J U S T S O L D - C A S E S T U DY
TYPE INDUSTRIAL
NLA 79
SOLD 08/02/21
ENQUIRY 3
OFFERS 1
SALE PRICE $153,000
MARKETING $0
MORE STOCK NEEDED - BROOKES STREET INDUSTRIAL PARK 27/20 BROOKES STREET, NAMBOUR QLD 4560
We are seeing a shift in demand across the Sunshine Coast Region. The Home Builder grant is driving “tradie” demand for industrial sheds, causing a supply/demand discrepancy across most markets whilst southern investors are buying sight-unseen tenanted properties across all sectors with particular interest in industrial assets, even with shorter-term leases with tight yields which means a premium price for the seller. This increased demand has led to the Brookes Street industrial complex being 100% sold, leaving us with no similar stock. We approached one of our owners last week to see if they were interested in selling their shed (Shed 27) as we had four buyers still wanting to purchase in the complex. We managed to secure a cash unconditional contract within 48 hours’ notice of the property being offered for sale, and the property is due to settle 21 days after. If you are considering selling your shed or are interested to know how the demand has increased the value of your property, please call Emily Pendleton to discuss as we urgently require more stock.
E M I LY P E N D L E T O N 0402 435 446
ASSOCIATE DIRECTOR emily.pendleton@raywhite.com
CHRISTINE FRENEY 0432 170 380
SALES & LEASING EXECUTIVE christine.freney@raywhite.com
raywhitecommercialnortherncorridorgroup.com.au