GOLD COAST COMMERCIAL: A MARKET ON THE RISE
As we move through the second half of 2025, the Gold Coast commercial property market continues to demonstrate strength, adaptability, and enduring growth potential Investor confidence remains high across key sectors, supported by sustained population growth, infrastructure upgrades, and the region’s strong economic fundamentals
Retail and industrial properties continue to lead the way. Retail is seeing robust leasing activity, underpinned by a resilient consumer market and steady tourism numbers, particularly during the winter peak. The Gold Coast’s expanding population and visitor appeal are driving foot traffic and retail spending, creating new opportunities for both tenants and investors
On the industrial front, demand remains elevated due to ongoing growth in e-commerce, logistics, and warehousing requirements. With limited supply and strategic positioning between Brisbane and the southern border, industrial assets are achieving competitive yields and low vacancy rates
More broadly, the commercial market is being buoyed by transformational infrastructure projects, including transport corridor expansions, precinct revitalisations, and urban density planning. These initiatives are reshaping business districts and positioning the Gold Coast as a compelling destination for long-term investment
James Mulholland
james mulholland@raywhite com
0431 307 129
Jacob Wallace jacob wallace@raywhite com
0401 208 979
VARSITY LAKES RELEVANT SALES INSIGHTS
1/190 VARSIT
SALE PRICE: $
$11,235/M2 89m2
SALE DATE: 1
1304/1 LAKE ORR DRIVE
SALE PRICE: $1,000,000
3/486 SCOTTSDALE DRIVE
SALE PRICE: $765,000
$5,350/M2 143m2
SALE DATE: 22/08/2025
2/1 CROWN COURT
SALE PRICE: $2,102,000
$4,011/M2 524m2
SALE DATE: 15/11/2023
6/155 VARSITY PARADE
SALE PRICE: $962,500
$6,290/M2 153m2
SALE DATE: 27/11/2023
16 LAKE STREET
SALE PRICE: $2,450,000
$6,730/M2 364m2
$5,525/M2 181m2
SALE DATE: 25/06/2025
2/240 VARSITY PARADE
SALE PRICE: $1,000,000
$9,615/M2 104m2
SALE DATE: 15/10/2024
4/155 VARSITY PARADE
SALE PRICE: $1,730,000
$6,178/M2 280m2
SALE DATE: 01/07/2024
21/47 WATTS DRIVE
SALE PRICE: $3,650,000
SALE DATE: 10/05/2024
$6,359/M2 574m2
SALE DATE: 17/11/2023
10 RINA COURT
SALE PRICE: $2,400,000
$1,541/M2 1557m 2
SALE DATE: 03/03/2025
VARSITY LAKES RELEVANT LEASES INSIGHTS
149 VARSITY PARADE
LEASE DATE: 01/03/2025
$550/M2
1/53 CASUA DRIVE
$70,800 PA + GST NET LEASE DATE: 30/05/2025
$177/M2
4/475 SCOTTSDALE DRIVE
$43,200 PA + GST NET
LEASE DATE: 18/02/2025 174m2
$249/M2
$34,100 PA + GST NET INDUSTRIAL
2/1 CROWN STREET
$125,000 PA + GST NET
LEASE DATE: 29/10/2024
5/3 RINA COURT
$35,828 PA + GST NET LEASE DATE: 03/06/2024 120m2
$299/M2
2/2 JOHN DUNCAN COURT
$120,000 PA + GST NET LEASE DATE: 01/04/2025 450m2
$267/M2
RWT COMMERCIAL CASE STUDIES INSIGHTS
USTRIAL
SCOTTSDALE DRIVE ITY LAKES
3m2
ETING INVESTMENT: $815
FOR $765,000
n’t be happier with the outstanding service provided by James cob in the sale of my commercial property in Varsity Lakes he very beginning, they took the time to understand my goals veloped a strategy that delivered a fantastic result Thank you or an exceptional experience!
HOSPITALITY
812-820 PACIFIC PARADE CURRUMBIN
1,216m2
MARKETING INVESTMENT: $8,000
SOLD FOR $9,525,000
James and Jacob, and John 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: $32000
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
$83,135,200
TOTAL
45
1,100+
$1,824,500
25
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
