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…
Case Studies
Burns Centre 2, Lots 2, 3 & 4, 3 Burns St, Buddina
Highly Sought After Investment Leased to National Dental Group
‘Burns Centre 2’ comprises four strata titled single level lots in one line. Three of these Lots (2, 3 & 4) have been amalgamated and are currently being leased to National Dental Care (NDC Australia Pty Ltd) on a 5 year lease with a further 3 options of 5 years.
The location is second to none and is in close proximity to Kawana Shoppingworld and the Kawana Hospital Precinct.
This result was achieved after the owners invested in a comprehensive marketing campaign with enquiry both locally and from Brisbane.
The buyer was a Sunshine Coast investor who secured the property prior to auction.
A national tenant, the properties location and future redevelopment potential were the perfect mix for the purchaser.
| Sales Analysis* | |
| Method of Sale: | Auction |
| Marketing Time Frame: | 4 weeks |
| Sale Date: | 23/03/2016 |
| Total Enquiry: | 39 |
| Marketing Budget: | $13,305.00 |
| Sold: | Prior to Auction |
| Sale Price: | $1,700,000 |
| Tenanted Net Income: | $120,750 per annum |
| Yield: | 7.1% |
| Building Area: | 216m²* |
*approx
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