Sam Raines and Tracey Ryan from RWC Noosa & Sunshine Coast are pleased to present 1/42 Owen Creek Road, Forest Glen to the market for sale.
This well-presented industrial building will be sold as a going concern, with leases in place all having final lease expiries in August 2024. The building is leased to a number of tenants, currently returning approximately $83,062.68 per annum + outgoings + GST.
PROPERTY FEATURES:
392m* total building area
Sold as a going concern
Currently returning $83,062.68 per annum + outgoings + GST
Road front exposure
High clearance warehouse
Fully air-conditioned, A-grade first floor office area
Exclusive use parking and undercover hardstand
Situated less than 1km* off the busy Bruce Highway, this high clearance warehouse is very conveniently located in the central Sunshine Coast Industrial precinct of Forest Glen, providing ease of access to all areas of the Sunshine Coast and beyond.
Call or email exclusive marketing agents Sam Raines or Tracey Ryan to inspect the property or for further information.
Our team is strategically located in offices across the Sunshine Coast to service your commercial property sales and leasing needs.
Offices in NOOSA, MAROOCHYDORE & CALOUNDRA
* Approx.
The size of Forest Glen is approximately 7.2 square kilometres. It has 3 parks covering nearly 2.7% of total area. The population of Forest Glen in 2011 was 790 people. By 2016 the population was 1,370 showing a population growth of 73.4% in the area during that time. The predominant age group in Forest Glen is 0-9 years. Households in Forest Glen are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Forest Glen work in a trades occupation. In 2011, 80.3% of the homes in Forest Glen were owner-occupied compared with 79.7% in 2016.
Forest Glen has 925 properties. Over the last 5 years, Houses in Forest Glen have seen a 49.93% increase in median value, while Units have seen a 77.85% increase. As at 31 October 2024:
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