429 Golden Four Drive, Tugun, QLD 4224 | Property Value & History | OnTheHouse
OFF MARKET

429 Golden Four Drive
Tugun QLD 4224

Bedrooms: 3
Bathrooms: 2
Car spaces: 1
Floor area: 3m2
Land area: 433m2
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Property Details for 429 Golden Four Dr, Tugun

Building Type
Commercial
Floor Size
3m2
Land Size
433m2
Local Government
Gold Coast City
Lot/Plan
14/C33122

Last Listing description (March 2017)

The site is positioned beach side Tugun with huge pacific highway exposure in close proximity to the airport and 100 metres and you are walking on pristine beach within a tightly help pocket of beach side properties.
There are several off street public car parking directly opposite this property which bodes well for the commercial shops. This property currently has a gross income of $56,000.000. The building(s) comprise of 2
commercial shops and an adjoining three bedroom residential dwelling. The total land area of the property is 433m2. The construction is masonry brick with metal roof.

The site allows for future development with the Gold Coast City Council and has the unique feature of potential dual access with that in mind.
You will be hard pressed to find much in the way of recent sales in this little beach side pocket that is within reach of most small to medium investors.
The tenancy mix is as follows :-
Shop 1 Barber Shop
Shop 2 Unisex Salon
House - Residential tenant
This well positioned site has the ability to offer a steady income stream with good tenancy mix with the added prospect of future redevelopment. With new apartments being built and sold in record speed there is an undeniable proof that beach side properties with good income are becoming more rare than ever before.
Please contact Costa Bousgas anytime for an information memorandum on 0412576566

Property History for 429 Golden Four Dr, Tugun, QLD 4224

A timeline of how this property has performed in the market
Last Sold
$915,000
28 Jul 2016
  • 28 Jul 2016
    Sold for $915,000
  • 13 Jul 2016
    Listed for Sale Auction
  • 22 Feb 2000
    Sold for $400,000
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About Tugun 4224

The size of Tugun is approximately 3.0 square kilometres. There are 15 parks, covering nearly 20.5% of the total area. The population of Tugun in 2016 was 6588 people. By 2021 the population was 7175 showing a population growth of 8.9% in the area during that time. The predominant age group in Tugun is 30-39 years. Households in Tugun are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Tugun work in a professional occupation.In 2021, 67.60% of the homes in Tugun were owner-occupied compared with 62.50% in 2016.

Tugun has 3,878 properties. Over the last 5 years, Houses in Tugun have seen a 61.35% increase in median value, while Units have seen a 83.66% increase. As at 31 July 2026:

  • The median value for Houses in Tugun is $1,711,230 while the median value for Units is $1,280,854.
  • Houses have a median rent of $1,150 while Units have a median rent of $880.
There are currently 29 properties listed for sale, and 9 properties listed for rent in Tugun on OnTheHouse. According to Cotality's data, 170 properties were sold in the past 12 months in Tugun.

Suburb Insights for Tugun 4224

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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.