J U S T S O L D - C A S E S T U DY
TYPE INVESTMENT
NLA 220M2
SOLD 12/03/21
ENQUIRY 8
OFFERS 3
SALE PRICE $467,000
MARKETING $700
YIELDS ARE STILL DROPPING
6/13-15 PACKER ROAD, BARINGA QLD 4551 As capitalisation rates continue to drop across the Sunshine Coast we are achieving higher rates per square meter leasing tenancies and then onselling to investors. The difference in rates can be as high as $400/m2. We are yet to see industrial rates drop below 6% but good leases, locations & tenants are all achieving under 7%. We are finding our vendors are happy to sell while the market is high and wait to see how it goes over the next year to see if they can pick up an investment with a higher yield.
SAMUEL HOY 0423 795 273
SALES & LEASING EXECUTIVE samuel.hoy@raywhite.com
If you have a lease that is more than 2 years old or a lease renewal that is coming up shortly, then reach out to our team to discuss the best options possible to capitalise on the current investment market. Samuel Hoy states “Investment stock is tight around Australia so yields are compressing through competition and lower interest rates. If you’re looking to sell within the next year, now is the time.”
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