Commercial Property Land Valuation System in Queensland is Arbitrary and Unpredictable
New land valuations for 24 Queensland LGAs have highlighted the flaws and inconsistencies in the state’s system, writes Paul Butler.
Coolum Beach Industrial Shed Sold
An industrial unit in the Coolum Beach industrial precinct on the Sunshine Coast has been sold by Ray White Commercial Noosa & Sunshine Coast North.
The 164 sqm shed at 2/39 Link Crescent, Coolum, was sold to a local business owner for $245,000 by Tracey Ryan of Ray White Commercial Noosa & Sunshine Coast on behalf of a local owner.
Tracey Ryan said the unit was offered for sale with a short-term tenant in place but the buyer will owner-occupy the property.
“This unit is in a complex of four units in the popular Coolum Beach industrial precinct,” she said.
“The unit offers ample natural light and features 3 phase power and high clearance roller doors.
“There is an opportunity here for the new owner to add a mezzanine level.”
New land valuations for 24 Queensland LGAs have highlighted the flaws and inconsistencies in the state’s system, writes Paul Butler.
Ray White Commercial has its first woman auctioneer. Chantel Dielwart has smashed the glass ceiling in the usually male-dominated auctioneer space, obtaining her accreditation late last year.