SOLD
Sold on 27 Feb 2024 for $23,650,000

19 Millaroo Drive
Helensvale QLD 4212

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 26640m2
Sold By
David Corke
CBRE Gold Coast
Luke Brechin
CBRE Gold Coast
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Property Details for 19 Millaroo Dr, Helensvale

Building Type
Commercial
Land Size
26640m2
Local Government
Gold Coast City
Lot/Plan
6/SP182836

Last Listing description (October 2023)

CBRE are pleased to present, 50 Town Centre Drive, Helensvale, to the market for sale via a public Expressions of Interest.

This vacant site will allow the successful purchaser to secure a substantial development site adjacent to one of the central Gold Coast's premium shopping centres.


The offering is centrally positioned to an ever expanding residential pocket whilst being easily accessed from the M1 Motorway and Gold Coast Highway, both light and heavy rail/bus interchange, and is a short distance to the famous tourist theme parks.

The property features:

- 2.664ha of total land area
- Total street frontage of 330m
- Zoned Mixed Use/Fringe Business
- Located adjacent to Westfield Helensvale
- Direct access to M1 Motorway and Gold Coast Highway
- Walking distance to light and heavy rail/bus interchange
- Close proximity to Griffith University and Gold Coast Hospitals
- 35 minutes to Gold Coast Airport and 55 minutes to Brisbane Airport
- One of the last remaining large lot infill sites available close to the M1 Motorway

For further information on this development opportunity, contact your exclusive agents at CBRE today.

Expressions of Interest close Thursday 2nd November 2023 at 2:00pm.

*Sizes and distances are approximate only

Property History for 19 Millaroo Dr, Helensvale, QLD 4212

A timeline of how this property has performed in the market
Last Sold
$23,650,000
27 Feb 2024
  • 27 Feb 2024
    Sold for $23,650,000
  • 09 Oct 2023
    Listed for Sale For Sale via EOI closing 2nd November 2023 at 2pm
  • 10 Mar 2022
    Sold
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About Helensvale 4212

The size of Helensvale is approximately 21.6 square kilometres. It has 62 parks covering nearly 27.7% of total area. The population of Helensvale in 2011 was 15,987 people. By 2016 the population was 16,844 showing a population growth of 5.4% in the area during that time. The predominant age group in Helensvale is 40-49 years. Households in Helensvale are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Helensvale work in a professional occupation. In 2011, 76% of the homes in Helensvale were owner-occupied compared with 74.7% in 2016.

Helensvale has 8,208 properties. Over the last 5 years, Houses in Helensvale have seen a 94.59% increase in median value, while Units have seen a 115.31% increase. As at 31 October 2024:

  • The median value for Houses in Helensvale is $1,216,086 while the median value for Units is $684,788.
  • Houses have a median rent of $990 while Units have a median rent of $750.
There are currently 72 properties listed for sale, and 23 properties listed for rent in Helensvale on OnTheHouse. According to CoreLogic's data, 400 properties were sold in the past 12 months in Helensvale.

Suburb Insights for Helensvale 4212

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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.