OFF MARKET

37 Advance Road
Kuluin QLD 4558

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 1077m2
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Property Details for 37 Advance Rd, Kuluin

Building Type
Commercial
Land Size
1077m2
Local Government
Sunshine Coast Regional
Lot/Plan
23/RP161448

Last Listing description (November 2023)

37 Advanced Road, Kuluin offers a rare opportunity to acquire a freehold commercial building investment in one of the most tightly held industrial precinct.

Highlights of the opportunity include:
- 480 sqm* net lettable area on 1,077m2* in a tightly held industrial precinct

- Functional offices and warehouse
- Freestanding - no body corporate fees
- Opportunity to adopt a higher market rental
- Current lease month to month
- Opportunity for owner occupier to take possession of site.

The Kuluin industrial precinct remains highly sought after by both owner occupiers and tenants due to its central location within the Sunshine Coast and proximity to the Maroochydore CBD. Given the tightly held nature of the precinct, it is rare freestanding properties are offered to the market.

For Sale by Offers to Purchase over $1,200,000

For more information or to arrange an inspection please contact Nigel Irving or Ben Flower.

*Approx.

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Property History for 37 Advance Rd, Kuluin, QLD 4558

A timeline of how this property has performed in the market
Last Sold
$1,205,000
12 Oct 2023
  • 12 Oct 2023
    Sold for $1,205,000
  • 28 Aug 2023
    Listed for Sale by Offers to Purchase over $1,200,000
  • 16 Mar 1989
    Sold for $30,000

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About Kuluin 4558

The size of Kuluin is approximately 1.9 square kilometres. It has 9 parks covering nearly 11.4% of total area. The population of Kuluin in 2011 was 2,255 people. By 2016 the population was 2,366 showing a population growth of 4.9% in the area during that time. The predominant age group in Kuluin is 40-49 years. Households in Kuluin are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Kuluin work in a trades occupation. In 2011, 70.6% of the homes in Kuluin were owner-occupied compared with 72.4% in 2016.

Kuluin has 1,074 properties. Over the last 5 years, Houses in Kuluin have seen a 84.70% increase in median value, while Units have seen a 68.08% increase. As at 30 September 2024:

  • The median value for Houses in Kuluin is $901,700 while the median value for Units is $563,762.
  • Houses have a median rent of $685 while Units have a median rent of $260.
There are currently 9 properties listed for sale, and 3 properties listed for rent in Kuluin on OnTheHouse. According to CoreLogic's data, 47 properties were sold in the past 12 months in Kuluin.

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