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RWC  - Queensland

506 Maroochydore Road Kunda Park, QLD 4556

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506 Maroochydore Road,
Kunda Park, QLD 4556

Warehouse, Factory & Industrial

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RWC  - Queensland
Michael McCullagh

RWC - Queensland

Level 26, 111 Eagle Street
BRISBANE CITY, QLD 4000
RWC  - Queensland
506 Maroochydore Road
Kunda Park, QLD 4556

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Tenanted Industrial Investment with Upside

Ray White Commercial QLD and Ray White Commercial NCG are excited to present 506 Maroochydore Road, Kunda Park for Auction.

Located in arguably the Sunshine Coast's most established and central industrial precinct, Kunda Park, the property presents opportunist investors a freestanding warehouse within a high demand suburb.

Maroochydore Road is the main thoroughfare connecting Bruce Highway and Maroochydore CBD,
attracting 23,222* daily vehicles , allowing direct access to Brisbane and northern Sunshine Coast suburbs. The property is tenanted by Oxworks, a national business with multiple locations across Australia, with the lease expiring in 2025.

Key features of this opportunity:
• Nett $194,359.63* per annum
• 4,000sqm* high exposure allotment
• 1,395sqm* warehouse plus 100sqm* mezzanine
• Securely fenced site with usable concrete hardstand
• 5 year lease term expiring 31/07/2025
• 2 x 5 year options with market reviews
• Uninterrupted free-span warehouse work area
• Drive thru / drive out truck access capability
• Medium Impact Industry Zoning
• Future development and expansion options (STCA) with only 35% site coverage

For further insights into this exceptional property, feel free to contact the market agents. The property is offered for sale by Public Auction to be held Thursday 13 June at 3pm (AEST) at Level 26, 111 Eagle Street, Brisbane Qld 4000.

* Approximately

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Property ID: 504596212Last Updated: 15 Jul 2024

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