SOLD
Sold on 13 Dec 2023 for $5,600,000

37 Page Street
Kunda Park QLD 4556

Bedrooms: -
Bathrooms: -
Car spaces: 8
Land area: 2196m2
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Property Details for 37 Page St, Kunda Park

Building Type
Commercial
Land Size
2196m2
Local Government
Sunshine Coast Regional
Lot/Plan
13/SP171065

Last Listing description (February 2019)

This site offers a dependable, long-term passive investment located in the industrial hub of Kunda Park on the Sunshine Coast.
Over two titles, the 4645sqm property is under a new 5 + 5 year lease with a multi-billion dollar ASX listed tenant.
Positioned only 5 minutes from the Bruce Highway, 10 minutes to the Maroochydore CBD and 65 minutes to Brisbane, the property offers strong capital growth potential as well as a net rental income of $278,428.

Highlights
* 5 + 5 year lease to ASX 200 listed national tenant(4.75 years remaining on current term)
* Net rent of $278,000 per year
* Two-titled, 4645 sqm site comprised of a 631 sqm office and warehouse and 3,383sqm of heavy load concrete hardstand.
* Site improvements constructed in 2007 and in good condition.
* Prime corner site with two broad hardstand crossovers on Page Street and Hooper Road.
* Easily managed, single tenant investment
* Lessee pays all outgoings (excluding land tax).
* Well-established tenant with 10 years on the property.
* Improvements include underground water treatment facility.
Enquire today for IM and further detaiils.
The vendors are motivvated to sell, and all offers will be considered.
Phone enquiries - please quote property ID 18838

Property History for 37 Page St, Kunda Park, QLD 4556

A timeline of how this property has performed in the market
Last Sold
$5,600,000
13 Dec 2023
  • 13 Dec 2023
    Sold for $5,600,000
  • 15 Mar 2019
    Sold for $2,035,000
  • 31 Oct 2017
    Listed for Sale Offers for Purchase
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About Kunda Park 4556

The size of Kunda Park is approximately 2.9 square kilometres. It has 7 parks covering nearly 26.2% of total area. The population of Kunda Park in 2011 was 27 people. By 2016 the population was 22 showing a population decline of 18.5% in the area during that time. The predominant age group in Kunda Park is 60-69 years. In general, people in Kunda Park work in a clerical occupation. In 2006, 42.9% of the homes in Kunda Park were owner-occupied compared with 25% in 2011..

Kunda Park has 723 properties. Over the last 5 years, Units in Kunda Park have seen a 42.97% increase in median value. As at 31 October 2024:

  • The median value for Houses in Kunda Park is $1,285,537 while the median value for Units is $649,570.
  • Units have a median rent of $25,410.
There are currently 8 properties listed for sale, and 7 properties listed for rent in Kunda park on OnTheHouse. According to CoreLogic's data, 30 properties were sold in the past 12 months in Kunda park.

Suburb Insights for Kunda Park 4556

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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.