What Are the Best Suburbs to Invest in on the Gold Coast for Commercial Property Investors?
Mish Daniel
Founder & Director: Revolve Commercial Realty | Top Leading Buyers Agent | Commercial Real Estate Specialist | Commercial Rental Specialist | Strategic Commercial Property Acquisition
The allure of the Gold Coast extends far beyond its stunning beaches and vibrant lifestyle. For savvy commercial property investors, this Australian paradise offers a wealth of opportunities in its diverse suburbs, which are full of untapped potential gained from a diverse economy.
Today, we’ll be exploring the best suburbs to invest in on the Gold Coast, looking at what each has to offer, and explaining exactly why each suburb is a good choice for anyone looking for a commercial investment property.
What Suburbs Are Primed for Growth on the Gold Coast in 2024?
Nerang
Nestled in the heart of the Gold Coast, Nerang offers a strategic location at the intersection of major roadways, meaning that it facilitates excellent accessibility and connectivity. This makes it an extremely appealing location for businesses looking to establish themselves in a central hub, making commercial properties on the rental market highly sought after.
Nerang also boasts a diverse economy, with a mix of retail, industrial, and commercial sectors. For investors, this spreads risk and provides opportunities across various industries while ensuring resilience against market fluctuations. Commercial property prices in Nerang tend to be more affordable compared to some neighbouring suburbs, making it a good choice for investors looking to expand their portfolio without high initial investments.
Southport
Southport is another strategically placed location and boasts major transport links, including the light rail and highways, which enhance accessibility and make it an attractive destination for commerce. As such, investing in commercial property here is bound to generate interest from retailers and restauranteurs looking to take advantage of foot traffic and tourism.
The suburb has also undergone substantial urban revitalisation in recent years, including infrastructure development and commercial projects. This ongoing transformation has led to increased demand for commercial spaces, presenting investors with ample opportunity for capital growth and steady rental income in the process.
Varsity Lakes
Varsity Lakes is surrounded by a mix of residential areas and established business precincts, which creates a dynamic environment that attracts a steady flow of visitors and residents. As a result, commercial property is in high demand as businesses look to take advantage of the footfall, and with Varsity Lakes being in such close proximity to public transport links, its appeal continues to grow.
Ongoing urban development and planned expansions in Varsity Lakes also indicate promising growth potential, providing an evolving landscape that presents opportunities for commercial enterprises to establish themselves and ensuring long-term viability for investment properties.
Burleigh Heads
With its unique blend of coastal charm and thriving business atmosphere, Burleigh Heads stands out as an attractive prospect for commercial property investment and is particularly appealing to businesses looking to integrate a beachside lifestyle within a commercial landscape.
In recent years, this Gold Coast suburb has seen a steady influx of local and international businesses that are drawn to the dynamic residential community and the steady flow of tourists. And, with a well-established reputation for its trendy cafes, boutique stores, and cultural events, Burleigh Heads creates a vibrant backdrop for commercial enterprises. What’s more, ongoing urban development projects continue to add to the suburb’s growth, presenting investors with a promising environment for long-term returns.
Surfers Paradise
Surfers Paradise is one of the most iconic suburbs on the Gold Coast, not just for its breathtaking coastline but also for its thriving commercial landscape, with its central location making it a focal point for tourism, business, and entertainment. This means that the suburb boasts a steady influx of tourists year-round, giving those looking to invest in commercial property here the opportunity to tap into a bustling market.
The consistent demand for retail spaces, restaurants, entertainment venues, and office spaces in Surfers Paradise positions it as one of the most lucrative locations on the Gold Coast, and the suburb’s continual growth and development, along with its excellent transport links, ensure the potential for long-term value appreciation.
Arundel
Arundel is a suburb with easy access to both Brisbane CBD and Gold Coast CBD, allowing for a robust flow of business and traffic within an evolving economic landscape. It also offers close proximity to major highways and public transportation hubs, which amplifies its appeal to businesses looking to draw in steady footfall.
The suburb’s commercial spaces also cater to a diverse range of industries, offering investors the opportunity to tap into various markets and diversify their portfolios in the process. Arundel has also seen high population growth, which has increased demand for local services and amenities, making it an attractive prospect for astute investors seeking long-term profitability.
Bundall
With close proximity to key amenities, including major transport routes, business districts, and retail centres, Bundall is fast becoming one of the most appealing suburbs on the Gold Coast for commercial property investment. The area also sees consistent economic growth, which, coupled with its diverse range of businesses and industries, helps create a stable environment for long-term investment.
The area is also renowned for being a business-friendly locale with a burgeoning entrepreneurial spirit that fosters an atmosphere conducive to sustained commercial success. This, again, almost guarantees safe long-term investment, and as the suburb’s evolving infrastructure and ongoing development projects continue to enhance Bundall’s appeal, this isn’t going to change any time soon.
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Molendinar
Positioned conveniently between the bustling commercial hub of Southport and the rapidly growing Northern Corridor, Molendinar offers close proximity to major transportation routes, making it easily accessible and, in turn, an attractive location for businesses looking to rent a commercial property.
Molendinar also has adaptive zoning regulations that provide flexibility for commercial enterprises, which has helped encourage a diverse range of businesses to establish a presence in the area. This has resulted in economic resilience, marked by sustained growth in recent years, and helps to instil confidence in investors seeking stability and long-term returns.
Coomera
As one of the fastest-growing suburbs on the Gold Coast, Coomera benefits from its proximity to major infrastructure projects, such as the Westfield Coomera Town Centre and the Coomera Marine Precinct, bringing increased footfall into the area and making it a highly sought-after location for businesses looking to rent commercial properties.
Coomera has also seen ongoing urban development projects, and, as a result, its rising population has contributed to a burgeoning local economy with an increased demand for commercial spaces. This, along with its strategic location, positions Coomera as an attractive destination for investors seeking long-term growth and sustainability in the commercial property market on the Gold Coast.
Ashmore
Ashmore’s central positioning within the Gold Coast region makes it a hub for businesses seeking accessibility to major transportation networks, including highways and arterial roads, meaning that the demand for commercial property here is high.
Beyond its geographical advantage, Ashmore boasts a mixed-use environment that caters to a wide range of industries, and the area accommodates various commercial enterprises, from retail outlets and professional services to light industrial activities. This diversity not only offers a stable market for investment but also presents opportunities for different types of commercial ventures to thrive.
At Revolve Commercial, we have a team of commercial property investment experts who can answer any questions you have. Contact us today to book a no-obligation 15-minute call and we’ll walk you through your potential next steps on your investment property journey.
Why Invest in Commercial Real Estate on the Gold Coast?
There are several good reasons why you should invest in commercial real estate on the Gold Coast. For instance, the Gold Coast serves as a major economic and tourism hub within Australia, and its steady economic growth, coupled with a diverse range of industries, provides a robust foundation for almost any commercial venture.
But that’s not all.
Population Growth
The Gold Coast has a fast-growing population as well, which contributes to a growing consumer base, and this creates sustained demand for commercial spaces. So, whether it’s retail outlets, office spaces, or industrial complexes, it won’t be long until a business jumps on the opportunity to rent a commercial space.
Tourism
It’s also worth remembering that the Gold Coast is a prominent tourist destination, and this plays a pivotal role in commercial real estate investment. The constant influx of tourists year-round generates demand for hospitality services, entertainment venues, and retail spaces, providing ample opportunities for investment in these sectors.
Infrastructure
Ongoing infrastructure development and urban revitalisation projects further enhance the appeal of investing in commercial real estate on the Gold Coast, as these initiatives not only improve connectivity and accessibility but also add value to the properties in these areas.
Governmental Support
Finally, the Gold Coast’s strong governance and commitment to business-friendly policies contribute to a favourable investment environment. These include favourable tax incentives, supportive local councils, and a transparent regulatory frame network that all add up to make the Gold Coast an attractive destination for investors seeing stability and growth.
Need Help With Your Commercial Property? Book a Free Call with an Experienced Commercial Buyer Agent
Are you looking to invest in Gold Coast commercial property? Contact Revolve Commercial today, speak with an experienced commercial buyer agent, and we’ll help get you started. We’ll also be by your side at each stage of your investment journey and do all of the hard work for you.