A local Sunshine Coast investor has snapped up a fully leased and functional freestanding industrial investment within one of the strongest growing regions in Australia for $5.1 million through Scott Gardiner and Jason O’Meara Savills Sunshine Coast on a yield of approximately 8.36 per cent.

Situated across two lots known as 7 Harvest Road and 25 Machinery Road, Yandina, the property is situated in the well-established “Yandina Enterprise Industrial Park” positioned only minutes from the Bruce Highway – Yandina Coolum Road intersection, being 20* minutes from Maroochydore and just over 1* hour drive down to Brisbane Airport.

Scott Gardiner and Jason O’Meara of Savills Sunshine Coast negotiated the sale of the three warehouses and office buildings totalling 4,502sq m* on a total land area of 10,393sq m*, on behalf of a local owner.

Deal at a glance:

• Asset: Freestanding Fully leased industrial Investment 
• Address: 7 Harvest Road and 25 Machinery Road, Yandina, QLD “Yandina Enterprise Industrial Park”
• Sold Price: $5.1m
• Yield: 8.36%
• Vendor: Local Owner 
• Purchaser: Local investor 
• Tenant: Nutri-Tech Solutions (NTS)
• Term: 5Years + 5Years
• Building area: 4,502sqm 
• Land Area: 10,393sqm 
• Selling Agents: Scott Gardiner and Jason O’Meara Savills Sunshine Coast
• Source: Selling agents Savills 

The entire property is fully leased to Nutri-Tech Solutions (NTS) who have just taken up their five year option which takes them through to 30th September 2025 (plus a further 5 year option to 2029).

Nutri-Tech Solutions have been operating for 25+ years and are an Australian agricultural company which distribute products internationally to over 50 countries.

According to Scott Gardiner, State Director at Savills Sunshine Coast, “The property saw a lot of interest from long term, passive investors with 77 enquiries throughout the campaign and multiple offers.

“Properties of this size, scale and positioning on a solid new five year lease terms rarely come to market so when they do, interest is always strong” he said.

The property is approximately 15 minutes north of Maroochydore CBD and approximately 30 minutes south of Noosa Heads CBD. Travel time from Port of Brisbane is approximately 1 hour and 20 minutes.

Yandina is home to several major businesses, such as The Ginger Factory, a local tourism icon; Nutworks, and local suppliers to the building industry, such as Rockcote and Cordwells concrete, JJ Richards & Sons, BFX Furniture and many others.

Jason O'Meara, Director at Savills Sunshine Coast said, “Yandina continues to be a base for large distribution facilities, due to the precinct’s proximity to The Bruce highway (M1), and also as a base for large manufacturing facilities”.