Case Studies

1, 2 Gateway Court, Coomera, Qld

The property is located in with in a complex of 10 units ranging in floor size from 110m2 to 175m2.

It is positioned in central Coomera, only a couple of minutes from the Marina district, the M1 Motorway and Dreamworld. The property offers a total approved area of 175m2* and is comprised of 139m2* floor area and 36m2* mezzanine area.

Dual access is via Gateway and Hansen Courts with street corner exposure on Gateway Court and Ford Road.

The ground floor warehouse area measures 63m2* with the balance area broken into reception area, open plan offices, amenities (including toilet, shower and kitchenette) and 2 offices.

Additional mezzanine office (non council approved) has been added to the property with 6 offices with additional amenities (including toilet, shower and kitchenette). All offices are tiled or carpet with air conditioning and data cables.

The total area is 215m2*.
The complex has a total of 35 car parks on site with each unit allocated parking as per the Community Management Scheme. On-site visitor parking is also well catered for. One truck loading bay is available. Unlimited street parking is also available.

Coomera is a fast growing community at the northern end of the Gold Coast and is one of the city’s strongest growth areas.

Upper Coomera has a mix of residential land development as well as industrial and commercial development sites. Coomera has been earmarked by local and state government as a new satellite growth region of the city.

Coomera City Centre is the new development at the corner of Days and Old Coach Road, both major Upper Coomera traffic routes. The shopping centre has a Coles, bakery, hairdresser, travel agent, coffee shop and pool shop just to mention a few and is only minutes away from Northward Street.

The growing needs of this area have prompted calls for a Coomera Town Centre which will be built around the existing train station. The Coomera Centre would feature 100,000sqm of shops and office buildings and residential accommodation, including medium-rise apartment towers providing residents with views from Stradbroke Island to Surfers Paradise.

Central to Brisbane and the Gold Coast, Coomera is increasingly popular among dual city employed couples and families.

With close proximity to the M1 motorway and train station, makes this location an ideal location for any investment or complex to have your business The Gold Coast Marine Precinct (GCMP) is the major marine industry industrial area within Gold Coast City dedicated to manufacture, servicing/repairs and refits of recreational boats.

Encompassing an area of approximately 250 hectares (taking in planning Stages One and Two) the Precinct is located on the Coomera River, approximately 15 kms from Surfers Paradise with direct water access to Moreton Bay and the Pacific Ocean.

The Pacific Motorway (M1) is only one kilometre west of the precinct and provides access to the Brisbane CBD and Airport within 40 minutes drive time.

The Brisbane Gold Coast Rail Line passes through the precinct with the Coomera Rail station just 600 metres from the precinct northern boundary.

To date, approximately 60 hectares of Stage One of the project has been developed with marine industry uses.

Sales Analysis*
VendorClout & Associates on behalf of Mainz Developments Pty Ltd (In Liquidation)
Marketing Budget$3,849.00
Sale MethodPublic Auction
Marketing Period7 September to 8 October 2015
Total Inspections11
Sale Price$322,000 + GST
Sale Date8 October 2015
Marketing· 1x 6×4 signboard

· Professional photography

· 3x 1/8 page ads in Gold Coast Bulletin

· Enhanced listing on realcommercial.com.au

· Electronic mailouts utilising Ray White Corporate, Ray White Surfers Paradise and the agents database

· 4x open inspections

Total Enquiry26
Sales Process
ProcessPublic Auction
Marketing Time Frame4 weeks
Sale Price$322,000 + GST
Amount Above Reserve$32,000
Bids Received5 bidders
Auction Attendance5 bidders

*approximately.

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