A warehouse and office complex, occupying almost 1500sqm of prime industrial land in Warana, on Queensland’s booming Sunshine Coast, will go to public auction in July.
The freehold industrial facility, which includes a generous surrounding concrete hardstand, would be ideal for an investor, or an owner-occupier seeking to operate in Warana’s tightly-held industrial precinct.
The site is currently let to a trucking company, which will vacate when the lease expires at the end of November, allowing time for the purchaser to secure a new tenant or an owner-occupier to plan their move.
CBRE Sunshine Coast director Glen Grimish said the fact a lease was in place, and the property was a going concern, could have favourable GST implications for a buyer.
The site generates net rental income of $105,404, plus outgoings (rates, water and insurance) of about $7,900, plus GST.
The property comprises a warehouse/workshop of 570sqm, two levels of air-conditioned offices occupying 123sqm of space, a large concrete hardstand and ample parking.
It has its own 29kw solar power system and compressed airlines, two 4.8m high motorised roller doors and two large concrete driveways. Amenities include male and female toilets, shower, kitchenette and a large lunchroom.
The site is located at 6 Dual Avenue, in the highly sought Warana industrial precinct, with direct access to both Nicklin Way and Kawana Way.
It is 11 minutes from the Bruce Highway, which connects Brisbane with the major coastal cities in the north, and lies midway between Maroochydore and Caloundra. It is a 30 minute drive to the Sunshine Coast Airport and 70 minutes to Brisbane.
The Sunshine Coast is one of the fastest growing regions in Australia, with a population predicted to exceed 500,000 within 12 years and Gross Regional Product tipped to reach $33 billion by 2033.
The property will be auctioned on site at 2pm on Friday, 15th July, 2022. Exclusive marketing agents are CBRE Sunshine Coast’s Glen Grimish and Matt Marenko. For further information contact them on the details below.