68-70 Link Crescent Coolum Beach QLD 4573

Very rare vacant industrial lot with holding income from long standing tenant.

- Land area: 2,767sq m*
- Vacant industrial land improved with a fully fenced, sealed hardstand/yard
- All services connected and approved for hardstand storage
- The property is leased to RPQ North Coast (asphalt company) being part of the Downer Group of Companies (Publicly Listed Company)
- 1 year lease expiring 31 July 2022
- 1 year option
- Current net rental: $47,055.30pa* + Outgoings + GST

68-70 Link Crescent, Coolum Beach hits the market when industrial land is at its lowest stock levels for decades. There is limited to no industrial land currently on the market for sale and it will stay like this for years to come.

The subject property presents a rare opportunity to purchase an industrial allotment located in the well-established Coolum Industrial Estate, which is has council approval for and is improved with hardstand qualities, being fully fenced and road base plus the property is leased to a quality tenant (part Public Listed Company) with strong holding income. The property presents a strong investment with redevelopment potential when required in the future for either an owner occupier or development for smaller sheds.

The subject property is to be sold as a going concern, given the existing lease in place.

For sale via Expressions of Interest Closing 4pm Thursday 9 December 2021

For further information contact exclusive marketing agent Scott Gardiner on 0415 679 112 or email sgardiner@savills.com.au

(*Approx.)