MURWILLUMBAH COMMERCIAL: A MARKET ON THE RISE
As we move through the second half of 2025, the South Murwillumbah commercial property market continues to exhibit strength, adaptability, and long-term growth potential. Investor confidence remains high across key sectors, supported by targeted infrastructure investment, regional migration, and the area’s strong economic fundamentals
The industrial sector remains in high demand, driven by the growth of local manufacturing, logistics, and service-based industries. With limited available stock and proximity to both the Northern Rivers and Southeast Queensland markets, South Murwillumbah is attracting attention from businesses seeking strategic, cost-effective alternatives to metropolitan locations.
Retail is also seeing renewed momentum, underpinned by a growing local population, increasing tourism throughout the Tweed region, and strong support for independent and lifestyle-based retail offerings. This is translating into steady leasing activity and encouraging conditions for both tenants and investors
More broadly, the commercial market is being supported by significant infrastructure upgrades particularly in transport, flood resilience, and town centre revitalisation These projects are enhancing connectivity and resilience, positioning South Murwillumbah as a vibrant and future-focused hub for regional business and investment
James Mulholland
james mulholland@raywhite com
0431 307 129
Jacob Wallace jacob wallace@raywhite com 0401 208 979
SOUTH MURWILLUMBAH
21-23 KITE CRESCENT
SALE PRICE: $1,700,000
$793M2 2144m2
SALE DATE: 21/03/2025
10 QUARRY ROAD
SALE PRICE: $14,500,000
2-6 HONEYEATER CIRCUIT
SALE DATE: 24/5/2024
SALE PRICE: $3,080,000 $553/M2 5569m2
2/162 LUNDBERG DRIVE
SALE PRICE: $847,000
$218/M2 66,500M2
SALE DATE: 19/12/2024
6/9 KITE CRESCENT
SALE PRICE: $690,000
$3,340/M2 203m2
SALE DATE: 10/07/2024
14/7 THORNBILL DRIVE
SALE PRICE: $528,000
$3,799/M2 139m2
SALE DATE: 26/04/2024
15/9 KITE CRESCENT
SALE PRICE: $600,000
$3,226/M2 186m2
SALE DATE: 31/10/2024
SALE DATE: 28/03/2025
$3,604/M2 235m2
3/195-197 LUNDBERG DRIVE
SALE PRICE: $797,500 $4,132/M2 193m2
SALE DATE: 08/03/2024
5/173 LUNDBERG DRIVE
SALE PRICE: $715,000 $2,509/M2 285m2
SALE DATE: 10/02/2025
26-32 HONEYEATER CIRCUIT
SALE PRICE: $3,982,000 $393/M2 10,140m2
SALE DATE: 02/12/2024
SOUTH MURWILLUMBAH RELEVANT LEASES INSIGHTS
2/162 LUNDBERG DRIVE
$47,000 PA + GST NET
2
LEASE DATE: 01/06/2025
6/5-7 LUNDBERG DRIVE
$24,000 PA + GST NET
LEASE DATE: 15/01/2025 158m2
$152/M2
5/289-291 TWEED VALLEY WAY
$17,280 PA + GST NET
LEASE DATE: 01/03/2025
9/141 LUNDBERG DRIVE
$31,720 PA + GST NET
DATE: 30/08/2024
$220/M2
14/7 THORNBILL DRIVE $195/M2
$22,000 PA + GST NET LEASE DATE: 29/01/2024 113m2 $144/M2 120m2
8/7-9 THORNBILL DRIVE
$24,000 PA + GST NET
DATE: 29/01/2024
$202/M2
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 SALES & LEASING
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
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
