OFF MARKET

28 Greg Chappell Drive
Burleigh Heads QLD 4220

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 132m2
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Property Details for 28 Greg Chappell Dr, Burleigh Heads

Building Type
Commercial
Land Size
132m2
Local Government
Gold Coast City
Lot/Plan
1/BUP5452

Last Listing description (December 2024)

Peter Laoudikos & Lachlan Holliday offer this exceptional Burleigh Heads investment to the market with serious rental and development upside. The property is a multi-tenanted, industrial, freehold asset strategically positioned in Queensland's premier Industrial suburb. Zoned High Impact Industry and providing an average rental rate of $192* per m, there is some serious upside in this property with leases renewals and rent reviews coming in 2024 & 2025.

The property offers the below rarely offered attributes;

Gross income $218,209.72* with unit 3 currently vacant

Average rental rate per m of $192.94* - well below current rent's provides significant rental upside
Net lettable area 1,131m*
Substantial 2,429m* land holding with highly favourable `High Impact Industry' zoning
7 Individual tenancies with one vacancy provides immediate rental upside or owner possession
Ability to increase net lettable area with additional mezzanines
A mix of long standing tenants and new
Extremely low vacancy rates in suburb
Above average carpark ratio
New roof installation
Low maintenance complex
Surrounded by National and Multi-national businesses within one of the Gold Coast's & Queensland's most sort after Commercial & Industrial estates
The property can be accessed from Reedy Creek Road, which connects to Bermuda Street and the M1 Pacific Motorway

* Approx.

Disclaimer:
RWC has not independently checked any of the information we merely pass on. We make no comment on and give no warranty as to the accuracy of the information contained in this document which does not constitute all or any part of any offer or contract by the recipient. Prospective purchasers / lessees must rely on their own enquiries and should satisfy themselves as to the truth or accuracy of all information given by their own inspections, searches, inquiries, advice or as is otherwise necessary. No duty of care is assumed by RWC divisions toward the recipient with regard to the use of this information and all information given is given without responsibility.

Property History for 28 Greg Chappell Dr, Burleigh Heads, QLD 4220

A timeline of how this property has performed in the market
Listed for Rent
$383/w
05 May 2022
  • 06 Aug 2024
    Listed for Sale Sale by Negotiation
  • 03 Mar 2022
    Listed for Rent - Price not available
  • 27 Sep 2021
    Listed for Sale Auction
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About Burleigh Heads 4220

The size of Burleigh Heads is approximately 10.2 square kilometres. It has 23 parks covering nearly 16% of total area. The population of Burleigh Heads in 2011 was 9,186 people. By 2016 the population was 10,063 showing a population growth of 9.5% in the area during that time. The predominant age group in Burleigh Heads is 30-39 years. Households in Burleigh Heads are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Burleigh Heads work in a professional occupation. In 2011, 59.3% of the homes in Burleigh Heads were owner-occupied compared with 60.2% in 2016.

Burleigh Heads has 9,349 properties. Over the last 5 years, Houses in Burleigh Heads have seen a 90.19% increase in median value, while Units have seen a 108.79% increase. As at 28 February 2025:

  • The median value for Houses in Burleigh Heads is $1,696,569 while the median value for Units is $1,181,230.
  • Houses have a median rent of $900 while Units have a median rent of $800.
There are currently 88 properties listed for sale, and 59 properties listed for rent in Burleigh heads on OnTheHouse. According to CoreLogic's data, 507 properties were sold in the past 12 months in Burleigh heads.

Suburb Insights for Burleigh Heads 4220

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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 liability for any loss or damage arising in connection with the data and information contained in this publication.