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| FOR SALE |
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| Gold Coast, QLD |
| CBRE METROPOLITAN INVESTMENTS |
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| The Gold Coast market has experienced high levels of activity across all sectors throughout 2021. There has been strong growth in the residential development market as heightened levels of interstate investment continues to drive market activity moving into 2022. Enquiry and participation across all campaigns has been highly competitive with a number of deals being transacted sight unseen.
The big winners include the office services market and the industrial and logistics sector. The office sector saw a 3% drop in vacancy across the first half of 2021, with another expected fall in vacancy leading into the new year. Demand for sub-200sqm tenancies continues to be the strongest of the market, as small to medium enterprise businesses look for fully fitted spaces.
Industrial and logistics has been the cornerstone of the market as land prices continue to escalate, driven by owner occupier demand and the current low interest rate environment. Given the limited land supply in comparison to capital city markets, prices have reached record highs across all sub regions.
The retail sector has continued to perform well despite the headwinds from the tourism sector. Retailers’ dependent on the tourism sector have experienced difficulty in 2021, however the wider retail market has benefited from the local consumption demands and the lack of everyday COVID impacts. South East Queensland, and particularly the Gold Coast, has benefited from Queensland’s COVID-19 response over the past 18 months, which has attracted those from interstate to permanently move to the sunshine state. This has helped drive property values to new highs as competition within all sub-sectors remains high.
CBRE Metropolitan Investments is pleased to present the below properties across the commercial office sector, industrial and logistics, retail developments, and residential land subdivisions.
Kind regards,
Mark Witheriff
Managing Director
CBRE Gold Coast | |
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| BYRON BAY'S MOST ICONIC RETAIL CORNER |
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| 14 JONSON STREET |
Byron Bay
NSW
A true landmark retail trophy anchored by international tenant Boardriders Group positioned at one of the busiest intersections in the heart of the Byron Bay CBD. |
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| WATERFRONT DEVELOPMENT OPPORTUNITY |
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| 44 SEAWORLD DRIVE |
Main Beach
Gold Coast
This exclusive residential, mixed-use, tourism and marina development opportunity (STCA) offers approximately 150 metres frontage to the Southport Broadwater at the entrance to The Spit, Gold Coast's premier waterfront precinct. The site offers the opportunity to develop a world class marina facility (STCA) adding to the overall amenity and design outcomes for the development. |
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| PROMINENT MULTI-TENANTED INDUSTRIAL & LOGISTICS INVESTMENT OPPORTUNITY |
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| 328 BRISBANE ROAD |
Arundel
Gold Coast
This offering represents a rare opportunity to secure one of the few prominent, multi-tenanted large land holdings remaining in the ever-popular Brisbane Road Industrial precinct. The property provides a genuine income in its current configuration, and with the changing face of the Brisbane Road corridor, also offers significant future redevelopment potential. |
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50 CAVILL
AVENUE |
Surfers Paradise
SOLD $113.5M |
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75-79 GARFIELD
TERRACE |
Surfers Paradise
SOLD $30M |
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20 SCOTTSDALE
DRIVE |
Robina
SOLD $ Confidential |
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8 BAY
STREET |
Southport
SOLD $2.03M |
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| 154 VARSITY PARADE |
Varsity Lakes
SOLD $12.6M |
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| 299 SCOTTSDALE DRIVE |
Robina
SOLD $ Confidential |
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| 67 PIMPAMA JACOBS WELL RD |
Pimpama
SOLD $ Confidential |
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| PROXIMA SOUTHPORT |
Southport
SOLD $79.5M |
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5 GRAND
PARADE |
Casuarina
SOLD $ Confidential |
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| 71 GARFIELD TERRACE |
Surfers Paradise
SOLD $ Confidential |
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FOXWELL
ROAD |
Coomera
SOLD $32M |
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6 GRAND
PARADE |
Casuarina
SOLD $ Confidential |
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CBRE: 50 Cavill Avenue, Level 18, Surfers Paradise QLD 4217 Australia This communication is from CBRE or one of its associated/subsidiary companies. This communication contains information which is confidential and may be privileged. If you are not the intended recipient, please contact the sender immediately. Any use of its contents is strictly prohibited and you must not copy, send or disclose it, or rely on its contents in any way whatsoever. CBRE collects, holds, uses and discloses personal information in accordance with our Privacy Policy which can be viewed here. Information herein has been obtained from sources believed reliable. While we do not doubt its accuracy, we have not verified it and make no guarantee, warranty or representation about it. It is your responsibility to independently confirm its accuracy and completeness. Any projections, opinions, assumptions or estimates used are for example only and do not represent the current or future performance of the market. Reasonable care has been taken to ensure that this communication (and any attachments or hyperlinks contained within it) is free from computer viruses. No responsibility is accepted by CBRE Pty Ltd or its associated/subsidiary companies and the recipient should carry out any appropriate virus checks.
Address: 50 Cavill Avenue, Level 18 Surfers Paradise QLD 4217 Australia
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