RWC Pacific Group director Jackson Rameau negotiated the transaction in early 2026, with the 6072sqm site selling for $13,600,000.
Located at 4-6 Strathaird Road and 85-87 Ashmore Road, Bundall, the site has remained with one family for more than 50 years.
The rare offering attracted fierce competition, generating more than 229 local and national enquiries before selling to prominent Brisbane developer, Boldstone.
The property so hotly contested, it generated 33-offers across the four-parcels for sale together or separately.
The rectangular, dual-street is set for major redevelopment, with plans to transition from traditional bulky-goods retail into a multi-level, mixed use hub.The proposed precinct will feature commercial, medical and lifestyle uses, with 360 views of the Gold Coast.
Mr Rameau said that the high volume of interest highlighted the rarity of a landholding this size in the current market.
"Generating 229 enquiries & 33-offers many unconditional and on-contract for an asset of this scale is a significant result," Mr Rameau said.
"This project represents a major evolution for Bundall, Sorrento, Isle of Capri and surrounds, shifting the area from traditional large format retail toward a modern lifestyle and business precinct."
The development will be the first of its scale in the area, drawing design inspiration from notable precincts such as The Oxley in Mermaid Beach and the Ferry Road Brickworks in Southport.
While the site currently generates steady holding income from multiple strong tenancies, its long term use will focus on a market leading commercial and retail trade.
"The future of this location is as a mixed-use & highly complimenting destination," Mr Rameau said.
"It is going to significantly reshape the central Gold Coast commercial landscape and will be taking names for anyone that may have interest to potentially purchase or lease a lot in this development"
Boldstone Founder and CFO Bianca Durack said the acquisition reflected the company's strategy of investing selectively across Queensland.
"Bundall marks an important step in continuing to diversify the Boldstone portfolio beyond residential with strategic commercial and mixed-use," Ms Durack said.
"We back locations that are genuinely irreplaceable, and a dual-street landholding of this scale in central Bundall is exactly that."
"We have ambitious plans to keep scaling through smart, disciplined investment, and our goal is a vibrant precinct that supports local businesses and serves a growing city for years to come,” she said.
