A significant 53.99 hectares of development land on Queensland’s Gold Coast has been put to market with development approval for reconfiguration into 46 management lots. The site is considered one of the last major industrial landholdings in the central Gold Coast area, one of the fastest growing economies in the country.
Located at Lot 1 Pacific Highway, Coomera, this vacant parcel of cleared land has a frontage in excess of 1.6km to the M1 Pacific Highway. The land is currently designated as Low Impact Industry and Mixed Use (Fringe Business Precinct), which can also be used as Industrial, subject to Council approval.
Central to both Brisbane and the Gold Coast, within easy driving distance to Gold Coast and Brisbane Airports, Brisbane CBD and Port of Brisbane, the site has excellent access to all major arterials including Gateway Arterial and Logan Motorway.
Coomera is fast becoming one of the Gold Coast’s major urban communities, set to provide for the future residential demands of South East Queensland over the next 25 – 35 years, with Coomera, itself, expected to have an ultimate population of approximately 65,000.
Callum Stenson, State Director – QLD, Industrial and Logistics at Savills Australia and New Zealand said, “The release of land at Lot 1 Pacific Highway is a significant one given the intended role it will play in shaping the future of the area.