SOLD
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Sold on 11 Apr 2024 - Price Unavailable

6 Ereton Drive
Arundel QLD 4214

Bedrooms: -
Bathrooms: -
Car spaces: 15
Floor area: 750m2
Land area: 1500m2
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Property Details for 6 Ereton Dr, Arundel

Building Type
Commercial
Floor Size
750m2
Land Size
1500m2
Local Government
Gold Coast City
Lot/Plan
2/RP180609

Last Listing description (April 2024)

Peter Laoudikos and Matt Taylor from RWC Gold Coast as the exclusive marketing agents present, 6 Ereton Drive, Arundel. This exciting opportunity comprises of a modern showroom and warehouse unit positioned in a prime business / retail precinct located just off Brisbane Road, Arundel. With a short term leases, a rare opportunity presents itself for investors & owner occupiers to take advantage. Properties in this location with such high advertising potential are rarely made on offer.

Key features include:
• 1,500m²* land area

• 930m²* building area
• 750m2* ground floor approved warehouse space
• 200m2 gross mezzanine area
• Leased to 3 tenants - Short Term leases provide huge upside
• Net annual income of $227,172*+ GST + Outgoings
• Quality concrete tilt panel construction
• 6.5m* roof height with high bay lighting
• Exclusive rear yard area
• Knockout tilt panels allow for property to be divided into 1, 2 or 3 tenancies.
• Rear windows and door allow for cross breeze
• Large front window to showroom area
• Internal male & female amenities & kitchenette
• High roller door with shipping container access
• Easy truck access to roller door
• Situated within a thriving commercial hub with many national businesses
• Opposite Harbour Town Shopping Centre
• Fantastic connectivity to Brisbane Road, a high-traffic, east-west arterial road

Offered for sale via Public Auction to be held at 11:00am Thursday 11th April 2024 at the Gold Coast Turf Club, Racecourse Drive, Bundall QLD. For more information or to arrange a private inspection, please contact the exclusive marketing agents Peter Laoudikos on 0422 118 288 or 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 6 Ereton Dr, Arundel, QLD 4214

A timeline of how this property has performed in the market
Last Sold
11 Apr 2024
Listed for Rent
12 Jan 2023
  • 20 Sep 2024
    Listed for Rent - Price not available
  • 11 Apr 2024
    Sold for $4,300,000
  • 04 Mar 2024
    Listed for Sale Auction: Thursday 11 April, 2024 at 11am
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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 26 properties listed for sale, and 20 properties listed for rent in Arundel on OnTheHouse. According to CoreLogic's data, 225 properties were sold in the past 12 months in Arundel.

Suburb Insights for Arundel 4214

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Contact agent
Peter Laoudikos
Show contact details
Matt Taylor
Show contact details
Surfers Paradise-Commercial Property Management Division
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.