Sold
506 Maroochydore Road,
Kunda Park 4556, Queensland
Price withheld
Property details
-
Agents
Tenanted Industrial Investment with Upside
Ray White Commercial QLD and Ray White Commercial NCG are excited to present 506 Maroochydore Road, Kunda Park for Auction.
Located in arguably the Sunshine Coast's most established and central industrial precinct, Kunda Park, the property presents opportunist investors a freestanding warehouse within a high demand suburb.
Maroochydore Road is the main thoroughfare connecting Bruce Highway and Maroochydore CBD,
attracting 23,222* daily vehicles , allowing direct access to Brisbane and northern Sunshine Coast suburbs. The property is tenanted by Oxworks, a national business with multiple locations across Australia, with the lease expiring in 2025.
Key features of this opportunity:
• Nett $194,359.63* per annum
• 4,000sqm* high exposure allotment
• 1,395sqm* warehouse plus 100sqm* mezzanine
• Securely fenced site with usable concrete hardstand
• 5 year lease term expiring 31/07/2025
• 2 x 5 year options with market reviews
• Uninterrupted free-span warehouse work area
• Drive thru / drive out truck access capability
• Medium Impact Industry Zoning
• Future development and expansion options (STCA) with only 35% site coverage
For further insights into this exceptional property, feel free to contact the market agents. The property is offered for sale by Public Auction to be held Thursday 13 June at 3pm (AEST) at Level 26, 111 Eagle Street, Brisbane Qld 4000.
* Approximately
Located in arguably the Sunshine Coast's most established and central industrial precinct, Kunda Park, the property presents opportunist investors a freestanding warehouse within a high demand suburb.
Maroochydore Road is the main thoroughfare connecting Bruce Highway and Maroochydore CBD,
attracting 23,222* daily vehicles , allowing direct access to Brisbane and northern Sunshine Coast suburbs. The property is tenanted by Oxworks, a national business with multiple locations across Australia, with the lease expiring in 2025.
Key features of this opportunity:
• Nett $194,359.63* per annum
• 4,000sqm* high exposure allotment
• 1,395sqm* warehouse plus 100sqm* mezzanine
• Securely fenced site with usable concrete hardstand
• 5 year lease term expiring 31/07/2025
• 2 x 5 year options with market reviews
• Uninterrupted free-span warehouse work area
• Drive thru / drive out truck access capability
• Medium Impact Industry Zoning
• Future development and expansion options (STCA) with only 35% site coverage
For further insights into this exceptional property, feel free to contact the market agents. The property is offered for sale by Public Auction to be held Thursday 13 June at 3pm (AEST) at Level 26, 111 Eagle Street, Brisbane Qld 4000.
* Approximately
Explore the area
Find out how much home loan repayments will be
It’s important to understand repayment amounts before you apply for a home loan. A Loan Market broker can compare over 100 lenders to find the right loan for you. Use the Loan Market calculator to get a better indication of repayments.
Loan Market Pty Ltd | Australian Credit Licence 390222. All interest rates stated must include "p.a." and the relevant Comparison Rate in full.