5 Tonga Place, Parkwood, QLD 4214 | Property Value & History | OnTheHouse
OFF MARKET

5 Tonga Place
Parkwood QLD 4214

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 2144m2
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Property Details for 5 Tonga Pl, Parkwood

Building Type
Commercial
Land Size
2144m2
Local Government
Gold Coast City
Lot/Plan
51/RP907360

Last Listing description (November 2019)

A rare opportunity to buy or lease an existing freehold child care centre in the heart of the Gold Coast. The enviable location opposite the Gold Coast University Hospital and nestled between the large residential precincts of Southport, Parkwood, Ashmore and Arundel will ensure a strong catchment for future operators or owners.

Features include:

* Capacity - 75* places
* Kitchen areas, servicing most classrooms
* Office and reception area
* Numerous toilet and bathroom areas for adults and children
* Fully enclosed and surfaced yard area complete with play equipment
* Freehold land Parcel of 2144m2*
* Walking distance to the light rail

The large rectangular land parcel, with a dual street frontage (to Olsen Avenue and Tonga Place) also lends itself to a range of redevelopment opportunities with Mixed Use zoning.
Neighbouring properties include commercial, medical and residential uses.
The current lease agreement expires 30th June 2018 with availably from July.
A wonderful opportunity to renovate or repurpose the existing building or to completely redevelop the site.

Contact exclusive marketing agents Adam Young or James Young today.

*Approx

Disclaimer:
Ray White has not independently checked any of the information we merely pass on. We make no comment on and give no warranty as to the accuracy of the information contained in this document which does not constitute all or any part of any offer or contract by the recipient. Prospective purchasers / lessees must rely on their own enquiries and should satisfy themselves as to the truth or accuracy of all information given by their own inspections, searches, inquiries, advices or as is otherwise necessary. No duty of care is assumed by Orchid Avenue Realty trading as Ray White Surfers Paradise Commercial divisions toward the recipient with regard to the use of this information and all information given is given without responsibility.

Property History for 5 Tonga Pl, Parkwood, QLD 4214

A timeline of how this property has performed in the market
Last Sold
$2,420,000
20 Jul 2018
  • 24 Jul 2018
    Listed for Sale Sale or Lease Closing 18th July 2018
  • 20 Jul 2018
    Sold for $2,420,000
  • 08 Jun 2018
    Listed for Rent - Price not available
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About Parkwood 4214

The size of Parkwood is approximately 5.6 square kilometres. There are 7 parks, covering nearly 20.3% of the total area. The population of Parkwood in 2016 was 8702 people. By 2021 the population was 8837 showing a population growth of 1.6% in the area during that time. The predominant age group in Parkwood is 20-29 years. Households in Parkwood are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Parkwood work in a professional occupation.In 2021, 68.60% of the homes in Parkwood were owner-occupied compared with 66.90% in 2016.

Parkwood has 3,112 properties. Over the last 5 years, Houses in Parkwood have seen a 89.75% increase in median value, while Units have seen a 83.34% increase. As at 30 April 2026:

  • The median value for Houses in Parkwood is $1,408,585 while the median value for Units is $745,228.
  • Houses have a median rent of $920 while Units have a median rent of $730.
There are currently 21 properties listed for sale, and 6 properties listed for rent in Parkwood on OnTheHouse. According to Cotality's data, 105 properties were sold in the past 12 months in Parkwood.

Suburb Insights for Parkwood 4214

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Cotality Copyright and Legal Disclaimers about Property Data
Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.