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

457 Golden Four Drive
Tugun QLD 4224

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Floor area: 280m2
Land area: 450m2
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Property Details for 457 Golden Four Dr, Tugun

Building Type
Commercial
Floor Size
280m2
Land Size
450m2
Local Government
Gold Coast City
Lot/Plan
6/RP74501

Last Listing description (February 2022)

Ray White Commercial Qld are pleased to present to the market Chempro Tugun at 457 Golden Four Drive Tugun, for Sale via Auction to be held at 10.45am Thursday 17th February 2022 (AEST) on level 26, 111 Eagle Street, Brisbane Qld.

457 Golden Four Drive, Tugun, presents an opportunity to acquire a tightly held, long-leased medical investment with underlying development potential.

Located in Australia's premier tourist destination, and only 3km* from the Gold Coast airport, Chempro Tugun forms a central part of the local Tugun retail offering. This property comes with 2 years remaining on the lease to the anchor tenant Chempro Chemist, with additional 2x5 year options, allowing the incoming purchaser to capitalise on upside well into the future.

The property is further complemented with a compound pharmacy leasing the existing upstairs tenancy, offering two tenants in the highly sought-after medical industry. With flexible Centre zoning, the stage 4 light-rail announced at this Chempro's doorstep, and the SEQ Olympics confirmed, this property offers long term investment security with an abundance of future upside.

$153, 006 + GST pa Net Income.

This auction campaign will be held at 10.45am Thursday 17th February 2022 (AEST) on level 26, 111 Eagle Street, Brisbane Qld.

Property History for 457 Golden Four Dr, Tugun, QLD 4224

A timeline of how this property has performed in the market
Last Sold
$3,056,000
17 Feb 2022
  • 17 Feb 2022
    Sold for $3,056,000
  • 24 Jan 2022
    Listed for Sale Auction
  • 25 Oct 2004
    Sold for $980,000
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About Tugun 4224

The size of Tugun is approximately 3.0 square kilometres. It has 15 parks covering nearly 20.5% of 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 3,854 properties. Over the last 5 years, Houses in Tugun have seen a 95.63% increase in median value, while Units have seen a 113.31% increase. As at 31 January 2026:

  • The median value for Houses in Tugun is $1,614,674 while the median value for Units is $1,220,508.
  • Houses have a median rent of $955 while Units have a median rent of $760.
There are currently 23 properties listed for sale, and 8 properties listed for rent in Tugun on OnTheHouse. According to Cotality's data, 168 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.