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M1 Land Parcel Sells For $4m

A Gold Coast investor has purchased and settled an industrial land parcel in Arundel for $4.02 million. The 7,523sqm corner lot is fully serviced and sold on a rate of $535/sqm + GST.

James Crawford and Daniel Coburn of Colliers International marketed the property in late 2019 via an Expression of Interest campaign on behalf of the local owner Greenery Developments.

“The sales campaign delivered 47 buyer enquiries, 4 written offers and demonstrates the demand for industrial assets in the central and southern Gold Coast markets.” said Mr Crawford.

“The buyer was attracted to the zoning, proximity to Westfield Helensvale, motorway access and exposure to more than 150,000 vehicles passing on the M1 daily” said Mr Coburn

Located at Lot 32, 2-4 Newheath Drive, Arundel the property is level, features more than 160m of street frontage and is situated directly across from Frizelle Sunshine Automotive’s Isuzu and Volkswagen Commercial Dealership.

Mr Crawford and Mr Coburn also confirmed they are appointed to sell the adjoining 10,320sqm land parcel (Lot 31) on behalf of Greenery Developments via Expressions of Interest.

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James Crawford

Director, Metro Sales | Investment Services

Gold Coast

I sell real estate across various asset classes including: office, childcare, industrial, medical, retail, service stations, self-storage, residential apartment blocks, national tenanted investments and development sites.

At Colliers, our clients include government agencies, listed companies, banks, funds, receivers, non-for profits, syndicates and private investors.

In recent years our Gold Coast office has been recognised as 'The Queensland Commercial Agency of The Year', a prestigious award from the Real Estate Institute of Queensland.

With a bachelor of Environmental Engineering from the University of Queensland, I maintain a keen interest in innovations that benefit the wastewater, agriculture, aquaculture and bioprocessing industries.

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Daniel Coburn

Director | Industrial

Gold Coast

As the leader of the industrial division of Colliers on the Gold Coast, Daniel is committed delivering first class service and results for our valued clients.

Daniel's industrial property career started in 2006, and during this time he has worked with a wide-range of clientele, including national/global corporations, private and institutional developers, receivers and managers, local and state government departments, high net-worth investors, REITs and property syndicates, as well as local business.

Perseverance, consistency and efficiency are values Daniel adds to each transaction, accelerating his clients’ success.

Industrial Real Estate Experience

2019-Present: Director
2019: Associate Director
2016-2018: Manager
2015: Senior Executive
2012-2014: Executive
2006-2011: Sales & Leasing Consultant

Track Record

Daniel has negotiated over $275 million in sales and more than $15,000,000 p.a. in leasing of various industrial assets for his clients, including englobo land,  land estates, freehold buildings, business parks and strata-titled unit developments.

Below are some recent notable transactions Daniel has facilitated:

Sales

- 6 Ron Parkenson Crescent, Corbould Park - $20,600,000
- 396 Stanmore Road, Yatala - $12,800,000
- Exit 54 Business Park, Coomera (project) - $11,000,000
- 58 Blanck Street, Ormeau - $8,000,000
- 18-26 Lahr's Road, Ormeau - $8,000,000
- 19-21 Christensen Road, Stapylton - $6,350,000
- 47 Business Street, Yatala - $6,100,000
- Lot 10 Pacific Highway, Coomera - $6,000,000
- 9 McPhail Road, Coomera - $6,000,000
- 14 Logistics Place, Arundel (project) - $5,815,000
- 10 Emeri Street, Stapylton - $4,850,000
- 50-52 Link Drive, Yatala - $4,200,000
- Lot 32 Newheath Drive, Arundel - $4,025,000
- City Caves Southport (project) - $3,725,400
- 44-50 Newheath Drive, Arundel - $3,761,600
- 60-64 Pearson Road, Yatala - $3,550,000
- 11-13 Barnett Place, Molendinar - $3,500,000
- 10 Strathaird Road, Bundall (project) - $3,445,000
- 214-224 Lahr's Road, Ormeau - $2,950,000

Leases

- Millaroo Drive, Helensvale - 88,950m²
- Enterprise Industrial Park, Molendinar - 18,000m²
- 33 Hinkler Drive, Highland Park - 5,950m²
- 32 Demand Avenue, Arundel - 5,202m²
- 9-13 Dixon Street, Yatala - 4,205m²
- 25 Dixon Street, Yatala - 2,870m²

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