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15 Industrial Avenue
Caloundra West QLD 4551
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Sold on 7 Feb 2023

15 Industrial Avenue Caloundra West QLD 4551

  • Factory, Warehouse & Industrial
  • 807 m²
  • Sold

LONG TERM, MULTI-TENANTED INVESTMENT, 6% YIELD

  • NEW 10 YEAR LEASE TO FRANZ SMALL GOODS
  • 10 YEAR LEASE TO OPTUS
  • FUTURE REDEVELOPMENT POTENTIAL

Don't miss the opportunity to invest in this food grade facility with cold storage and retail space which is one of the fastest growing investment sectors. The assets also features a second income stream from a mobile phone tower both on long leases for certainty. Additionally there is significant underlying value in the Specialised Centre zoned land for future development.

Property features include:

~ 2,025sqm* of Specialised Centre zoned land

~ Total building GFA of 806.50sqm* (40% site cover)

~ Building areas consist of food preparation area, cold room, freezer, warehousing, air-conditioned office and retail showroom.

~ Fully fenced & secure site

~ Walking distance to public transport

~ Combined net income of $180,000pa* + Outgoings + GST

~ New 10 year lease to Franz Small Goods

~ 10 year lease to Optus with 8.16 years remaining

~ Large three phase power supply

Please contact the Exclusive Agents, Jack McCormack & Matt Marenko of CBRE for further information.

*Approx.
** Image outlines are indicative only

Property Highlights

Date Sold7 Feb 2023
Floor Area807 m²
Land Area2,025 m²
ParkingOn site parking available
Building TypeWhole building
Property ID2017998986
Category
Last updated  14 Apr 2023
Map for 15 Industrial Avenue Caloundra West QLD 4551

Property Highlights

Date Sold7 Feb 2023
Floor Area807 m²
Land Area2,025 m²
ParkingOn site parking available
Building TypeWhole building
Property ID2017998986
Category
Last updated  14 Apr 2023
Level 1, 17 Duporth Avenue Maroochydore QLD 4558

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