- About this property
- Explore Nambour
Sunshine Coast Industrial Multi-Tenanted InvestmentProperty ID 1782675- 1.79* hectare block
- 4,063m* NLA
- $317,095.03 pa net rental income
- Opportunity to secure at a solid yield with potential growth of rents
- 8 tenancies with a history of low vacancies
- Strong lease covenants and tenant diversification
- Zoned Medium Impact Industry
- Plenty of off street parking
- Undeveloped potential
- Large parcel of land close to expanding CBD with High visibility to busy Windsor Road
- Room for future development (STCA)
This is a property with plenty of scope for future development not possible elsewhere this close to the CBD. It's well positioned and large enough to enable some interesting developments while also presenting opportunities to easily increase income in the near term.
The Original developer, has seen very little vacancy over their 30 year ownership. The eight tenants are predominantly local businesses serving the wider local community. Many have been residents in the complex for a number of years.
There's great exposure for the property to busy Windsor Road, which will undoubtedly get busier when planned developments are completed.
For Sale by Expressions of Interest
Contact our exclusive marketing agents Ray White Commercial North Coast Central or Define Property Agents to arrange an inspection.
This property is being sold by auction or without a price and therefore a price guide can not be provided. The website may have filtered the property into a price bracket for website functionality purposes.