SOLD
RECENT ADVICE
Sold on 25 Jul 2024 - Price Unavailable

10 Ereton Drive
Arundel QLD 4214

Bedrooms: -
Bathrooms: -
Car spaces: 22
Floor area: 891m2
Land area: 1500m2
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Property Details for 10 Ereton Dr, Arundel

Building Type
Commercial
Floor Size
891m2
Land Size
1500m2
Local Government
Gold Coast City
Lot/Plan
4/RP180609

Last Listing description (July 2024)

Matt Taylor from RWC Gold Coast as the exclusive marketing agents present, 10 Ereton Drive, Arundel. Situated in a popular industrial precinct surrounded by national tenants this property presents itself to investors looking for a strong location which benefits from high levels of exposure and continual rental demand.

Key Features Include:
- 1,500m²* Industrial land

- 891m²* well-equipped freestanding building
- Income $230,000* with new lease terms
- Currently tenanted by a reputable long-term business (Queensland Storage Solutions)
- High clearance warehousing
- Can be split into multiple smaller tenancies in the future to increase rent and grow with the ongoing demand for tenancies in this area.
- Prominent street exposure
- 4 separate roller doors
- Secured gated perimeter
- Brand new toilets, bathrooms and kitchenette (Unit 1)
- Easy truck access and container drop-off
- Easy access to major arterial roads
- Ample handstand
- 22 on-site car parks
- Absolutely will be sold!

Offered for sale via Public Auction to be held at 11:00am Thursday 25th July at the Gold Coast Turf Club, Racecourse Drive, Bundall QLD.

For more information or to arrange a private inspection, please contact the exclusive marketing agent Matt Taylor on 0429 959 429.

Disclaimer:
The website may have filtered the property into a price bracket for website functionality purposes. Ray White 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, advices or as is otherwise necessary. No duty of care is assumed by Orchid Avenue Realty trading as Ray White Surfers Paradise Commercial divisions toward the recipient with regard to the use of this information and all information given is given without responsibility. *Approximately

Property History for 10 Ereton Dr, Arundel, QLD 4214

A timeline of how this property has performed in the market
Last Sold
25 Jul 2024
Listed for Rent
$2.20k/w
16 Jan 2020
  • 25 Jul 2024
    Sold for $3,600,000
  • 21 Jun 2024
    Listed for Sale Auction - Thursday 25th July 2024 at 11am
  • 16 Feb 2021
    Sold for $1,300,000
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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 5,206 properties. Over the last 5 years, Houses in Arundel have seen a 98.28% increase in median value, while Units have seen a 114.63% increase. As at 30 September 2024:

  • The median value for Houses in Arundel is $1,124,226 while the median value for Units is $747,806.
  • Houses have a median rent of $830 while Units have a median rent of $695.
There are currently 29 properties listed for sale, and 18 properties listed for rent in Arundel on OnTheHouse. According to CoreLogic's data, 210 properties were sold in the past 12 months in Arundel.

Suburb Insights for Arundel 4214

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Contact agent
Matt Taylor
Show contact details
RWC Gold Coast
Preferred contact:
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.