GOLD COAST COMMERCIAL: A MARKET ON THE RISE
As we step into February, the Gold Coast commercial property market continues to showcase its strength, resilience, and potential for growth With steady demand across key sectors, businesses and investors alike are finding new opportunities in a region that thrives on innovation, infrastructure, and economic expansion.
Retail and industrial properties remain standout performers, attracting strong investor interest and demonstrating solid leasing activity The retail sector is benefiting from a growing consumer base, bolstered by the Gold Coast’s population surge and a thriving tourism industry. Meanwhile, industrial spaces are in high demand, driven by the rise of e-commerce, logistics, and supply chain advancements
Beyond sector-specific performance, confidence in the Gold Coast commercial market is being reinforced by significant infrastructure projects and continued population growth From major transport upgrades to urban development initiatives, these factors are shaping the region into a dynamic hub for business and investment
Looking ahead, 2025 is shaping up to be an exciting year for commercial real estate on the Gold Coast Whether you’re a business owner seeking the perfect location, an investor exploring high-yield opportunities, or a developer looking to capitalise on a flourishing market, there has never been a better time to engage with the Gold Coast’s commercial landscape Stay tuned as we delve deeper into market trends, expert insights, and the latest opportunities in this thriving sector.
0431 307 129
james mulholland@raywhite com
Scan the QR Code to read Ray White Tugun’s EOFY Auction Report
VARSITY LAKES SNAPSHOT INSIGHTS
VARSITY LAKES RELEVANT SALES INSIGHTS
SHOPS/RETAIL
1/190 VARSITY PARADE
SALE PRICE: $1,000,000
$11,235/M2 89m2
SALE DATE: 15/01/25
3/175 VARSITY PARADE
SALE PRICE: $750,000
13/475 SCOTTSDALE DRIVE
SALE PRICE: $1,015,000
$3,787/M2 268m2
SALE DATE: 22/12/23
2/1 CROWN COURT
SALE PRICE: $2,102,000
$4,011/M2 524m2
SALE DATE: 15/11/23
6/155 VARSITY PARADE
SALE PRICE: $962,500
$6 290/M2 153m2
SALE DATE: 27/11/23
16 LAKE STREET
SALE PRICE: $2,450,000
$6,730/M2 364m2
SALE DATE: 10/05/24
SALE DATE: 04/07/24
$6,578/M2 114m2
6/478 SCOTTSDALE DRIVE
SALE PRICE: $2,000,000
$4,237/M2 472m2
SALE DATE: 28/01/2024
4/155 VARSITY PARADE
SALE PRICE: $1,730,000
$6,178/M2 280m2
SALE DATE: 01/07/24
2/7 FLINT COURT
SALE PRICE: $606,000
$5 050/M2 120m2
SALE DATE: 22/07/24
3/7 FLINT COURT
SALE PRICE: $710,000
$5,071/M2 140m2
SALE DATE: 22/07/24
VARSITY LAKES RELEVANT LEASES INSIGHTS
INDUSTRIAL
8/486 SCOTTSDALE DRIVE
$39,000 PA + GST
LEASE DATE: 01/10/2024 216m2
$180/M2
INDUSTRIAL
5/492 SCOTTSDALE DRIVE
$42,000 PA + GST
LEASE DATE: 18/09/24 195m2
$215/M2
INDUSTRIAL
6/475 SCOTTSDALE DRIVE
$23,940 PA + GST
LEASE DATE: 10/01/25 115m2
$208/M2
INDUSTRIAL
9/3 RINA COURT
$30,000 PA + GST
LEASE DATE: 09/07/24 120m2
$250/M2
INDUSTRIAL
4/478 SCOTTSDALE DRIVE
$48,000 PA + GST
LEASE DATE: 24/07/23 165m2
$290/M2
RWT COMMERCIAL CASE STUDIES INSIGHTS
IAL
9/5 VILLIERS DRIVE CURRUMBIN WATERS
269m2
MARKETING INVESTMENT: $8,000
SOLD FOR $780,000
I couldn’t be happier with the outstanding service provided by James and Jacob in the sale of my commercial property in Currumbin Waters From the very beginning, they took the time to understand my goals and developed a strategy that delivered a fantastic result Thank you both for an exceptional experience!
HOSPITALITY
812-820 PACIFIC PARADE CURRUMBIN
269m2
MARKETING INVESTMENT: $8,000
SOLD FOR $9,525,000
James and Jacob made selling my commercial property in Currumbin an absolute breeze They really knew their stuff, kept me in the loop the whole way, and made the process way less stressful than I expected Couldn’t be happier with the result huge thanks to both of them!
HOSPITALITY
4/19 VILLIERS DRIVE CURRUMBIN WATERS
269m2
MARKETING INVESTMENT: $8,000
SOLD FOR $700,000
Selling my commercial property with Ray White Tugun was a smooth and straightforward process. The team took care of everything, kept me well-informed, and got me a result I’m more than happy with Been around a long time, and I know good service when I see it these folks know what they’re doing
64
PROPERTIES SOLD
$83,135,200
TOTAL VALUE OF PROPERTY SOLD
1,100+
45 OUR CLOSEST COMPETITORS AVERAGE DAYS ON MARKET
52%
231 BIDDERS REGISTERED
$1,824,500 EARNT ABOVE RESERVES SET BY OUR SELLERS
25 RAY WHITE TUGUN AVERAGE DAYS ON MARKET
MEET THE COMMERCIAL TEAM INSIGHTS
JAMES MULHOLLAND
COMMERCIAL SALES & LEASING
Since moving to the Gold Coast to attend university 8 years ago, James has worked in the sports management landscape with a customer service and membership sales role at the Gold Coast Suns prior to pursuing a career in Real Estate. Having had an interest in the Real Estate industry for many years, James took the plunge with a career change after receiving what he felt was below average service from an agent when purchasing his first home
Since then, James has been working tirelessly to make his mark on the industry on the Southern Gold Coast James is results driven and has an unwavering enthusiasm for both people and property, known for always going above and beyond to exceed expectations and make your property management experience seamless
0431 307 129 james mulholland@raywhite com
JACOB WALLACE
COMMERCIAL ASSET MANAGER
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
Known for his strong communication and organisational skills, Jacob navigates the complexities of commercial real estate with a calm and professional demeanour, even under pressure
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 JLL
0401 208 979 - jacob wallace@raywhite com
AMELIE
TUP
