506 Maroochydore RoadKunda Park QLD 4556
Property Details for 506 Maroochydore Rd, Kunda Park
Last Listing description (June 2024)
Ray White Commercial QLD and Ray White Commercial NCG are excited to present 506 Maroochydore Road, Kunda Park for Auction.
Located in arguably the Sunshine Coast's most established and central industrial precinct, Kunda Park, the property presents opportunist investors a freestanding warehouse within a high demand suburb. Maroochydore Road, the main thoroughfare connecting Bruce Highway and Maroochydore CBD, attracts 23,222 daily, allowing direct access to Brisbane and northern Sunshine Coast suburbs. The property is tenanted by Oxworks, a national business with multiple locations across Australia, with the lease expiring in 2025.
Key features of this opportunity:
• Nett $194,359.63* per annum
• 4,000m2* high exposure allotment
• 1,395m2* warehouse plus 100m2* mezzanine
• Securely fenced site with usable concrete hardstand
• 5 year lease term expiring 31/07/2025
• 2 x 5 year options with market reviews
• Uninterrupted free-span warehouse work area
• Drive thru / drive out truck access capability
• Medium Impact Industry Zoning
• Future development and expansion options (STCA) with only 35% site coverage
The property is offered for sale by Public Auction to be held Thursday 13 June at 3pm (AEST) at Level 26, 111 Eagle Street, Brisbane Qld 4000.
For further insights into this exceptional property, feel free to contact the market agents Michael, Samuel, Brocke or Michael.
Property History for 506 Maroochydore Rd, Kunda Park, QLD 4556
- 13 Jun 2024Sold for $3,525,000
- 21 May 2024Listed for Sale Auction Thursday 13 June
- 23 Mar 2020Listed for Rent - Price not available
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0About 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.
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