Entire Kunda Park development snapped up prior to completion

AN entire new industrial development at 21-25 Kerryl Street in Kunda Park has been snapped up prior to its final completion on the Sunshine Coast.

The new development of 2,200sq m* featured eight industrial units, with seven having been leased prior to the construction work being completed, with the final one being leased immediately after completion.

The design of the development was very appealing to tenants with a wide return driveway, 10 roller doors, excellent natural light and ample on-site parking.

Whilst the development was designed for eight tenants, it has been leased to three, with the Sunshine Coast 2019 Small Retail Business Award winner Abide Interiors taking up 1,100sq m* as their furniture business continued to expand.

Sajani, a local one-stop-shop supplier to the ice cream/gelato industry, has also expanded to secure two of the tenancies with a 490sq m* area.

Ray White Commercial Noosa and Sunshine Coast North Property Consultants Matt Marenko and David C Smith at 21-25 Kerryl Street.

“We’ve seen a strong surge of business growth on the Sunshine Coast post-lockdowns with many businesses looking at expanding their businesses and optimizing their processes,” said Ray White Commercial Noosa and Sunshine Coast North Property Consultant Matt Marenko.

“The Sunshine Coast is continuing to grow and has been quite protected, and now with tourism kicking back in, the region is a hive of activity.”

“In my 40 years of working in the Sunshine Coast’s commercial market, I haven’t witnessed such a positive shift,” said Ray White Commercial Noosa and Sunshine Coast North Property Consultant David C Smith.

“The region feels like it’s now maturing into its own independent economy with the population growth driving more businesses to locate themselves here.”

*Approximately.