The fully leased, multi-tenanted property at 350-352 Brisbane Road, Arundel has come to market for the first time in more than 25 years.
The 6,462sqm site, which generates a net holding income of $487,241 per annum plus GST, is anchored by national retail giant Harvey Norman and occupied by a diverse mix of long-established tenants, several of whom have been at the property for more than two decades.
The property is being marketed by Jackson Rameau of RWC Pacific Group and will be offered for sale via the Pacific Night Auction on Wednesday 15 July held at 7 Nesbit Street, Southport.
Mr Rameau said the offering represented a rare combination of secure income, strategic positioning and future development potential in one of South East Queensland's strongest growth markets.
"This is an incredibly rare opportunity to secure a substantial landholding in the heart of the Gold Coast Logistics Hub, a precinct that continues to experience strong demand from both investors and occupiers," he said.
"Properties of this scale with prominent Brisbane Road frontage rarely come to market, particularly those that are fully leased and generating strong income from a diversified tenant profile."
The property comprises 2,599sqm of lettable area across a range of improvements, including a front warehouse and office complex, a converted office and ancillary buildings, and a high-clearance warehouse facility at the rear leased to Harvey Norman.
Current tenants include Harvey Norman Furniture Warehouse, Ozzy Tyres, Novelty Vending Global, Commodore Repairs & Mechanical, Carquest and Gold Coast Pet Resorts.
Mr Rameau said the site's Low Impact Industry zoning and significant land component provided buyers with multiple avenues for future value creation.
"Beyond the immediate income stream, the real attraction is the future upside. The site offers the potential to expand the existing building footprint, reconfigure the current tenancy mix, or undertake a larger redevelopment project, subject to council approval," he said.
"Investors are increasingly targeting assets that provide both income security and long-term development potential, and this property delivers both in a highly sought-after location."
The property benefits from approximately 30 metres of frontage to Brisbane Road, one of the Gold Coast's busiest arterial routes, with exposure to more than 317,000 vehicles each week.
Its location within the established Gold Coast Logistics Hub places it alongside major national operators including Toll Group, Team Global Express, Australia Post, Dulux Trade Centre and Bunnings, while also providing convenient access to the M1 Motorway and key retail destinations such as Harbour Town and Westfield Helensvale.
Mr Rameau said the combination of scale, exposure and flexibility was expected to appeal to a broad range of buyers.
"We anticipate strong interest from private investors, syndicators, developers and owner-occupiers looking to secure a strategic foothold in one of the Gold Coast's most important commercial and industrial corridors," he said.
"Opportunities to acquire a land-rich, fully leased investment with this level of flexibility and future potential are becoming increasingly difficult to find."
