FOR SALE
UNDER CONTRACT

8 Frigo Court
Bundall QLD 4217

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 2429m2
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Prime Commercial Redevelopment Land - Bundall Commercial CBD

A unique opportunity exists to secure this 2,429sqm* block, one of the last vacant allotments available situated in the Bundall commercial CBD precinct.
The land is Innovation Zone permitting versatility with a potential for commercial office development including science, tech, cultural, education, hotel, and possibility for residential apartments (STCA).
Solid holding income as car parking for surrounding local businesses. Premier position situated within close proximity to HOTA and Surfers Paradise. Direct access to Crombie Avenue and onto Bundall Road which is the gateway to renowned neighbouring suburbs.
- Prime 2,429sqm* vacant block
- City Plan Zone Code: Innovation Zone
- Blank Canvas: Bring your imagination!
- Designated maximum building height is 54m (under City Plan)
- Metres to the Gold Coast Mail Centre, Arts Centre, Council Chambers & Gold Coast Turf Club
- Solid holding net income of $94,716.06* per annum - currently used as car park
- Rate is $7,530.15* per half year
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Property Details for 8 Frigo Ct, Bundall

Building Type
Commercial
Land Size
2429m2

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About Bundall 4217

The size of Bundall is approximately 3.9 square kilometres. It has 9 parks covering nearly 11.6% of total area. The population of Bundall in 2011 was 4,188 people. By 2016 the population was 4,520 showing a population growth of 7.9% in the area during that time. The predominant age group in Bundall is 40-49 years. Households in Bundall are primarily couples with children and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Bundall work in a professional occupation. In 2011, 72.2% of the homes in Bundall were owner-occupied compared with 72% in 2016.

Bundall has 2,569 properties. Over the last 5 years, Houses in Bundall have seen a 97.62% increase in median value, while Units have seen a 82.87% increase. As at 31 October 2024:

  • The median value for Houses in Bundall is $1,917,726 while the median value for Units is $710,431.
  • Houses have a median rent of $1,200 while Units have a median rent of $700.
There are currently 24 properties listed for sale, and 31 properties listed for rent in Bundall on OnTheHouse. According to CoreLogic's data, 164 properties were sold in the past 12 months in Bundall.

Suburb Insights for Bundall 4217

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Bob Rollington
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First National Real Estate Surfers Paradise
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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.