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10 Bearing Avenue
Warana QLD 4575
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Sold on 2 Dec 2021

10 Bearing Avenue Warana QLD 4575

  • Factory, Warehouse & Industrial
  • 1,034 m²
  • Sold

RARE FREESTANDING INDUSTRIAL KAWANA, SUNSHINE COAST

  • Tenant in place until May 2022
  • Building area: 1,034sqm* + 174sqm* mezz.
  • Land area: 1,620sq m*

- Quality freestanding industrial warehouse
- Leased to national tenant Metroll (Metroll Queensland Pty Limited)
- Land area: 1,620sq m*
- Building area: 1,034q m* + 174sq m* mezzanine
- Total net rental - $139,928.40 per annum plus GST (increasing to $146,784.89 per annum + GST from 19th January 2022)
- Lease expiring 1st May 2022
- No option so would suit owner occupier taking advantage of this rare opportunity of a freestanding warehouse in Kawana
- Modern concrete tilt slab construction with fitted out office at front
- Prime industrial location centrally on the Sunshine Coast between Maroochydore and Caloundra
- Great access to the major roads, including Nicklin Way, Kawana Way, Sunshine Motorway and Bruce Highway

Metroll lease expires 1st May 2022 and they are looking at vacating around this time, as they are currently building their own, much larger, facility down at Caloundra. Therefore this would ideally suit an owner occupier requiring such a quality facility for their own business, centrally located on the Sunshine Coast. But also 10 Bearing Avenue, would be a prime investment for any savvy investor as there a major supply issue on the Coast for this style and size of warehouse. At the present time of marketing, there is near to nil 1,000sq m* plus warehouses, of this nature, available for lease right across the Sunshine Coast and due to this we have a strong believe that this would be snapped up very quickly by another new tenant.

It is very rare in the current market for such a quality freestanding industrial investment property to hit the market for sale and believe this will tick a lot of boxes for investors &/or owner occupiers.

For Sale Auction On site 11am Thursday 25 November 2021

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

(*Approx.)

Property Highlights

Date Sold2 Dec 2021
Floor Area1,034 m²
Land Area1,620 m²
ParkingOn site parking available
Building TypeWhole building
Property ID2017352671
Category
Last updated  17 Jan 2022
Map for 10 Bearing Avenue Warana QLD 4575

Property Highlights

Date Sold2 Dec 2021
Floor Area1,034 m²
Land Area1,620 m²
ParkingOn site parking available
Building TypeWhole building
Property ID2017352671
Category
Last updated  17 Jan 2022

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