The 4047sqm site at 49-53 Ourimbah Road, was originally home to the local PFD cold storage operations.
It was recently acquired by developers for $5.3 million, following a highly competitive campaign that fielded five separate offers.
‘The Seaway South’ is being brought to market by RWC Pacific Group’s director Jackson Rameau and agent Ben Washington.
The complex offers a limited collection of 21 modern warehouse and business units, arriving at a time of an acute shortage of quality industrial space across the southern Gold Coast and northern New South Wales commercial corridors.
Post-launch activity has yielded strong results, with six units already placed under offer in the first three weeks on market.
The early transactions have established market-leading pricing for the precinct, with majority of units commanding up to $10,700 per sqm of building area.
“The local market is so tightly held, small business owners and regional trade operators have had very few opportunities to secure upgraded proper warehousing facilities or establish a permanent base of operations in this specific pocket to service both North and South,” Mr. Rameau said.
The development is ideally positioned adjacent to the Pacific Motorway and sits within minutes of Kirra, Rainbow Beach and the Gold Coast Airport.
Local planners and commercial analysts have increasingly identified the airport precinct as a key logistics and employment hub, driving economic growth across the Tweed Shire.
“This corridor is evolving rapidly, moving beyond just aviation, surf industry and tourism into a major logistics hub,” Mr. Washington said.
“The development provides relief to service industries and small businesses that are currently being priced out or squeezed out of larger industrial hubs nearby.”
Constructed by award-winning firm, Clarke’s Design & Construct, the complex features a dual driveway configuration designed to manage vehicle circulation and freight handling, 27 on-site parking spaces, multiple courtyards, increased window frequency and high clearance underneath mezzanines.
Individual units range in size from 52 to 206 sqm to accommodate volumetric driven warehouse operations, commercial headquarters, industrial business’ and storage users.
Individual spaces are now available via price list sale from $500,000.
