526 Maroochydore Road, Kunda Park, QLD 4556

Industrial

Sold $3,500,000

  • Property ID: 432146
  • Floor Area: 2071m²
  • Land Area: 3424m²
Sold / Leased Results

Name Result Date Floor Land Result Price
Sold 03/05/2024 2071m2 3424m2 $4,000,000
INDUSTRIAL TENANTED INVESTMENT ON MAJOR ARTERIAL

Samuel Hoy, Michael Shadforth & David Goldsworthy from Ray White Commercial NCG are excited to present 526 Maroochydore Road, Kunda Park for sale.

There are very limited properties on the main thoroughfare into the centre of the Sunshine Coast in Sunshine Coast's premier industrial park, but this is one. This high exposure asset consists of two separate tenancies 100% leased to two reputable local businesses boasting a great income. Warehouses equipped for food manufacturing on the Sunshine Coast are scarce and with a booming industry, this asset is well positioned for the high growth the region is experiencing.

FEATURES:
• $297,518 P/A NET allowing for future rental upside
• Rare high exposure site on a significant thoroughfare
• Building is well maintained and is equipped for food manufacturing with limited options on the Sunshine Coast
• Two high performing tenants provides less risk and future flexibility
• 2,071m2 warehouse on 3,424m2 allotment
• Medium Impact Industry Zone
• Approximate 50m street frontage to Maroochydore Road
• The site is accessed via a service street off Maroochydore Road which is connected directly to the Bruce Highway.


Improvements
The property has been upgraded over the last 24 months and consists of a metal warehouse with 2 separate tenancies. Both tenancies have been designed with cool room storage, food production and dry storage. There are multiple access points through roller doors and personal doors for both logistics and customer access. The common property is managed by a Body Corporate with tenancies 2 and 3.

For further information, contact marketing agents Samuel Hoy, Michael Shadforth & David Goldsworthy from Ray White Commercial NCG .

Kunda Park Suburb Profile

Average Advertised Price
Property Type Price (m²) Rent (m²/p.a.) Yield
Retail --- $180 ---
Offices --- $170 ---
Industrial $3572 $174 4.88%
This is the average advertised price, rent and yield for Kunda Park, QLD 4556*

Days on Market
Time between initial ad placement and the listing’s withdrawal

Days on Market data for Industrial in QLD for Sale

The spread of Days on Market is summarised into 4 time-bands (or quartiles) for each segment.
Understanding market expectations is skewed towards examining changes in the shortest duration quartile (fastest 25%)

Transactions per Month

* Excludes, where applicable, GST, outgoings and incentives. Values calculated based on the prices advertised by the agencies that list their properties on Commercial Property Guide.

Property Detail Notes:

  • 3rd Party Content - The information displayed on this page is supplied by registered real estate agents and other third parties. For questions regarding the information that appears here please contact the agent that is listed.
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