Tenanted Industrial Investment with Development Potential

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, the main thoroughfare connecting Bruce Highway and Maroochydore CBD, attracts 23,222 daily, 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
• 4,000m2* high exposure allotment
• 1,395m2* warehouse plus 100m2* 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

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.

For further insights into this exceptional property, feel free to contact the market agents Michael, Samuel, Brocke or Michael.

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