 10x exclusive use car parks (5x undercover)
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Property Details for 1/53 Newheath Dr, Arundel

Building Type
Commercial
Floor Size
500m2
Land Size
500m2

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About Arundel 4214

The size of Arundel is approximately 10.3 square kilometres. It has 22 parks covering nearly 29.9% of total area. The population of Arundel in 2011 was 9,573 people. By 2016 the population was 10,242 showing a population growth of 7.0% in the area during that time. The predominant age group in Arundel is 50-59 years. Households in Arundel are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Arundel work in a professional occupation. In 2011, 64.2% of the homes in Arundel were owner-occupied compared with 65.9% in 2016.

Arundel has 5,223 properties. Over the last 5 years, Houses in Arundel have seen a 106.42% increase in median value, while Units have seen a 115.41% increase. As at 31 August 2024:

  • The median value for Houses in Arundel is $1,165,836 while the median value for Units is $740,835.
  • Houses have a median rent of $815 while Units have a median rent of $690.
There are currently 30 properties listed for sale, and 12 properties listed for rent in Arundel on OnTheHouse. According to CoreLogic's data, 229 properties were sold in the past 12 months in Arundel.

Suburb Insights for Arundel 4214

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Contact agent
Jackson Rameau
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Josh Cameron
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RWC Gold Coast
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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.