457 Golden Four DriveTugun QLD 4224
Property Details for 457 Golden Four Dr, Tugun
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
- 19 May 2026Sold for $3,340,000
- 17 Feb 2022Sold for $3,056,000
- 24 Jan 2022Listed for Sale Auction
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0About 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 3,881 properties. Over the last 5 years, Houses in Tugun have seen a 68.55% increase in median value, while Units have seen a 89.12% increase. As at 30 June 2026:
- The median value for Houses in Tugun is $1,704,806 while the median value for Units is $1,281,250.
- Houses have a median rent of $1,150 while Units have a median rent of $880.
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