During the sales process we had a short term tenant in place. One of the terms of sale was that the new owner needed a long term tanant in order to purchase the property in their superfund.
We did an exstensive hunt for another tenant in the area & found one in the street who appreciated the enquiry, due to their need for additional storage. The new tenants were prepared to commit to a 1 year lease with a 1 year option.
This tenanted industrial shed with its 294m2 GFA, high ceilings and multiple access points proved the perfect fit for the eventual buyer. The new owners intend to occupy the premises in 1-2 years’ time as the shed is well ventilated, accompanied by multiple exclusive use parking spaces and is situated in a prime location.
Happy seller, happy buyer and happy tenant.
• Property type: Tenanted Industrial Warehouse
• Marketing Spend: $0
• Sale date: 10 July 2018
• Sale price: $285,000
• Building size: 294m2
• Mezzanine size: 35m2
• Agents
Emily Pendleton
0402 435 446
Michael Shadforth
0488981076
• Agents comments
“This affordable industrial shed located on Central Park Drive Yandina, was sold after an extended campaign through Ray White NCC. Through this campaign and negotiations, an outcome was reached that successfully served the interests of all parties.”
JUST SOLD – 1,5,37/5 Kayleigh Drive, Buderim QLD We are seeing a shift in demand across the Sunshine Coast Region. The Home Builder grant is driving “tradie” demand for sub-300m2 industrial sheds, causing a supply/demand discrepancy across most markets whilst local and national investors are buying sight-unseen tenanted properties across … Read more
JUST SOLD – 139 King Street, Buderim QLD Nestled on King Street with Buderim town centre less than 5 minutes away, and with both Mooloolaba and Maroochydore within a 10 minute drive, this property is in a prime location. The University, quality independent and public schools, and the new multi-billion … Read more