SOLD
Sold on 22 Dec 2023 for $1,015,000

13/475 Scottsdale Drive
Varsity Lakes QLD 4227

Bedrooms: -
Bathrooms: -
Car spaces: 4
Floor area: 260m2
Land area: 268m2
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Property Details for 13/475 Scottsdale Dr, Varsity Lakes

Building Type
Commercial
Floor Size
260m2
Land Size
268m2
Local Government
Gold Coast City
Lot/Plan
13/SP196950

Last Listing description (November 2023)

Hudson Kaddatz from Harcourts Coastal Commercial is proud to exclusively present this unique industrial unit on Scottsdale Drive to the market. This property is the ideal layout for any business, it features a large open span warehouse and ideally located office mezzanine along the side of the warehouse. High ceilings, 4 exclusive carparks, easy access to the M1 south and northbound, this property is truly the functional dream for owner occupiers or an outstanding offering to prospective tenants. The owners have committed elsewhere and have given clear instructions that this property must be sold on or before the EOI date. The property will be sold via an Expression of Interest Campaign closing on Wednesday the 29th of November 2023.

Please note, this property can be delivered vacant possession and the tenants will remove their fit-out. Contact Hudson for more details on the specifics.


Key Features:
268m2 total floor area
197m2 ground floor warehouse
72m2 air-conditioned office mezzanine
Complex with high exposure to Scottsdale Drive (20,000* passing cars daily)
Passing Income of $56,233.08 + GST
Presents like a new unit
High clearance roller door
Functional layout to suit all operators
Exclusive amenities including shower
4 exclusive carparks outside unit
Located 300m from the Pacific Motorway

For a copy of the detailed Information Memorandum and additional data please contact exclusive agent Hudson Kaddatz.

*Approximately

Disclaimer:
Harcourts Coastal Commercial 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 Beyond Commercial Pty Ltd trading as Harcourts Coastal Commercial divisions toward the recipient with regard to the use of this information and all information given is given without responsibility.

Property History for 13/475 Scottsdale Dr, Varsity Lakes, QLD 4227

A timeline of how this property has performed in the market
Last Sold
$1,015,000
22 Dec 2023
Listed for Rent
17 Dec 2018
  • 22 Dec 2023
    Sold for $1,015,000
  • 31 Oct 2023
    Listed for Sale EOI - CLOSING WEDNESDAY 29TH NOVEMBER
  • 23 Apr 2021
    Sold for $575,000
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About Varsity Lakes 4227

The size of Varsity Lakes is approximately 5.9 square kilometres. It has 23 parks covering nearly 10.6% of total area. The population of Varsity Lakes in 2011 was 14,365 people. By 2016 the population was 15,000 showing a population growth of 4.4% in the area during that time. The predominant age group in Varsity Lakes is 20-29 years. Households in Varsity Lakes are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Varsity Lakes work in a professional occupation. In 2011, 51.9% of the homes in Varsity Lakes were owner-occupied compared with 51.3% in 2016.

Varsity Lakes has 8,041 properties. Over the last 5 years, Houses in Varsity Lakes have seen a 83.43% increase in median value, while Units have seen a 78.54% increase. As at 31 October 2024:

  • The median value for Houses in Varsity Lakes is $1,169,868 while the median value for Units is $779,938.
  • Houses have a median rent of $850 while Units have a median rent of $750.
There are currently 30 properties listed for sale, and 27 properties listed for rent in Varsity lakes on OnTheHouse. According to CoreLogic's data, 423 properties were sold in the past 12 months in Varsity lakes.

Suburb Insights for Varsity Lakes 4227

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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.