87-89 Upton Street,
Bundall, QLD 4217
Offices
Key property information
Land area
Floor area
Car spaces
Property extent
Zoning
Tenure type
Sold on
Map of 87-89 Upton Street
Freehold commercial building. Owner-occupier & or savvy investor.
- Income generating
- Chance to occupy 1 floor or add income
- Substantial upside
Legacy Property Australia, as exclusive agents are pleased to offer for sale, a freehold commercial building, with significant opportunity whether you're an owner-occupier or a savvy investor.
A unique standalone office building on a 1,113m2 block with 972m2 of net lettable area across 3 floors.
Located in the heart of the Gold Coast - a region currently experiencing a low vacancy, low supply market - this property offers strong fundamentals, upside potential, and multiple strategic outcomes.
For the owner occupier an entire floor of 324m2 is available for immediate use, perfect for establishing your business presence right away.
The two additional floors are currently leased, providing passive income while you plan your future expansion. One lease includes a renewal option, while the other does not, presenting a short term growth opportunity, and in the medium to long term, the potential to occupy the whole building.
For investors, the proposition is equally compelling. Both leased floors offer immediate income, and importantly, both are currently under-rented. With lease expiries in around 12 months, there’s a clear pathway to reposition and re lease at current increased market rates.
Key Features include:
• 1,113m² of prime commercial land
• 972m² of net lettable area across 3 floors.
Level 1 - 324m2 - expiry 31.08.26.
Level 2 – 324m2 – vacant – fitout in place
Level 3 – 324m2 - expiry 31.07.26 with 3 yr option.
*$222,284.06 pa net - Passing income ($331/m² net + $1,200pa x 6 car parks)
*$336,132 pa net - Fully leased projected income (based on current passing lease rates- $331/m² net + parking).
*$432,576 pa net – Estimated upside with market rental revision within 12 months* ($408/m² net + parking)
*$50/m² - Outgoings approx. (17% are recoverable.)
• Good office fitouts on all 3 levels.
• 20 on site car parks.
• Rooftop communal breakout space including bathrooms & shower
• Each floor has own amenities.
• Great central CBD location.
• GCCC Zoning – Innovation. Allowing many uses.
Click on the external web link for access to the Due Diligence information.
For sale via Expressions of Interest closing Thursday 4th of September 2025 at 4pm (AEST)
A unique standalone office building on a 1,113m2 block with 972m2 of net lettable area across 3 floors.
Located in the heart of the Gold Coast - a region currently experiencing a low vacancy, low supply market - this property offers strong fundamentals, upside potential, and multiple strategic outcomes.
For the owner occupier an entire floor of 324m2 is available for immediate use, perfect for establishing your business presence right away.
The two additional floors are currently leased, providing passive income while you plan your future expansion. One lease includes a renewal option, while the other does not, presenting a short term growth opportunity, and in the medium to long term, the potential to occupy the whole building.
For investors, the proposition is equally compelling. Both leased floors offer immediate income, and importantly, both are currently under-rented. With lease expiries in around 12 months, there’s a clear pathway to reposition and re lease at current increased market rates.
Key Features include:
• 1,113m² of prime commercial land
• 972m² of net lettable area across 3 floors.
Level 1 - 324m2 - expiry 31.08.26.
Level 2 – 324m2 – vacant – fitout in place
Level 3 – 324m2 - expiry 31.07.26 with 3 yr option.
*$222,284.06 pa net - Passing income ($331/m² net + $1,200pa x 6 car parks)
*$336,132 pa net - Fully leased projected income (based on current passing lease rates- $331/m² net + parking).
*$432,576 pa net – Estimated upside with market rental revision within 12 months* ($408/m² net + parking)
*$50/m² - Outgoings approx. (17% are recoverable.)
• Good office fitouts on all 3 levels.
• 20 on site car parks.
• Rooftop communal breakout space including bathrooms & shower
• Each floor has own amenities.
• Great central CBD location.
• GCCC Zoning – Innovation. Allowing many uses.
Click on the external web link for access to the Due Diligence information.
For sale via Expressions of Interest closing Thursday 4th of September 2025 at 4pm (AEST)
Explore property virtually
Video
Additional information
External websites
Bundall, 4217 demographic data
The median household income for Bundall is $1,957, 30% higher than Regional Queensland's household income of $1,507. Bundall has a similar age profile compared to the rest of Regional Queensland (median age 41). Property ownership data shows 51% of property owners in Bundall have a mortgage.
4,895
Population
$1,957 per week
Median household income
41 years
Median age
Owners
Most residents
Families
Most households
Sevenfold Commercial & Advisory Pty Ltd
Level 19, 50 Cavill AvenueSURFERS PARADISE, QLD 4217
04234144...
87-89 Upton Street
Bundall, QLD 4217
Sevenfold Commercial & Advisory Pty LtdLevel 19, 50 Cavill Avenue
SURFERS PARADISE, QLD 4217
SURFERS PARADISE, QLD 4217
