33 Production Avenue, Warana
A LOCAL investor has expanded their commercial property portfolio by spending $1.705M on two tilt-up buildings on one title at 33…
Investment Opportunity with National Tenant
This is a prime retail property of 247 m2* in the heart of Maleny, and is leased to Australia Post on a 6 year lease.
It is situated at the start of the main street next to other major retail outlets the property is in the popular Maleny Riverside Centre along with 16 other businesses such as Suncorp Bank, chemist, optometrist, a real estate agency, restaurants, cafes, a butcher, Jewellers, Travel agents, etc.
This result was achieved after the owner invested in a comprehensive marketing campaign with enquiry both locally and from Brisbane.
The purchasers are Sunshine Coast investors who identified the property as being a solid investment to add to their portfolio.
| Sales Analysis | |
| Method of Sale: | Auction |
| Marketing Time Frame: | 4 weeks |
| Sale Date: | 16/06/2016 |
| Total Enquiry: | 24 |
| Marketing Budget: | $6,643.00 |
| Sold: | Under the hammer |
| Sale Price: | $880,000 |
| Tenanted Gross Income: | $85,000.00 pa |
| Net Yield: | 7.8% |
| Bids Received: | 9 |
| Auction Attendance: | 4 Registered Bidders |
| Buildings Area: | 247m²* |
A LOCAL investor has expanded their commercial property portfolio by spending $1.705M on two tilt-up buildings on one title at 33…
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