33 Production Avenue, Warana
A LOCAL investor has expanded their commercial property portfolio by spending $1.705M on two tilt-up buildings on one title at 33…
Mixed Use in Moffat Beach – Shop and ‘Beach House’
The property is mixed use on one title with a commercial tenancy at the front of the property and a separate free standing residential house at the rear.
This fully leased property has been meticulously refurbished with dual incomes and no body corporate fees.
This result was achieved after the owners invested in a comprehensive marketing campaign with enquiry both locally and from Brisbane.
The buyer was a Brisbane based investor who identified the properties exceptional location in the tightly held Moffat Beach commercial precinct.
Also, the mixed use aspect was also appealing as it provides two income streams from the shop and residence.
| Sales Analysis* | |
| Method of Sale: | Auction |
| Marketing Time Frame: | 4 weeks |
| Sale Date: | 23/03/2016 |
| Total Enquiry: | 60 |
| Marketing Budget: | $10,244.00 |
| Sold: | Under the hammer |
| Sale Price: | $875,000 |
| Tenanted Net Income: | $57,566.42 per annum |
| Yield: | 6.6% |
| Bids Received: | 24 |
| Auction Attendance: | 4 Registered Bidders |
| Land Area: | 405m²* |
| Building Area: | 228m²* |
*Approx
A LOCAL investor has expanded their commercial property portfolio by spending $1.705M on two tilt-up buildings on one title at 33…
Caloundra, 87 Bulcock Street A freehold property located in Bulcock St, the retail precinct of the Caloundra CBD. Comprises of…