J U S T S O L D - C A S E S T U DY
TYPE INDUSTRIAL
NLA 290M2
SOLD 19/03/21
ENQUIRY 11
OFFERS 5
SALE PRICE $410,000
MARKETING $275
ANOTHER SALE FOR CENTRAL PARK DRIVE
3/39 CENTRAL PARK DRIVE, YANDINA QLD 4561 The successful sale of 3/39 Central Park Drive, Yandina comes off the back of the enquiry attained from our recent sale of the front unit (unit 1) in the same complex. This 290m2 strata unit is located in the tightly held Yandina Industrial Estate, located just off the Bruce Highway. Strong interest was seen from both investors and owner occupiers during the six week campaign. This sale provides further evidence of an increasing appetite for vacant properties with good features and the upwards trending demand for tenanted investments sub $500,000, mostly through superfund purchases. This property was sold to an owner occupier who will be operating their local business in this location. Emily Pendleton stated, “Competition is so strong, vacancy levels are so low and population growth projections are strong enough that even regional locations such as Yandina are showing positive growth in property values.”
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