Australian property and credit fund manager, Skybound Fidelis Investment Group, has swooped on a freestanding facility in the Sunshine Coast Industrial Park, with the site at 87-101 Fred Chaplin Circuit in Bells Creek transacting for $13.1 million.

The sale price reflected a yield of approximately 6.8 per cent. 

State Director of Savills, Scott Gardiner, who was the exclusive marketing agent on the deal, said it was a privilege to sell such a quality industrial investment. 

"At the start of the campaign, it was widely speculated that this could not be achieved, so we are very pleased with the final result,” he said.

At a glance:

• A freehold industrial facility at the Sunshine Coast Industrial Park has transacted for $13.1 million, reflecting a yield of about 6.8 per cent.
• The property was sold to Skybound Fidelis Investment Group in a deal managed by Savills State Director Scott Gardiner.
• ABC Manufacturing Pty Ltd occupies the premises, which includes 6,772 square metres of warehouse space, a 253 square metre ground floor office, 303 square metre first-floor office, and a 59 square metre storeroom.

The brand new industrial facility is situated on a 12,160 square metre corner allotment and is fully leased to ABC Manufacturing Pty Ltd on a 10-year contract due to expire in 2028. 

The includes 6,772 square metres of warehouse space, a 253 square metre ground floor office, 303 square metre first-floor office, and a 59 square metre storeroom.

The warehouse also features mezzanine levels on the north and south side of the building of 304 square metres and 242 square metres, respectively. 

The property is located approximately three kilometres from the soon to be completed $812.95 million intersection upgrade at Caloundra Road and the Bruce Highway. 

Skybound Fidelis Investment Group is part of the multinational Skybound Capital Group – a global wealth management business. 

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