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…
Two Properties Selling in One Line – Fully Tenanted Caloundra Investment
Two adjoining lots with a combined land area of 1822m²* were sold under the hammer at auction in one line.
There is a holding income from the seven tenancies including an upstairs refurbished caretaker’s flat and many options for future redevelopment.
This result was achieved after the owners invested in a comprehensive marketing campaign with enquiry both locally and from Brisbane.
The Sunshine Coast investor who purchased the property was one of seven registered bidders on the day.
| Sales Analysis* | |
| Method of Sale: | Auction |
| Marketing Time Frame: | 4 weeks |
| Sale Date: | 21/04/2016 |
| Total Enquiry: | 17 |
| Marketing Budget: | $6,643.00 |
| Sold: | Under the hammer |
| Sale Price: | $920,000 |
| Tenanted Net Income: | $63,331.26 per annum |
| Yield: | 6.9% |
| Bids Received: | 11 |
| Auction Attendance: | 7 Registered Bidders |
| Land Area: | 1,882m²* |
| Building Area: | 1,000m²* |
*approx
A LOCAL investor has expanded their commercial property portfolio by spending $1.705M on two tilt-up buildings on one title at 33…
Caloundra, 87 Bulcock Street A freehold property located in Bulcock St, the retail precinct of the Caloundra CBD. Comprises of…