FOR SALE
Auction

117A Arundel Drive
Arundel QLD 4214

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 130m2
Land area: 2248m2
Auction Time
Mon 27 Jan 10:00 am
Inspection Times
No upcoming inspections scheduled.
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Overseas Vendor Says - Must Be Sold

RWC Gold Coast is delighted to present 117A Arundel Drive, Arundel, QLD - a unique opportunity to acquire a versatile, multi-tenanted investment in a prime and highly sought-after location. The property boasts a projected fully leased net income of $248,830* p.a. + GST with a diverse tenancy mix of warehouse, retail, and residential uses and the opportunity to further reposition the asset with considerable upside, making it a versatile opportunity for investors and owner occupiers alike!
Key Property Features:
• Ultimate freehold building in high growth area
• Huge exposure to Brisbane Road/Arundel Drive
• Projected Fully Leased Net Income: $248,830* p.a. + GST (as at November 2024)
• Significant 2,248m2* site with a total building area of 796m2*
• Considerable rental upside or owner occupier potential with additional income
• Redevelopment potential
• Prominent signage opportunities
• Ample car parking
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Property Details for 117a Arundel Dr, Arundel

Building Type
Commercial
Floor Size
130m2
Land Size
2248m2

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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 5,234 properties. Over the last 5 years, Houses in Arundel have seen a 95.10% increase in median value, while Units have seen a 110.90% increase. As at 30 November 2024:

  • The median value for Houses in Arundel is $1,172,028 while the median value for Units is $733,189.
  • Houses have a median rent of $840 while Units have a median rent of $700.
There are currently 27 properties listed for sale, and 17 properties listed for rent in Arundel on OnTheHouse. According to CoreLogic's data, 226 properties were sold in the past 12 months in Arundel.

Suburb Insights for Arundel 4214

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Contact agent
Greg Bell
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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.