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Sold on 4 Dec 2018

68-70 Link Crescent Coolum Beach QLD 4573

  • Industrial / Warehouse
  • 2,767 m²
  • Sold

2,767SQ M VACANT INDUSTRIAL LAND – WITH 3 + 3 YEAR LEASE

  • Tenanted Investment
  • 3 year lease + 3 year option
  • Net Rental - $42,371.50pa* + O/G + GST

- 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)
- 3 year lease + 3 year option
- Current Net Rental - $42,371.50pa* + Outgoings + GST
- Expiry date August 2020 with 3 year option thereafter
(*Approx.)

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

68-70 Link Crescent, Coolum Beach ticks a lot of boxes and presents a rare opportunity to purchase an industrial allotment located in the well-established Coolum Industrial Estate also being improved with hardstand qualities, and fully leased to a quality tenant (part of a Public Listed Company) with strong holding income while having redevelopment potential when required in the future.

Property Highlights

Property ID2014767818
Date Sold4 Dec 2018
Floor Area2,767 m²
Land Area2,767 m²
ParkingAsk Agent
Category
Last updated  5 Feb 2019
Map for 68-70 Link Crescent Coolum Beach QLD 4573
Savills Sunshine Coast
Level 3, 61 The Esplanade Maroochydore QLD 4558

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