![]() Asset Class: | Industrial |
![]() Price: | $ 1478000 |
![]() Net Yield: | 5.75 % |
![]() Net Yield - including solar strategy: | % |
![]() Property Market Status: | On Market |
Discover a fantastic opportunity to invest in a strategically located industrial property in Coolum Beach. This impressive 473m² warehouse is a tenanted investment, currently leased under a brand new 3-year lease, providing stability and peace of mind for investors. <br><br><span style="color:rgb(51, 63, 72);">Located on the corner of Lomandra Place and Quanda Road at the opening of the industrial park, access to the Bruce Highway and Sunshine Motorway is easily accessible, allowing convenient access to main transportation roads.</span><br><br><p style="padding-left:0cm;"><span style="color:rgb(36, 36, 36);padding-left:0cm;">This is one of the most hotly contested price brackets and market segments, making this a great opportunity for the investor to get ahead of the game. Secured with a solid lease, this investment will provide great cash flow combined with strong depreciation.</span></p>
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<span style="color:rgb(51, 51, 51);">Combined with the adjoining Centra Park estate, the Coolum industrial precinct comprises approximately 170 hectares* of industrial land with over 200 individual lots in the precinct making it one of the largest industrial hubs on the Sunshine Coast.</span><br><br><span style="color:rgb(51, 51, 51);">Coolum is a 15 minute* drive from Maroochydore’s CBD (via the Sunshine Motorway) and 20 minutes* from Hastings Street, Noosa Heads. Geographically, Coolum is centrally positioned to all major centres and destinations on the Sunshine Coast.</span><br><br><span style="color:rgb(51, 51, 51);">Major occupiers within the estate include Quik Corp, Weir Minerals, Zone RV, Direct Freight Express, Coates Hire, Humes Doors, Salt Air Modular Homes, Ozzy Cranes, Sunshine Mitre 10, National Storage and Parmalat. </span><br><br><span style="color:rgb(51, 51, 51);">Coolum has established itself as the major industrial hub for the northern region of the Sunshine Coast. Its proximity to the recently upgraded Sunshine Coast Airport has further enhanced its appeal with demand from owner occupiers and tenants increasing significantly over the past 18 months. </span><br><br><span style="color:rgb(51, 51, 51);">One of the key benefits of Coolum for industrial operations is its close proximity to the Coolum township, as well as its proximity to the Sunshine Motorway which offers easy access north and south throughout the coast.</span>
Additional Location Information FileCoolsprings Pty Ltd trading as Cut N Edge Panel Factory<br><a style="color:rgb(44, 123, 208);display:inline;" target="_blank" href="https://www.cutnedgepanelfactory.com.au/"><u>Cut N Edge Panel Factory | Flat Packs Sunshine Coast</u></a><span></span><br><br>Cut N Edge Panel Factory was originally established 20 years ago on the Sunshine Coast. <br><br>Current owners and Sunny Coast locals, Brad and Jacque O'Conner, took over the business in 2016, continuing its legacy of excellence and community involvement.<br><br>Brad and Jacque have upheld the company's reputation for quality and reliability, delivering custom solutions for residential and commercial clients throughout the region. Our cabinets, available as flatpack kits or fully assembled, are crafted with precision, attention to detail and a personalised touch.<br><br>As we move forward, we remain dedicated to pushing the boundaries of design and exceeding the expectations of our clients, cementing our position as leaders in the industry.
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Additional Financial Information FileInitial Term:
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86 Quanda Road Coolum Beach QLD 4573 - Currently on the market | Asking Rent: $76,320 (Net) for 426 m2 of NLA = $179 Per Sqm 9 & 24/109 Quanda Road Coolum Beach QLD 4573 – Currently on the market | Asking Rent: $185 Per Sqm for 113 m2 of NLA 1/11 Machinery Avenue, Warana: 399 m2 | $175 Per Sqm | 22-02-2023 2/11 Endeavour Drive, Kunda Park: 336 m2 | $177 Per Sqm | 23-01-2023 7 Edison Crescent, Baringa: 502 m2 | $236 Per Sqm | 23-04-2023 3/50 Dacmar Road, Coolum Beach: 156 m2 | $192 Per Sqm | 05-09-2023 5/21 Lomandra Place, Coolum Beach: 185 m2 | $225 Per Sqm | 03-10-2023 12/100 Quanda Road, Coolum Beach: 557 m2 | $165 Per Sqm | 24-10-2023
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<ul style="list-style-type:disc;list-style-position:inside;padding-inline-start:20px;"><li style="list-style-image:none;color:rgb(51, 51, 51);"><p style="display:inline;"><span style="color:rgb(51, 51, 51);font-weight:normal;font-style:normal;">Highly sought after Coolum Beach industrial tenanted investment</span></p></li><li style="list-style-image:none;color:rgb(51, 51, 51);"><p style="display:inline;"><span style="color:rgb(51, 51, 51);font-weight:normal;font-style:normal;">Brand new 3-year lease with </span><span style="color:rgb(51, 51, 51);font-weight:normal;font-style:normal;">2 x 3 year options</span></p></li><li style="list-style-image:none;"><p style="display:inline;"><span style="color:rgb(51, 51, 51);font-weight:normal;font-style:normal;">473m² warehouse</span></p></li><li style="list-style-image:none;"><p style="display:inline;"><span style="color:rgb(51, 51, 51);font-weight:normal;font-style:normal;">$85,000 P/A Net</span></p></li><li style="list-style-image:none;"><p style="display:inline;"><span style="color:rgb(51, 51, 51);font-weight:normal;font-style:normal;">Established Cabinetry tenant</span></p></li><li style="list-style-image:none;color:rgb(51, 51, 51);"><p style="display:inline;"><span style="color:rgb(51, 51, 51);font-weight:normal;font-style:normal;">Exclusive use hardstand area - 180m²*</span></p></li><li style="list-style-image:none;color:rgb(51, 51, 51);"><p style="display:inline;"><span style="color:rgb(51, 51, 51);font-weight:normal;font-style:normal;">New office/reception fit out</span></p></li><li style="list-style-image:none;color:rgb(51, 51, 51);"><p style="display:inline;"><span style="color:rgb(51, 51, 51);font-weight:normal;font-style:normal;">Equipped with upgraded power supply - multiple 3-phase power outlets</span></p></li><li style="list-style-image:none;color:rgb(51, 51, 51);"><p style="display:inline;"><span style="color:rgb(51, 51, 51);font-weight:normal;font-style:normal;">Bonus storage mezzanine</span></p></li><li style="list-style-image:none;color:rgb(51, 51, 51);"><p style="display:inline;"><span style="color:rgb(51, 51, 51);font-weight:normal;font-style:normal;">Staff kitchen & amenities</span></p></li><li style="list-style-image:none;color:rgb(51, 51, 51);"><p style="display:inline;"><span style="color:rgb(51, 51, 51);font-weight:normal;font-style:normal;">Multiple high clearance roller doors</span></p></li><li style="list-style-image:none;color:rgb(51, 51, 51);"><p style="display:inline;"><span style="color:rgb(51, 51, 51);font-weight:normal;font-style:normal;">Additional ventilation</span></p></li></ul>