Bond University was established and funded in 1987 by the chairman of the Australian-based Bond Corporation, Alan Bond, and the president of the Japanese-based Electronics and Industrial Enterprises International (EIE), Harunori Takahashi and Dr Taro Tanioka, in a joint venture to manage the land and construction of the buildings of the university.

The university's buildings and surrounding land initially covered approximately 212 hectares and encompassed what was previously a pine plantation known as the Burleigh Forest. In the 1970s, Bond had obtained control of a number of pine plantations in the region, previously owned by the Savoy Corporation Limited and Gold Coast Cooperative Plantations Society Limited, and established a new company known as the Development Equity Corporation (DEC) to develop them.