SOLD
Sold on 02 Aug 2024 for $1,020,000

48/8 Distribution Ct
Arundel QLD 4214

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 191m2
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Property Details for 48/8 Distribution Ct, Arundel

Building Type
Commercial
Land Size
191m2
Local Government
Gold Coast City
Lot/Plan
48/SP320841

Last Listing description (December 2022)

Located in Stage 3 at 8 Distribution Court Arundel, this high quality, brand new unit offers owner occupiers and investors a second chance to get their hands on a one of these highly sought after industrial properties.

KEY FEATURES:-
191m total floor area

166 SQM Ground floor
25 SQM Carpeted air-conditioned mezzanine office
Medium Impact Industry zoning
3 allocated parking bays
Shower

Other features include:-

Excellent truck access
On-site Cafe
Central Location to the Gold Coast Business District
High Demand from tenants

The LOGOS Business Park is conveniently located within the high-end Gold Coast Logistics Hub, moments from the brand new Toll Distribution Centre, Bunnings Warehouse and Harbour Town Premium Outlet

Contact Sandra today on 0418 2222 57 to arrange an inspection.

Property History for 48/8 Distribution Ct, Arundel, QLD 4214

A timeline of how this property has performed in the market
Last Sold
$1,020,000
02 Aug 2024
Listed for Rent
$18k/w
22 Dec 2022
  • 02 Aug 2024
    Sold for $1,020,000
  • 14 Oct 2022
    Listed for Rent - Price not available
  • 25 Jun 2021
    Sold for $543,000

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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, 211 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.