 Asset Class: | Industrial |
 Price: | $ 5950000 |
 Net Yield: | 6.14 % |
Net Yield - including solar strategy: | % |
 Property Market Status: | Pre Auction |
<p>Presenting a rare and exceptional investment opportunity in the heart of Kunda Park's thriving industrial precinct. This substantial freehold property at 46 Enterprise Street offers a rock-solid investment with a secure 10-year lease to the established tenant Avalon Plastics.</p> <p>Situated on a generous 3,039m² site, this impressive industrial facility features a substantial 1,220m² building area with excellent functional improvements including multiple roller door access points, dedicated office space, and ample onsite parking.</p> <p>The property generates a robust annual income of $365,500 plus GST and outgoings, providing an attractive net yield of 6.11% based on the asking price of $5,980,000. With 3% annual rent increases built into the lease structure, investors can expect growing returns over the decade-long lease term.</p> <p>Avalon Plastics, a reputable plastics manufacturing company with a decade-long history at this location, has committed to a fresh 10-year lease with two 5-year options, demonstrating their long-term commitment to the site. This brand-new lease includes fixed 3% annual increases, providing certainty and growth for astute investors.</p> <p>Located in the highly sought-after Kunda Park industrial estate on Queensland's Sunshine Coast, the property benefits from excellent access to major transport routes, with Maroochydore CBD just 10 minutes away. The strategic position within this tightly held industrial precinct ensures ongoing demand and strong capital growth prospects.</p> <p>This offering represents a set-and-forget investment opportunity with the security of a long-term tenant, guaranteed rental growth, and a prime industrial location in one of Australia's fastest-growing regions.</p>
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<p>Kunda Park is a <strong>premier industrial precinct</strong> on Queensland's Sunshine Coast, strategically positioned just <strong>10 minutes from Maroochydore CBD</strong>. This highly sought-after industrial estate offers <strong>excellent connectivity</strong> to major transport routes and key commercial hubs throughout the region.</p> <p>The Sunshine Coast is one of <strong>Australia's fastest-growing regions</strong>, experiencing significant population growth and economic development. The area benefits from substantial infrastructure investment, including the expanded Sunshine Coast Airport, new Maroochydore CBD development, and improved transportation networks.</p> <p>Kunda Park's <strong>central location</strong> provides businesses with convenient access to the entire Sunshine Coast market while offering the advantages of a dedicated industrial zone with appropriate zoning and facilities for manufacturing and distribution operations.</p>
Additional Location Information File<p><strong>Avalon Plastics</strong> has established themselves as the <strong>long-term occupier</strong> of this property, having operated from this location for <strong>10 years</strong>. The company specializes in <strong>plastics manufacturing</strong> and has demonstrated their commitment to the site by signing a fresh <strong>10-year lease</strong> with <strong>two 5-year options</strong>.</p> <p>The tenant has a <strong>proven track record</strong> at this location, providing investors with confidence in their operational stability and capacity to fulfill lease obligations. Their willingness to commit to such a substantial lease term reflects both their business confidence and satisfaction with the property's suitability for their manufacturing operations.</p> <p>The <strong>relationship between tenant and seller</strong> provides additional transparency and understanding of the property's history and operational performance.</p>
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<p>This premium industrial investment offers <strong>exceptional financial fundamentals</strong> with a current annual income of <strong>$365,500 plus GST and outgoings</strong>, representing an attractive <strong>6.11% net yield</strong> based on the asking price of <strong>$5,980,000</strong>.</p> <p>The lease structure provides <strong>built-in rental growth</strong> with <strong>fixed 3% annual increases</strong>, ensuring consistent income expansion throughout the lease term. The tenant has committed to a <strong>brand new 10-year lease</strong> with <strong>two 5-year options</strong>, providing exceptional income security and longevity.</p> <p>As a <strong>net lease arrangement</strong>, the tenant is responsible for outgoings, maximizing returns for the investor while minimizing management responsibilities.</p>
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<ul> <li>Substantial industrial freehold on generous 3,039m² site</li> <li>Premium Sunshine Coast industrial location in tightly held Kunda Park estate</li> <li>Established tenant with decade-long occupancy history</li> <li>Brand new 10-year lease with two 5-year options</li> <li>Strong annual income of $365,500 + GST & outgoings</li> <li>Attractive 6.11% net yield at the asking price of $5,980,000</li> <li>Built-in income growth with 3% annual rent increases</li> <li>Significant 1,220m² building area with versatile industrial improvements</li> <li>Strategic location with excellent connectivity to major transport routes</li> <li>Just 10 minutes from Maroochydore CBD</li> <li>Rare opportunity in one of Australia's fastest-growing regions</li> </ul>
