Commercial Real Estate Matters

Commercial Real Estate

Matters

MICHAEL SHADFORTH Ray White Commercial

North Coast Central

There has been a major shift in the commercial landscape across the Sunshine Coast with a number of key districts making significant changes to the cultural vision of the business community, impacting the demand for commercial real estate across the different industries. It’s an exciting time for vendors, buyers and lessors in being part of what will become known as a period of change for the Coast.

Maroochydore has been a key instrument of change in the way businesses have united to impress their vision of how they want the area to be identifiable with locals and visitors alike. Ocean Street and The Big Top have now become synonymous with retail food and beverage, and entertainment with low vacancy rates for tenancies. An increase in foot traffic to the once dismally quiet street, thanks to a concerted focus on increasing the retail sector, has refreshed confidence amongst the community as a whole.

Council’s announcement for long-term investment in Caloundra’s The Events Centre, will attract

It’s an exciting time for vendors, buyers and lessors in being part of what will become known as a period of change for the Coast

more interstate visitors and tourists, serving as a honeypot for business owners and investors. The inauguration of Caloundra’s new CBD Curator focused on revitalising the centre will attract the retail sector, while the industrial hub continues to take advantage of its easy proximity to the Bruce Highway. Additionally, Nambour is hot on the heels of its Coast cohorts with its draft Nambour Activation Plan to build on commercial, business and community, approved for community consultation. The Nambour tram project’s approval will only serve to contribute to rebuild this once cane-milling town with already low vacancy rates thanks to a concerted rejuvenation.

ABOUT THE AUTHOR Michael Shadforth, Managing Director of Ray White Commercial North Coast Central, has a proven history in sales, leasing, commercial projects and developments, offering strategic marketing solutions to ensure clients success.

Ground Floor Professional Suite in the Heart of Birtinya Birtinya, 2/8 Innovation Parkway • 376 m² ground floor office • A Grade commercial fit out • 9 x designated offices plus reception area • 1 x conference room plus kitchen • Mins to new Hospital Precinct • Lake views with exposure to Innovation Parkway

Lease Damien Poole 0414 457 022 damien.poole@raywhite.com Listing ID 1306658

Freehold Opportunity in Caloundra Caloundra, 85 Bowman Road • 320m² commercial building on 604m² block of land • Freehold with 12 metre street frontage to busy intersection • High profile location • Adjoining property being converted to a Medical Centre • In close proximity to McDonalds and other high profile businesses • Exclusive off street tenant/customer parking at the rear of the premises

Sale Damien Poole 0414 457 022 damien.poole@raywhite.com Listing ID 1321693

Modern Warehouse with Excellent Exposure Narangba, 4/1-3 Business Drive • 345m² modern industrial warehouse • High exposure to Boundary Road with provision for good signage • Electric roller door access x2 (container height) • Corporate style office split over two levels with board room and reception area • 5 exclusive car parks on site Option to split into 2 smaller tenancies if required.

• Main street frontage in the heart of Caboolture CBD • Secure internal lift access • Ducted air conditioning • Onsite undercover secure parking (lift access) • Kitchenette & amenities • Good signage potential

334m2 Professional Office Space Caboolture, 69 King Street

Stand Alone Strata Sale at 7.5% Mooloolaba, 172 Brisbane Road • Investment Opportunity • Been held by the current owner for 25+ year • 3 Tenancies with 2 Tenants • Located on busy Brisbane Road with easy access to the Motorway and Mooloolaba Shopping Strip

Sale & Lease Chris Massie 0412 490 840 chris.massie@raywhite.com Aaron Canavan 0447 744 948 aaron.canavan@raywhite.com Listing ID 1340938

Sale David C Smith 0412 712 680 davidcsmith.commercialsc@raywhite.com Listing ID 1166259

Retail / Office / Medical / Allied Health Yandina, 5 Conn Street • 3 x remaining tenancies approx 51.4sqm each • Can be leased individually or as a whole • Easy Access • Plenty of parking at rear

davidcsmith.commercialsc@raywhite.com David C Smith 0412 712 680 Lease Listing ID 1283353