WHAT’S YOUR NEXT MOVE?
KUNDA PARK
COMMERCIAL PROPERTY UPDATE
Adam Knight 62 Jame Street Kunda Park QLD 4556
THE TRENDS OF KUNDA PARK Dear Adam, As development continues to boom on the Sunshine Coast, the demand for small warehouses remains high. This interest is coming predominantly through the building industry requiring space for additional storage. As interest rates have remained low, yields have been dropping as low as 6% on industrial stock. Despite this, the investment market has remained strong with investors looking for security in tenants to counteract this drop in rental income. Vacancy for leasing remains scarce in Kunda Park with small sheds in particular being leased soon after hitting the market and remaining tenanted for extended periods. If you have a similar piece of stock and would like to have a confidential conversation about the potential your property could realise in the current market, we would be glad to take your call and/or arrange a sit down to discuss possibilities. Kind regards,
MICHAEL SHADFORTH 0488 981 076 C O M M E R C I A L P R I N C I PA L
EMILY PENDLETON 0402 435 446
SALES & LEASING EXECUTIVE
JORDAN HAYES 0417 999 331
SALES & LEASING EXECUTIVE
JULIE RYAN 0447 445 453
MAJOR ASSET SALES
ONE TEAM - THREE LOCATIONS
SUNSHINE COAST
MORETON BAY
PINE RIVERS
1/172 Brisbane Road Mooloolaba QLD 4557
3/125 Morayfield Road Morayfield QLD 4506
Level 1, 104 Gympie Road Strathpine, QLD 4500
T 1300 255 075 | F 1300 778 887
T 1300 255 075 | F 1300 778 887
T 1300 205 075 | F 1300 778 887
raywhitecommercialnortherncorridorgroup.com.au
2 ND QUARTER 2019
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24 TECTONIC CRESCENT, KUNDA PARK
5/31 ENTERPRISE STREET, KUNDA PARK
1/31 HITECH DRIVE, KUNDA PARK
• 500m²* of GFA on a 1,000m²* site • Established CBD location • Situated 4.7 kms from the Bruce Highway and 10 kms to the Sunshine Coast Airport • Tenanted since April 2017 responsible for 100% of the outgoings
• 278m²* • Clean and tidy concrete slab unit • Full height roller (4.2m²* high) • Personal door • Two exclusive use car parks • Easy access for trucks • Two exclusive use car parks
• 90m²* ground floor, open plan warehouse • High clearance roller & personal access door • 2 exclusive car parks • Includes bonus mezzanine • Internal amenities • 2 exclusive car parks • Located in the heart of Kunda Park
SOLD | Emily Pendleton
SOLD | Michael Shadforth | Emily Pendleton
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LEASED | Emily Pendleton
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14 PAGE STREET, KUNDA PARK
16 HITECH DRIVE, KUNDA PARK
5/33 ENTERPRISE STREET, KUNDA PARK
• Situated 4.7 kms from the Bruce Highway and 10 kms to the Sunshine Coast Airport • 506m²* of GFA on a 1,046m²* site • Tenant (Maroochy Mobile Mechanics) in place until 31 May 2020
• Situated 4.7kms from the Bruce Highway and 10kms to the Sunshine Coast Airport • 465m²* of GFA on a 1,041m²* site • Leased to a National Tenant who have occupied the building since 1995
• 159m²* ground floor, open plan warehouse • 25m²* air-conditioned office/mezzanine • High clearance roller door & personal access door • 3 Exclusive car parks
SOLD | Michael Shadforth | Emily Pendleton
SOLD | Emily Pendleton | Dwaine Bathern ED
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6/34 PAGE STREET, KUNDA PARK
1/106 ENTERPRISE STREET, KUNDA PARK
1-3 KESSLING AVENUE, KUNDA PARK
• 108m²* Ground Floor area • 35m²* of additional mezzanine • Clean & tidy industrial complex • High clearance roller door • Off-street car parking
• First unit in quite industrial complex • Area: 155m²* • 105m²* of warehouse • 50m²* of office space • Two 4.5 wide roller doors • Exposure and visibility from Enterprise Street • Reception area with glass sliding door
• Currently tenanted for $145,074 P/A • Under 10% site coverage • Unique ability to retain income and stage future development (STCA) • Premium industrial precinct close to Bruce Highway & Sunshine Motorway
SOLD | Michael Shadforth | Emily Pendleton
MICHAEL SHADFORTH 0488 981 076 C O M M E R C I A L P R I N C I PA L
LEASED | Michael Shadforth | Emily Pendleton
“Well connected and networked with the relevant customers to suit our business needs.” Mathew - Lessor
SOLD | Michael Shadforth | Jordan Hayes
Lovely manner, very professional, good listening skills, always contactable, good with follow up JORDAN HAYES 0417 999 331
SALES & LEASING EXECUTIVE
Lisa - Vendor
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2/29 KERRYL STREET, KUNDA PARK
4/7 ENDEAVOUR DRIVE, KUNDA PARK
• 408m²* building area with 6m+ ceiling height • 80m²* mezzanine office space with modern fit out • 2 offices with a reception area and lunch room • Ducted AC throughout mezzanine • Gated hardstand yard with alarm and cameras • 2.4m x 4m roller doors • High efficiency cost saving LED lights throughout
• 129m²* ground floor, open plan warehouse • Air-conditioned office and mezzanine storage space • High clearance automatic roller door • Personal access door • 3 exclusive car parks • Located in the heart of Kunda Park, just off Maroochydore Road with easy access to Sunshine Motorway & Bruce Highway
FOR LEASE | $110/m2 + Outgoings + GST Michael Shadforth | Jordan Hayes
FOR SALE | $280,000 + GST (if applicable) Emily Pendleton
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2/53 ENTERPRISE STREET, KUNDA PARK
12 PAGE STREET, KUNDA PARK
• 1,160m²* total floor area made up of 994m²* clear span warehouse and 166m²* office space • Office is fully air-conditioned with glass panel windows to view the shed • Two separate drive-ways • Drive-thru access in and out • Ample onsite car parking • Huge signage exposure on corner location
• 3 phase power & 4 high clearance roller doors • Grease trap / wash bay • High clearance • Plenty of hardstand • Car parking • 487m²* main shed & 75m²* front office
FOR LEASE | $127,495 P/A Net Emily Pendleton
FOR SALE | All Offers Considered Michael Shadforth | Jordan Hayes
Very professional and reliable. Understood my circumstances and followed through with solution EMILY PENDLETON 0402 435 446
SALES & LEASING EXECUTIVE
Wayne - Vendor
Julie is very extremely knowledgeable and professional, A1 service selling our property JULIE RYAN 0447 445 453
MAJOR ASSET SALES
George - Vendor
CASE STUDY
FAST FACTS
HIGH DEMAND ON YANDINA SMALL WAREHOUSES Unit 5 was quickly leased at 12 Dual Avenue, Warana with the demand for small warehouses in Warana and close to the Bruce Highway at an all time high.
• Property type: Warehouse Strata
The major development of the Sunshine Coast sees enquiry at extremely high levels from the construction industry needing warehousing with easy access to the highway.
• Listed date: 1 Aug 2019
Elite agent Emily Pendleton from Ray White Commercial Northern Corridor Group has a very qualified database of tenants actively looking to rent space in Yandina which meant it was leased within just 1 week! If you have a vacancy coming up for lease in Warana or would like to know what the increased market activity is doing to the value of your property call Emily Pendleton for an obligation free chat today.
• Address: 5 /12 Dual Avenue Warana QLD 4575 • Leased date: 5 Aug 2019 • Marketing Spend $0.00 • Inspections: 2 • Offers: 1 • Lease price: $12,429 P/A Net • Building 113m2
Emily Pendleton 0402 435 446 emily.pendleton@raywhite.com • Agents comments “Working with both the tenants and landlord, Ray White were able to work towards a solution that benefit both parties and achieve an excellent result with the property being rented in less than a week”.
ONE TEAM - THREE LOCATIONS
SUNSHINE COAST
MORETON BAY
PINE RIVERS
1/172 Brisbane Road Mooloolaba QLD 4557
3/125 Morayfield Road Morayfield QLD 4506
Level 1, 104 Gympie Road Strathpine, QLD 4500
T 1300 255 075 | F 1300 778 887
T 1300 255 075 | F 1300 778 887
T 1300 205 075 | F 1300 778 887
raywhitecommercialnortherncorridorgroup.com.au
2 ND QUARTER 2019