FOR SALE
$2,300,000

Contact Agent For Address
Hope Island QLD 4212

Bedrooms: -
Bathrooms: -
Car spaces: 9
Floor area: 204m2
Land area: 809m2
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Fully Leased Freestanding Building - Ideal Investment Property

A great opportunity presents itself in booming Hope Island to secure this good quality, income producing commercial building with tenants in place - an ideal addition to an existing portfolio or a great standalone investment for future growth aspirations.
Set on a large 809m2 allotment with 9 off-road parking bays for customers situated in one of the fastest growing areas on the Gold Coast, this property offers approx. 204m2 of floor area; 2 separate shops approx. 102m2 each - within minutes to Paradise Point, Hope Island, Sanctuary Cove and Oyster Cove - providing your tenants with plenty of potential future business.
*Offered fully leased as a going concern
*2 x tenancies approx. 204m2 total area
*809m2 approx. land size
*204m2 approx. building size
*9 off-road customer parking bays
*Site comes under original commercial zoning for the area
*Current rental income of $94,000 per year
Add to your existing commercial property portfolio, landbank for the future or start your commercial property portfolio today with this superb opportunity in sought-after Hope Island!

Property Details for Contact Agent For Address, Hope Island

Building Type
Commercial
Floor Size
204m2
Land Size
809m2

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About Hope Island 4212

The size of Hope Island is approximately 14.2 square kilometres. It has 15 parks covering nearly 21.5% of total area. The population of Hope Island in 2011 was 8,481 people. By 2016 the population was 11,203 showing a population growth of 32.1% in the area during that time. The predominant age group in Hope Island is 60-69 years. Households in Hope Island are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Hope Island work in a managers occupation. In 2011, 64.6% of the homes in Hope Island were owner-occupied compared with 67.5% in 2016.

Hope Island has 8,832 properties. Over the last 5 years, Houses in Hope Island have seen a 98.77% increase in median value, while Units have seen a 70.95% increase. As at 31 July 2024:

  • The median value for Houses in Hope Island is $1,480,728 while the median value for Units is $921,603.
  • Houses have a median rent of $1,138 while Units have a median rent of $760.
There are currently 187 properties listed for sale, and 25 properties listed for rent in Hope island on OnTheHouse. According to CoreLogic's data, 694 properties were sold in the past 12 months in Hope island.

Suburb Insights for Hope Island 4212

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Contact agent
Sarah Filippini
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Kyle Miller
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Island Realty Paradise Point
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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.