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

5 De Barnett Street
Coomera QLD 4209

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 742m2
Land area: 1777m2
Auction Time
Thu 26 Sep 11:00 am
Inspection Times
No upcoming inspections scheduled.
Contact agent to arrange an inspection.
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FREESTANDING SELF-STORAGE FACILITY & RESIDENTIAL TENANCY - Development Upside

Jackson Rameau & Fraser Cowan from RWC is pleased to present to the market for sale via auction, 5 De Barnett Street, Coomera. Strategically positioned facing the M1 Motorway, this unique opportunity boasts endless opportunities for future development with an array of different uses from industrial storage to residential.
Key features include:
• 1,777 m2* total land area with dual street frontages
• On-Site manager has a lease for 6 months remaining over the entire site
• Net income of $180,000* P.A. + GST + Outgoings until Feb 2025
• Short-term lease allows incoming buyer to self-manage both storage units and residence or redevelop
• Previous approval for 'Additions to Storage Level' (second-level approval for storage facility)
• 42 industrial storage sheds & 4 bedroom residential house on site
• Provisions for an on-site resident manager/office
• Security Gates and 24-hour CCTV surveillance with easy access
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Property Details for 5 De Barnett St, Coomera

Building Type
Commercial
Floor Size
742m2
Land Size
1777m2

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About Coomera 4209

The size of Coomera is approximately 24.6 square kilometres. It has 33 parks covering nearly 9.8% of total area. The population of Coomera in 2011 was 8,792 people. By 2016 the population was 13,312 showing a population growth of 51.4% in the area during that time. The predominant age group in Coomera is 0-9 years. Households in Coomera are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Coomera work in a trades occupation. In 2011, 42.9% of the homes in Coomera were owner-occupied compared with 36.8% in 2016.

Coomera has 9,046 properties. Over the last 5 years, Houses in Coomera have seen a 92.63% increase in median value, while Units have seen a 110.04% increase. As at 31 August 2024:

  • The median value for Houses in Coomera is $882,784 while the median value for Units is $651,172.
  • Houses have a median rent of $710 while Units have a median rent of $620.
There are currently 65 properties listed for sale, and 51 properties listed for rent in Coomera on OnTheHouse. According to CoreLogic's data, 575 properties were sold in the past 12 months in Coomera.

Suburb Insights for Coomera 4209

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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.