![]() Asset Class: | Industrial |
![]() Price: | $ 6200000 |
![]() Net Yield: | 6.00 % |
![]() Net Yield - including solar strategy: | % |
![]() Property Market Status: | Off Market |
<span style="font-weight:normal;">On offer is a premium industrial investment in Corbould Park, the Sunshine Coast’s leading industrial hub.</span><span style="color:rgb(0, 0, 0);font-weight:normal;"> </span><span style="color:rgb(0, 0, 0);">The property sits on a 4,496m2* block of land and has a GLA of 2,595m2*, comprising a 2,271m2* factory warehouse*, 291m2* in office / amenities, and a 33m2* mezzanine storage area. Built from concrete tilt slab with metal deck roofing, it features nine roller doors, 240AMP per phase 3-phase power, fibre optic internet, and ample on-site parking with 32 car spaces plus 5 bicycle bays. Internally, the facility includes a modern reception, boardroom, and multiple offices over 2 levels, as well as 3 kitchenettes and several male/female amenities with disability access. </span><br><br><span style="color:rgb(0, 0, 0);">It comes fully leased to One Stop Joinery, an established joinery and cabinetry specialist operating since 2001. They are secured on a 5+5-year lease until 2028, plus have another 5-year option. They pay all outgoings, including land tax and management fees. </span><br><br><span style="color:rgb(0, 0, 0);">This is a standout industrial asset in a prime location with a strong tenant, high-spec improvements and set to deliver its incoming owner a first-year net income of $374,000* pa.</span>
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<span style="color:rgb(0, 0, 0);">Corbould Park is the leading industrial precinct on the Sunshine Coast, strategically positioned near Caloundra with seamless access to major transport corridors, including the Bruce Highway and Caloundra Road. The area has rapidly developed into a thriving hub for manufacturing, logistics, and trade-based businesses, attracting a diverse mix of national and local operators. With modern infrastructure, large-format industrial facilities, and ample land supply, Corbould Park supports high-growth industries such as construction, automotive, and warehousing, making it a key driver of the Sunshine Coast’s expanding economy.</span><br><br><span style="color:rgb(0, 0, 0);"><b>Sunshine Coast Region</b></span><br><span style="color:rgb(0, 0, 0);">The Sunshine Coast is a fast-growing economic region located 100km north of Brisbane, with a 2023 population of 366,000, expected to grow 40% by 2041 (adding 141,000 people). The region boasts a Gross Regional Product (GRP) of $23.73 billion, representing 7.75% of Queensland’s total GRP, and is forecast to reach $33 billion by 2033. With 144,011 workers, the Sunshine Coast has outpaced most regional economies over the past 15 years and continues on a strong growth trajectory. Major infrastructure projects driving this expansion include the $5 billion Sunshine Coast Health Precinct, the largest health development in Australia; the $4.4 billion Maroochydore City Centre, generating 15,000 jobs; and the $4.1 billion Sunshine Coast Airport expansion, creating 2,230 jobs. Additional investments include the $1.6 billion Bruce Highway expansion and the International Broadband Network, contributing $927 million to the QLD economy, further cementing the region’s position as a key business and investment destination.</span>
Additional Location Information FileEstablished in 2001, <span style="font-weight:normal;">One Stop Joinery</span> is a leading provider of professional, high-quality joinery and cabinetry solutions based on the Sunshine Coast. Specialising in commercial projects, the company has expanded its expertise and reputation, offering a comprehensive range of custom joinery products and services. Their experienced team ensures that every stage - from design and development to manufacturing, delivery, and installation - is executed to the highest standards, meeting client timeframes and expectations.<br><a style="color:rgb(51, 51, 51);display:inline;" target="_blank" href="https://onestopjoinery.com.au/"><u>https://onestopjoinery.com.au/</u></a><span></span>
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<p style="background-color:rgb(255, 255, 255);display:block;"><span style="color:rgba(0, 0, 0, 1);">Tenant: One Stop Joinery</span></p><p style="background-color:rgb(255, 255, 255);display:block;"><span style="color:rgba(0, 0, 0, 1);">Term: 5 Years</span></p><p style="background-color:rgb(255, 255, 255);display:block;"><span style="color:rgba(0, 0, 0, 1);">Start: 1 July 2023</span></p><p style="background-color:rgb(255, 255, 255);display:block;"><span style="color:rgba(0, 0, 0, 1);">End: 30 June 2028</span></p><p style="background-color:rgb(255, 255, 255);display:block;"><span style="color:rgba(0, 0, 0, 1);">Options: 1x5 Years</span></p><p style="background-color:rgb(255, 255, 255);display:block;"><span style="color:rgba(0, 0, 0, 1);">Base rents: $374,000* pa + GST</span></p><p style="background-color:rgb(255, 255, 255);display:block;"><span style="color:rgba(0, 0, 0, 1);">Tenant pays all outgoings including management and land tax.</span></p>
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39-41 Claude Boyd Parade, Corbould Park - $144/m2 25 Latcham Drive, Caloundra West - 2,650m2 - $146/m2
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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(0, 0, 0);"><p style="display:inline;"><span style="color:rgb(0, 0, 0);font-weight:normal;font-style:normal;">Premium industrial investment in Sunshine Coast’s leading park</span></p></li><li style="list-style-image:none;color:rgb(0, 0, 0);"><p style="display:inline;"><span style="color:rgb(0, 0, 0);font-weight:normal;font-style:normal;">Established tenant with 24 years trading history</span></p></li><li style="list-style-image:none;color:rgb(0, 0, 0);"><p style="display:inline;"><span style="color:rgb(0, 0, 0);font-weight:normal;font-style:normal;">5+5-year fully net lease</span></p></li><li style="list-style-image:none;color:rgb(0, 0, 0);"><p style="display:inline;"><span style="color:rgb(0, 0, 0);font-weight:normal;font-style:normal;">Net Income: $374,000* pa</span></p></li><li style="list-style-image:none;color:rgb(0, 0, 0);"><p style="display:inline;"><span style="color:rgb(0, 0, 0);font-weight:normal;font-style:normal;">Land: 4,496m2*</span></p></li><li style="list-style-image:none;color:rgb(0, 0, 0);"><p style="display:inline;"><span style="color:rgb(0, 0, 0);font-weight:normal;font-style:normal;">GLA: 2,595m2*</span></p></li><li style="list-style-image:none;color:rgb(0, 0, 0);"><p style="display:inline;"><span style="color:rgb(0, 0, 0);font-weight:normal;font-style:normal;">2,271m2* factory, 291m2* in office/amenities and 33m2* mezz storage</span></p></li><li style="list-style-image:none;color:rgb(0, 0, 0);"><p style="display:inline;"><span style="color:rgb(0, 0, 0);font-weight:normal;font-style:normal;">Concrete tilt slab construction</span></p></li><li style="list-style-image:none;color:rgb(0, 0, 0);"><p style="display:inline;"><span style="color:rgb(0, 0, 0);font-weight:normal;font-style:normal;">Metal deck roofing</span></p></li><li style="list-style-image:none;color:rgb(0, 0, 0);"><p style="display:inline;"><span style="color:rgb(0, 0, 0);font-weight:normal;font-style:normal;">9 roller doors</span></p></li><li style="list-style-image:none;color:rgb(0, 0, 0);"><p style="display:inline;"><span style="color:rgb(0, 0, 0);font-weight:normal;font-style:normal;">240AMPS per phase 3-phase power</span></p></li><li style="list-style-image:none;color:rgb(0, 0, 0);"><p style="display:inline;"><span style="color:rgb(0, 0, 0);font-weight:normal;font-style:normal;">Fibre optic internet connection with 4G wireless back-up</span></p></li><li style="list-style-image:none;color:rgb(0, 0, 0);"><p style="display:inline;"><span style="color:rgb(0, 0, 0);font-weight:normal;font-style:normal;">32 on-site car parks and 5 bicycle parks</span></p></li><li style="list-style-image:none;color:rgb(0, 0, 0);"><p style="display:inline;"><span style="color:rgb(0, 0, 0);font-weight:normal;font-style:normal;">Reception, Boardroom and multiple offices over 2 levels</span></p></li><li style="list-style-image:none;color:rgb(0, 0, 0);"><p style="display:inline;"><span style="color:rgb(0, 0, 0);font-weight:normal;font-style:normal;">3 kitchenettes, several M/F amenities with disability access </span></p></li></ul>