RWT Commercial - Currumbin Waters Suburb Profile December 2024

Page 1


Suburb Snapshot

Recent Sales Currumbin Waters

The commercial property market in Currumbin Waters is set for strong growth in 2025 With major infrastructure upgrades underway both locally and in surrounding areas, coupled with the region's diversifying economy, Currumbin Waters is becoming a key destination for business and investment

The industrial sector is particularly active with companies moving from city centres and local businesses expanding their operations to meet increasing demand This growth, along with a variety of commercial opportunities on offer, positions Currumbin Waters as an attractive and resilient option for investors looking to tap into a flourishing market

Currumbin Waters

White Tugun/Elanora but other agencies as well In preparing this document we have used our best endeavours to ensure the information contained herein is true and accurate, but we accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies, or misstatements that may occur

Recent Sales Activity

5/2 Villiers Drive

Currumbin Waters

Sale Price: $700,000 Area: 96m2

4/9 Villiers Drive

Currumbin Waters

Sale Price: $2,200,000

Area: 412m2

2/22 Traders Way Currumbin Waters

Sale Price: $902,000 Area: 174m2

4 Traders Way

Currumbin Waters

Sale Price: $3,300,000

Area: 1635m2

Market Outlook

Recently Leased Currumbin Waters

Area Analysis

The industrial sector will likely remain a cornerstone of the market, driven by strong demand for modern warehouses and logistical facilities. Retail and office spaces are also expected to see steady growth, particularly in locations offering high visibility and convenient access

Market Dynamics and Trends

As of December 2024, there are 2 commercial properties for sale in Currumbin Waters, with a significant portion being industrial units Leasing activity is robust, with 6 industrial properties currently available for lease

Infrastructure Developments

Several infrastructure projects are enhancing Currumbin Waters' appeal: M1 Pacific Motorway Upgrades: Ongoing improvements are improving connectivity to Brisbane and northern New South Wales, benefiting logistics and distribution businesses Gold Coast Airport Expansion: Enhancements at the nearby airport are increasing passenger and freight capacities, positively impacting local businesses and the demand for commercial properties

Recent Leasing Activity

9a/5-7 Villiers Drive, Currumbin Waters

Leased: 36,000 PA + GST Area: 116m2

3/5 Villiers Drive Currumbin Waters

Leased: $43,800 PA + GST Area: 154m2

2/2 Hawker Street Currumbin Waters

Leased: $38,000 PA + OUTS Area: 130m2

4/12 Hayter Street Currumbin Waters

Leased: $32,400 PA + GST Area: 92m2

Our Results That Matter

Chinderah

Leased: $38,400 p a + GST + OUTS

9/23 Enterprise Ave

Tweed Heads South

Leased: $72,000 p a + GST + OUTS

2/22 Traders Way 2/18 Ozone Strret

Currumbin Waters

Sale Price: $902,000

5/2 Villiers Drive

Currumbin Waters

Sale Price: $700,000

Team Background

At the helm of the Ray White Tugun Commercial department, James is dedicated to the Southern Gold Coast and Northern NSW commercial markets With a Bachelor of Sports Management and Business from Bond University, he draws on a strong foundation in customer service from his years in client services with the Gold Coast Suns This experience not only shaped his professional values but also inspired his transition into real estate, fueled by a desire to enhance client experiences after facing service challenges during his own property transactions

Jacob is dedicated to fostering strong relationships between the agency, property owners, and tenants His meticulous approach ensures that the properties under his care are well-maintained and compliant with regulatory standards, reflecting his commitment to excellence in every aspect of asset management Jacob graduated from Queensland University of Technology with a Bachelor of Property Economics, majoring in Urban and Regional Town Planning Before joining Ray White, he managed a diverse range of assets across South East Queensland for Global Asset Management Firm, JLL

Support Team

Kellie

Turn static files into dynamic content formats.

Create a flipbook
Issuu converts static files into: digital portfolios, online yearbooks, online catalogs, digital photo albums and more. Sign up and create your flipbook.