Colliers is pleased to present a rare opportunity to secure a substantial freehold holding within Bundall’s tightly held bulky goods and showroom precinct.
Superbly positioned in one of the Gold Coast’s most established commercial hubs, the property benefits from strong national tenant covenants, immediate leasing and value-add potential, and long-term redevelopment upside.
Comprising two adjoining freehold titles with a combined site area of 6,069m²*, this asset offers an attractive holding income and flexible zoning - appealing to investors, developers, and owner-occupiers alike.
Key Features:
- Prominent 6,069m²* landholding across two freehold titles
- Improvements totalling 2,325m²*
- Passing gross income of $492,895* per annum + GST
- WALE of 3.36 years* (by income) with national tenants including Amber Tiles and Bernie’s Petbarn
- 29 Upton Street offers imminent vacancy, providing immediate leasing or repositioning potential
- Outstanding exposure with over 60 metres of frontage to Upton Street in Bundall’s premier showroom corridor
- Centrally located minutes from Pacific Fair, HOTA, and Surfers Paradise
For Sale via Expressions of Interest closing Wednesday, 12 November at 4:00pm (AEST).
For further information, please contact the exclusive agents Marlon Crawford or Steven King of Colliers.
*All figures are approximate only.
~Due diligence room available upon request
Remember to mention you found this property on DevelopmentReady
Colliers is pleased to present a rare opportunity to secure a substantial freehold holding within Bundall’s tightly held bulky goods and showroom precinct.
Superbly positioned in one of the Gold Coast’s most established commercial hubs, the property benefits from strong national tenant covenants, immediate leasing and value-add potential, and long-term redevelopment upside.
Comprising two adjoining freehold titles with a combined site area of 6,069m²*, this asset offers an attractive holding income and flexible zoning - appealing to investors, developers, and owner-occupiers alike.
Key Features:
- Prominent 6,069m²* landholding across two freehold titles
- Improvements totalling 2,325m²*
- Passing gross income of $492,895* per annum + GST
- WALE of 3.36 years* (by income) with national tenants including Amber Tiles and Bernie’s Petbarn
- 29 Upton Street offers imminent vacancy, providing immediate leasing or repositioning potential
- Outstanding exposure with over 60 metres of frontage to Upton Street in Bundall’s premier showroom corridor
- Centrally located minutes from Pacific Fair, HOTA, and Surfers Paradise
For Sale via Expressions of Interest closing Wednesday, 12 November at 4:00pm (AEST).
For further information, please contact the exclusive agents Marlon Crawford or Steven King of Colliers.
*All figures are approximate only.
~Due diligence room available upon request
Remember to mention you found this property on DevelopmentReady
Developments and amenities within a 5km radius of the asset.