income assured in quality premises · 2016-06-16 · kayak hire business at jetty 17. further...
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34 sunshinecoastdaily.com.au Thursday, June 16, 2016
Expressions of InterestClosing Thursday 14 July 2016 4pmDaniel McNamara 0417 642 965Brian Hodges 0419 355 394raywhitecommercial.com Property ID 1483220 *approx.Ray White Commercial Toowoomba
RWC7
12
Mortgagee in PossessionThree Development SitesChinchilla Lots 201, 202 and 204Ainsworth Street• Three land parcels• Lot 201: 1.84ha* previous DA for visitor
accommodation zoned ‘Rural’• Lot 202: 2.42ha* DA for 50 accommodation units and
50 visitor accommodation cabins zoned ‘Rural’• Lot 204: 1.33ha* previous DA for 58 unit motel zoned
‘Rural’• Services located on-site• Available individually, in one line or any combination
REAL ESTATE
designed and split into threeseparate warehouses whichprovide the purchaser withgreat flexibility in the futureto lease out to separatetenants individually orcombinations thereof.
It also provides thepotential future opportunityfor three separate units, of606sq m, 447sq m and226sq m respectively, on thecreation of strata titles.
A RARE opportunity topurchase a fully-leased,stand-alone industrialinvestment in the popularKunda Park precinct is nowavailable.
The 33 Page St propertyrepresents a freeholdinvestment and is beingexclusively offered for salewith Jason O’Meara andScott Gardiner of SavillsSunshine Coast.
“This is an outstandinginvestment opportunity in amarket where Savills iswitnessing strong pent-updemand from investorslooking for qualityproperties inwell-established and highlysought-after businesslocations such as KundaPark, which continues to
perform extremely well,” MrO’Meara said.
“It ticks all the boxes froman investment point of view,given the building’shigh-quality design andconstruction, secure andsuccessful tenant, and futurevalue-add potential.”
The 33 Page St property isfully leased to One StopKitchen Shop/One StopJoinery Qld, which has beenin occupation since 2006.
The tenant has athree-year lease to June 2017,with two further three-yearoptions.
Current income is $140,100per annum plus outgoingsand GST.
The stand-alone buildingcomprises a total of 1279sq mof lettable area on the
ground floor, includingwarehouse and awell-appointed reception andshowroom area.
In addition to this space,there is also qualitymezzanine executive officesand boardroom above theshowroom. This upper levelhas three to four offices aswell as toilet and kitchenamenities.
The property has been
Mr Gardiner said 33 PageSt was ideally positioned inthe centre of the SunshineCoast in a well-established,sought-after industrial estateproviding convenient accessto both the Bruce Hwy andSunshine Mwy.
“Page St is very welllocated and easily identifieddue to its prominentexposure within the KundaPark precinct and its access
from Pike St, adjoiningMaroochydore Rd, at theintersection adjacent to thePuma Service Station,” hesaid.
The property is offered forsale by way of offers topurchase closing at 4pm onThursday, June 30.
For further informationcontact Mr O’Meara on 0408087 868 or Mr Gardiner on0415 679 112.
AUCTION LOOMS: 33 Page St, Kunda Park, is offered for sale by offers to purchase closing on June 30. PHOTO: CONTRIBUTED
Incomeassuredin qualitypremises
for an undisclosed sum.Mr Petralia said the
488sq m tenanted site ofJetty 17 had been offered forsale for an extended periodby other agents and itattracted strong interestwhen listed with Ray WhiteCommercial Noosa andSunshine Coast North.
“This transaction onbehalf of local businessowners again confirms thevalue of these leaseholdriverfront sites,” he said.
“There were 40 inquirieson the property, includingsome from the people whohad looked at the PelicanBoat Hire site.
“However the purchaserwas a new inquiry that camefrom the marketingcampaign to highlight thisopportunity.
“This result shows thevalue of investing inadvertising when selling acommercial property.
“I had a number of
inquiries, where people whowere here on holidays sawthe print ads and sent theinformation to relativesand friends who liveinterstate.”
Mr Petralia said the newowner was relocating fromBrisbane and would beactively involved in therunning of the boat andkayak hire business at Jetty17.
Further inquiries to MrPetralia on 0414 812 719.
A NOOSA River jettyleasehold site and businessat Noosaville has changedhands for $1.2 million in adeal struck by Ray WhiteCommercial Noosa andSunshine Coast North.
The sale of Jetty 17, 248Gympie Tce, Noosaville, byJohn Petralia of Ray WhiteCommercial Noosa andSunshine Coast follows thesale by Mr Petralia earlierthis year of the nearbyPelican Boat Hire Business
TOURIST MECCA: Jetty 17, 248 Gympie Tce, Noosaville, wassold for $1.2 million. PHOTO: CONTRIBUTED
Investor splashes out on jetty venture
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RETAIL investments inSouthport Central Towerson the Gold Coast are indemand with two tenantedproperties sold by RayWhite Commercial for$1,534,000.
A sushi shop in a 106sq mground-floor tenancy with a43sq m outdoor area at Lot3007 in the complex atLawson St, Southport, wassold for $954,000 by TonyGrbcic of Ray WhiteCommercial GC South onbehalf of H&C RiversideInvestments Australia PtyLtd for a yield of 7.2%.
Adam Grbcic of RayWhite Commercial GCSouth sold the 59sq mtenancy with a 53sq malfresco area leased by a
real estate agency in Lot3018 on behalf of the samevendor for $580,000 and ayield of 6.2%.
“Both buyers were localChinese investors whopurchased on cashcontracts with 30 daysettlements,” Adam said.
“We have now completedfive recent retail investmentsales in Southport CentralTowers.
“We have also launchedLot 2011 which is a newtenanted investmentoccupied by Hot PotRestaurant on a newfive-year lease. Net rentalincome is $81,886 perannum.”
Tony said Lot 3007 andLot 3018 were both on
long-term leases andreturning net rental incomeof $68,320 and $36,000respectively.
“All of these investmentproperties are ideallysituated in the heart of theSouthport CBD,” he said.
“They are strategicallylocated between all majorservices and amenitiesand the Gold Coast Light
Rail network.”Further inquiries to
Adam on 0404 087 772 orTony on 0407 968 667.
SNAPPED UP: A sushi shop in a106sq m ground-floor tenancy with a 43sq m outdoor area in Southport Central Towers on the GoldCoast has sold for $954,000. PHOTO: CLARE SMITH
Demandfor shopsin centre
Thursday, June 16, 2016 sunshinecoastdaily.com.au 35
For sale by expressions of interest closing Tuesday, 21 June at 4pm
Development sitePart 65A–65C Stadium Dr, Coffs Harbour NSW• 2.1 hectares* of R2 Residential Land• DA Approved for 47 attached dwellings• 12 Stage approval providing delivery timeframe flexibility• Scenic outlook close to new medical facilities, University, TAFE and sporting grounds
02 4920 5700Michael Boom 0410 764 599Ross Cooper 0423 761 955View at KnightFrank.com.au/2943569
*Approx
MM
0938
84
Boundary indicative only
RWC6
96
21.68ha* Land Bankor Development SiteInnes Park Corner Innes ParkRoad and Back WindermereRoad• 15mins* from Bundaberg CBD• Ex-pastoral land approved for
residential development• DA for 204 lots (600m2* to 906m2*)
and OPW Lodged for Stage 1• In close proximity to Innes Park Golf
Club and Country Club, local shopsand beaches
Expressions of InterestClosing Tuesday 26 July 2016 4pmMark Creevey 0408 992 222Andrew Burke 0417 606 128raywhitecommercial.comProperty ID 1483686 *approx.Ray White Special Projects (QLD)
Coral Cove ResortCoral Cove Resortand Golf Cluband Golf Club
Innes ParkInnes Park
Elliott HeadsElliott Heads
Outline Indicative OnlyOutline Indicative Only
1300 173 366rednoseday.com.au
Purchase your favourite Red Nose Day productsat Big W, Target and other leading retailers or visitrednoseday.com.au
Friday 24th June
Commercial Property
REAL ESTATE
“It is a fantasticopportunity to position yourbusiness on Mooloolaba’stourist strip with thepremises located in one ofMooloolaba Esplanade’smost popular touristresorts, MooloolabaInternational, run by the
Mantra Group,” MsPendleton said.
The suite is available fornet rent of $46,500 perannum.
Further inquiries to MsPendleton on 0402 435 446,Mr Poole on 0414 457 022 orMr Stewart on 0423 422 480.
A COMMERCIALoffice/retail unit atMooloolaba is being offeredfor lease by Ray WhiteCommercial North CoastCentral and G1 Property.
The 62sq m suite in theMantra Arcade at 9/121Mooloolaba Esplanade,Mooloolaba, is beingmarketed by Ray WhiteCommercial North CoastCentral’s Damien Pooleand Emily Pendleton inexclusive conjunctionwith G1 Property’s BobStewart.
Mr Poole said the suitewas situated within thearcade leading to theMantra International.
“This property is exposedto dual entry points andhigh passing foot trafficfrom the Mantra hotel,” hesaid.
“The corner positionwithin the arcade, oppositethe busy O’Malley’s IrishPub, is surrounded by acomplimentary mix of retailand commercial outlets.
POPULAR PRECINCT: The 62sq m suite in the Mantra Arcade at 9/121 Mooloolaba Esplanade,Mooloolaba, is available for lease. PHOTO: CONTRIBUTED
Suite in prime position for foot traffic
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