With a strengthening property market some business owners are starting to take the plunge and purchase their own premises. This re surfacing demand is also being buoyed by recent changes to the Self Managed Super Fund laws, which now allow borrowing within the super fund.
This is evident with the sale of Unit 4, 4 Selkirk Drive Noosaville. This tilt slab warehouse with a high grade office fit-out sits in a modern and stylish complex that is part of the auto park precinct. The quality of fit-out in this property set it apart from many of the other warehouses available and suited the buyer’s requirements.
The property was available for lease or sale but was snapped up by an owner occupier before a new tenant got the chance to lease the property. The purchaser had the opportunity to lease the property but in their situation it made financial sense to buy.
We have had a period where there has been a choice of properties available however over the last 12 months the number of quality properties has reduced. There is a certain amount of additional security and freedom with owning your business premises, compared to leasing.
|Method of Sale:||Private Treaty|
|Marketing Time Frame:||Ongoing|
|Sale Date:||19 May 2014|
|Sale Price:||$594,00 + GST|
This prominent 502m²* industrial / retail tenancy became available for lease in January 2014 but presented very poorly, mainly due…