SOLD
Sold on 22 Dec 2023 for $1,001,000

3/47 Newheath Drive
Arundel QLD 4214

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 278m2
Land area: 295m2
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Property Details for 3/47 Newheath Dr, Arundel

Building Type
Commercial
Floor Size
278m2
Land Size
295m2
Local Government
Gold Coast City
Lot/Plan
3/SP220797

Last Listing description (October 2021)

We are incredibly excited to present to the market one of the best strata industrial units available!

With immaculate presentation, and an ideal location on Newheath Drive (just off the M1 with ease of access for both north and south bound traffic) this property boasts:

-Secure lease to a long term tenant

-295m2* on title comprising office and warehouse areas
-Impressive internal office fit out with ducted air conditioning
-High clearance warehouse area, easily accessed by electric roller door
-Tiled kitchen and staff amenities in great condition
-Unique basement car parks
-Secure gated complex with electric gate for access outside business hours

Servicing the booming Gold Coast Northern Suburbs and just a short stroll to the Parkwood G:Link station- the position is undeniably appealing!

The property has a long term tenant in place, who have just extended their lease until December 2022 with an option, and paying $48,000 rent annually plus GST plus outgoings.

Griffith University, Westfield Helensvale, Gold Coast University Hospital and Helensvale Train Station are all within a few kilometres of the unit with direct access to Southport CBD via Smith Street Motorway.

This really is a super impressive industrial opportunity, not to be missed!

$795,000

Contact the exclusive marketing agent Adam Young for more information or to arrange an inspection today.

"We have, in preparing this information, used our best endeavours to ensure that the information contained herein is true and accurate, but accept no responsibility and disclaim all liability in respect of any errors, omissions, inaccuracies or misstatements that may occur (including but not limited property area, description and approvals). We disclaim and do not accept any liability (direct or indirect) for any injury, loss, claim, damage or any incidental or consequential damages, including but not limited to lost profits or savings, arising out of or in any way connected with the use of any information, or any error, omission or defect in the information, contained herein. Prospective purchasers should make their own enquiries and seek appropriate advice to verify the information contained herein."

Property History for 3/47 Newheath Dr, Arundel, QLD 4214

A timeline of how this property has performed in the market
Last Sold
$1,001,000
22 Dec 2023
  • 22 Dec 2023
    Sold for $1,001,000
  • 04 Sep 2021
    Sold for $790,000
  • 28 Jul 2021
    Listed for Sale $795,000
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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 5,215 properties. Over the last 5 years, Houses in Arundel have seen a 98.03% increase in median value, while Units have seen a 121.48% increase. As at 31 October 2024:

  • The median value for Houses in Arundel is $1,139,909 while the median value for Units is $765,202.
  • Houses have a median rent of $830 while Units have a median rent of $695.
There are currently 27 properties listed for sale, and 20 properties listed for rent in Arundel on OnTheHouse. According to CoreLogic's data, 224 properties were sold in the past 12 months in Arundel.

Suburb Insights for Arundel 4214

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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.