Case Study - 12/24-26 Hancock Way, Baringa

Page 1

J U S T S O L D - C A S E S T U DY

TYPE INDUSTRIAL

NLA 288M2

SOLD 24/05/2021

D.O.M. 90

ENQUIRY 6

OFFERS 1

SALE PRICE $730,000

MARKETING $2,534

NO INVESTMENT STOCK

12/24-26 HANCOCK WAY, BARINGA QLD 4551 New owners have successfully purchased 12/24-26 Hancock Way, Baringa, after facing challenges that were overcome thanks to the Ray White Commercial team. Ray White Commercial agents noted that there was no quality investment stock available, with Sales and Investment Executive, Sam Hoy, saying despite the challenges enquiries and interest were high for this property. “Investors were coming in hot from southern states, showcasing confidence in the Sunshine Coast and Aura Business Park. We were able to provide an extended rental guarantee at 6%, with the owner able to hold rental guarantee, rather than settle for below par with the tenant,” said Mr Hoy. The quality industrial unit is based on one of the busiest roads in the Aura Business Park with desirable street appeal. The highquality units were constructed by an A-grade developer with a good tenancy mix within the complex, and a key front unit.

SAMUEL HOY 0423 795 273

SALES & LEASING EXECUTIVE samuel.hoy@raywhite.com

MICHAEL SHADFORTH 0488 981 076

DIRECTOR - COMMERCIAL PRINCIPAL michael.shadforth@raywhite.com

DAVID GOLDSWORTHY 0481 996 794

SALES & LEASING EXECUTIVE david.goldsworthy@raywhite.com

raywhitecommercialnortherncorridorgroup.com.au


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