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Industrial/Warehouse

10/25 Quanda Road Coolum Beach, QLD 4573

Sold for $230,000 on 17 Mar 2017
  • Building: 78m²
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Industrial/Warehouse in Coolum Beach

Tenanted Investment - sub $300k - 7% yield

  • Building: 78m²
  • 78m2 ground floor plus 60m2 open plan mezzanine
  • High profile industrial unit in Coolum beach estate
  • Good exposure and access to Dacmar Road
  • Established tenant with 3 yr lease & 3 yr options
  • Tenant is Soul Fresh Seafoods who are trading well and would like remain as a tenant long term
  • Net Rental: $20,000 P/A + Outgoings & GST

This affordable industrial investment is located in the heart of the Coolum industrial estate. Serving as a retail and wholesale seafood operation for many years, this well established tenant is in his second year of a 3 x 3 yr lease.
The 78m² property has been fitted out brilliantly for its current use, including fixed cold rooms and freezers. The tenant has indicated they would like to stay long term as their business is going well and they have invested considerably on the fit out of the space.

This is a quality investment in a prime location that is close to the Bruce Highway and the airport. For more information please contact the exclusive marketing agent for further details.

Building:

78m²

Zone:

High Impact Industry

Water:

$1,236 Annually

Council:

$1,797 Annually

Strata:

$1,531 Annually

Investment Information

Tenancy Status:

Fully Tenanted

Current Weekly Rent:

$3,846 *

Current Annual Gross Income:

$200,541 *

Current Annual Nett Income:

$191,415 *

Current Annual Other Outgoings:

$4,563 *

Current Annual Total Outgoings:

$9,126 *

Estimated Gross Yield:

N/A (Marketed Without Price)

Estimated Nett Yield:

N/A (Marketed Without Price)

Council:

Sunshine Coast Council

Title Scheme:

Community Title

* The rental income figures are based on an estimate by the selling agent of the likely amount the property would rent for if marketed for lease

All provided figures are estimates and should not be relied upon by a purchaser. The returns are not guaranteed. Further disclaimers apply

* The rental income figures are based on an estimate by the selling agent of the likely amount the property would rent for if marketed for lease

All provided figures are estimates and should not be relied upon by a purchaser. The returns are not guaranteed. Further disclaimers apply

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