SOLD
RECENT ADVICE
Sold on 11 Oct 2024 for $1,925,000

15 Commercial Drive
Ashmore QLD 4214

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 618m2
Land area: 1432m2
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Property Details for 15 Commercial Dr, Ashmore

Building Type
Commercial
Floor Size
618m2
Land Size
1432m2

Last Listing description (October 2024)

Jackson Rameau from RWC Gold Coast is excited to present 15 Commercial Drive, Ashmore, QLD by way of Public Auction on behalf of the Deceased Estate. This versatile multi-tenanted industrial complex is strategically located between the key industrial hub of Molendinar and the bustling Southport CBD in Queensland.

Prospective buyers have the unique opportunity to either maintain it as a high-yield investment with potential for increased rental returns, redevelop the site given the short-term leases, or completely reimagine the space with a new building or showroom.

Key features of the entire industrial complex include;

• 1,432m2 of prime industrial land area
• 100% leased complex with all tenants on monthly tenancies allowing unlimited potential
• Complex of 20 industrial and storage units
• Dual driveway access points for easy maneuverability within complex
• 618m2* of total lettable area (only 43% site coverage)
• Total gross income of $98,736 per annum (major rental rate upside)
• All tenants are on a month-to-month basis offering strong flexibility
• First time available in nearly 30 years from the selling family
• Immediate rental upside with strong development potential
• Do not miss out on this golden opportunity to occupy, collect the income, or re-develop!

On behalf of the family, the asset is offered for sale via Public Auction, Thursday 17 October 2024 at 11am. For more information or to arrange a private inspection, please contact the exclusive marketing agent Jackson Rameau of RWC Gold Coast on 0438 451 112.

Disclaimer:
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. This property is being sold by auction or without a price and therefore a price guide can not be provided. The website may have filtered the property into a price bracket for website functionality purposes.

Property History for 15 Commercial Dr, Ashmore, QLD 4214

A timeline of how this property has performed in the market
Last Sold
$1,925,000
11 Oct 2024
  • 01 Nov 2024
    Sold for $1,925,000
  • 12 Sep 2024
    Listed for Sale Auction - Thursday 17th October 2024 at 11am
  • 13 Jun 1995
    Sold for $460,000
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About Ashmore 4214

The size of Ashmore is approximately 6.8 square kilometres. It has 27 parks covering nearly 9.6% of total area. The population of Ashmore in 2011 was 11,586 people. By 2016 the population was 11,875 showing a population growth of 2.5% in the area during that time. The predominant age group in Ashmore is 40-49 years. Households in Ashmore are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Ashmore work in a professional occupation. In 2011, 69.1% of the homes in Ashmore were owner-occupied compared with 68.2% in 2016.

Ashmore has 5,557 properties. Over the last 5 years, Houses in Ashmore have seen a 66.61% increase in median value, while Units have seen a 81.39% increase. As at 31 January 2025:

  • The median value for Houses in Ashmore is $1,113,242 while the median value for Units is $567,587.
  • Houses have a median rent of $800 while Units have a median rent of $720.
There are currently 39 properties listed for sale, and 9 properties listed for rent in Ashmore on OnTheHouse. According to CoreLogic's data, 240 properties were sold in the past 12 months in Ashmore.

Suburb Insights for Ashmore 4214

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Contact agent
Jackson Rameau
Show contact details
RWC Gold Coast
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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.