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Sold on 05 Dec 2024 - Price Unavailable

50 Kingston Drive
Helensvale QLD 4212

Bedrooms: -
Bathrooms: -
Car spaces: 31
Floor area: 2388m2
Land area: 4050m2
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Property Details for 50 Kingston Dr, Helensvale

Building Type
Commercial
Floor Size
2388m2
Land Size
4050m2

Last Listing description (December 2024)

Jackson Rameau and Michael Willems from RWC Gold Coast proudly present this exceptional freehold investment opportunity at 50 Kingston Drive, Helensvale QLD. This property boasts a secure long-term lease to national tenant 'Drive Group', with an attractive net structure and strong 3.5% annual increases. It is strategically positioned within the Helensvale industrial precinct with direct M1 access (north and south) and is just 9.6km* north-west of the Southport CBD.

KEY FEATURES INCLUDE:
• Net Income: $503,475.75* p.a. + GST + Outgoings (as of March 2025)

• Fully leased until 2030 with 1 x 3 year option
• Approved Zoning via MCU for Medium Impact Industry
• Strong income growth with 3.5% annual reviews
• National tenant with 19 sites across Australia
• Land area: 4,050m2* fronting major M1 motorway
• Building area: 2,388m2* comprising 2,153m2* warehouse space and dual mezzanine office spaces of 182m2* and 53m2*
• Large hardstand area and exclusive car parking (quality maneuverability) zoned medium-impact industry
• Quality tilt panel high-clearance warehouse with modern dual-level office
• Optic fibre connection, 4 roller shutters, 18.4kW solar panel system, key tag security system
• 31 x available car parks (space for 41 if reconfigured)
• Surrounded by national businesses including Bunnings Trade Centre, StarTrack, Tradezone, Border Express, Isuzu & Volkswagon, Alder Developments & Ringers Western
• Positioned with direct access to the M1 Motorway, just 2km* from the Helensvale major retail precinct, Helensvale'slight and heavy rail stations, and 9.6km* from the Southport CBD

For sale via Public Auction to be held at 11:00am Thursday 5th December 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 Jackson Rameau on 0438 451 112 or Michael Willems on 0412 240 176.

Disclaimer: The website may have filtered the property into a price bracket for website functionality purposes. RWC Gold Coast 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 RWC Gold Coast divisions toward the recipient with regard to the use of this information and all information given is given without responsibility. *Approximately

Property History for 50 Kingston Dr, Helensvale, QLD 4212

A timeline of how this property has performed in the market
Last Sold
05 Dec 2024
  • 05 Dec 2024
    Sold
  • 31 Oct 2024
    Listed for Sale Auction - Thursday 5th December 2024 at 11am
  • 12 Dec 2022
    Sold for $7,000,000
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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 8,253 properties. Over the last 5 years, Houses in Helensvale have seen a 92.18% increase in median value, while Units have seen a 108.22% increase. As at 30 November 2024:

  • The median value for Houses in Helensvale is $1,219,972 while the median value for Units is $704,186.
  • Houses have a median rent of $990 while Units have a median rent of $768.
There are currently 60 properties listed for sale, and 24 properties listed for rent in Helensvale on OnTheHouse. According to CoreLogic's data, 409 properties were sold in the past 12 months in Helensvale.

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Contact agent
Jackson Rameau
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Michael Willems
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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.