SOLD
Sold on 26 Apr 2024 for $2,200,000

2/236 Quanda Road
Coolum Beach QLD 4573

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 796m2
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Property Details for 2/236 Quanda Rd, Coolum Beach

Building Type
Commercial
Land Size
796m2
Local Government
Sunshine Coast Regional
Lot/Plan
2/SP323041

Last Listing description (September 2024)

A rare opportunity to secure 1956m2 of commercial space in Coolum Eco Industrial Park is on offer with the sale of three adjoining industrial sheds: buy one, buy two, or buy all three, in this prime location just minutes to the Sunshine Motorway; and importantly, they can be purchased as a tenanted investment or vacant possession on settlement.

Unit 2 comprises a total area including mezzanine of 792m2 consisting of: 32.8x22.7m workshop space, 15x3m multiuse mezzanine, dedicated office space, lunchroom, disability-friendly bathroom with toilet and shower, second separate toilet with basin, 9x3m storage, 4 x powered 4.8-metre high roller doors (2 at each end) offering east to west drive through capability, and 13 designated carparks.

Unit 3 comprises a total area of 751m2 including mezzanine, consisting of: 32.8x22.5m workshop with bathroom, powder room (2nd toilet) and kitchenette, 4.5x2.9m mezzanine/storage, 4 x powered 4.8-metre high roller doors, and 12 dedicated carparks.

Unit 4 comprises a total area of 413m2 including mezzanine, consisting of: 32.8x11m workshop space with bathroom, powder room (2nd toilet), 5.4mx2.8m lunchroom, 4x2.8m office, 17.8x2.9m mezzanine, five dedicated carparks, and an outdoor lunch area.

Unit 2 is leased until July 31, 2025, with current rent per annum of $100,440 (excluding GST and outgoings), with an annual rent review, and a 1 x 3 years option. Unit 3 and 4 are leased to the same tenant as Unit 2 with lease expiry on 31 July 2025, and annual rent of $149,800 (excluding GST and outgoings), also with a 1x 3 year option and annual rent review.

Less than 15 minutes to the Sunshine Coast Airport, 85 minutes to Brisbane Domestic and International Airport, and 95 minutes to the Port of Brisbane, and so close to the motorway; this estate is strategically located to benefit from proximity to major transport corridors.

Investors seeking a low maintenance investment with solid returns should take a serious look at this, it is money in the bank with minimal fuss or effort. It could be ideal to purchase via your self-managed superannuation fund, or equally attractive to an investor wanting to diversify and expand their portfolio.

Contact Agent for a copy of leases and other information; owner is motivated to sell, and this is one of the Sunshine Coast's most sought-after industrial parks, and a timely opportunity to secure as either vacant space or tenanted with income.

Summary of Features:

- 3 x industrial sheds in Coolum Eco Industrial Park
- Buy one, buy two, or buy ALL three: 1956m2 in total
- Can buy as leased investment or vacant possession
- All with 3-phase power, dedicated parking, mezzanines
- All leased until 31 July 2025 with 1 x 3 years option
- Quality tenant - caravan manufacturer, good returns
- Quick easy access to Sunshine Motorway & local airport

Property History for 2/236 Quanda Rd, Coolum Beach, QLD 4573

A timeline of how this property has performed in the market
Last Sold
$2,200,000
26 Apr 2024
  • 26 Apr 2024
    Sold for $2,200,000
  • 05 Dec 2023
    Listed for Sale FOR SALE

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About Coolum Beach 4573

The size of Coolum Beach is approximately 27.3 square kilometres. It has 29 parks covering nearly 56.6% of total area. The population of Coolum Beach in 2011 was 7,905 people. By 2016 the population was 8,493 showing a population growth of 7.4% in the area during that time. The predominant age group in Coolum Beach is 40-49 years. Households in Coolum Beach are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Coolum Beach work in a professional occupation. In 2011, 59% of the homes in Coolum Beach were owner-occupied compared with 62.6% in 2016.

Coolum Beach has 6,357 properties. Over the last 5 years, Houses in Coolum Beach have seen a 99.15% increase in median value, while Units have seen a 92.56% increase. As at 31 July 2024:

  • The median value for Houses in Coolum Beach is $1,360,530 while the median value for Units is $923,558.
  • Houses have a median rent of $750 while Units have a median rent of $650.
There are currently 58 properties listed for sale, and 14 properties listed for rent in Coolum beach on OnTheHouse. According to CoreLogic's data, 268 properties were sold in the past 12 months in Coolum beach.

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.