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…
Highly Sought After Investment Leased to National Dental Group
‘Burns Centre 2’ comprises four strata titled single level lots in one line. Three of these Lots (2, 3 & 4) have been amalgamated and are currently being leased to National Dental Care (NDC Australia Pty Ltd) on a 5 year lease with a further 3 options of 5 years.
The location is second to none and is in close proximity to Kawana Shoppingworld and the Kawana Hospital Precinct.
This result was achieved after the owners invested in a comprehensive marketing campaign with enquiry both locally and from Brisbane.
The buyer was a Sunshine Coast investor who secured the property prior to auction.
A national tenant, the properties location and future redevelopment potential were the perfect mix for the purchaser.
Sales Analysis* | |
Method of Sale: | Auction |
Marketing Time Frame: | 4 weeks |
Sale Date: | 23/03/2016 |
Total Enquiry: | 39 |
Marketing Budget: | $13,305.00 |
Sold: | Prior to Auction |
Sale Price: | $1,700,000 |
Tenanted Net Income: | $120,750 per annum |
Yield: | 7.1% |
Building Area: | 216m²* |
*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…