The 800sq m* building which currently has four titles, it is situated a 2,116sq m* corner allotment, centrally located within the highly sort after Caloundra Industrial Precinct and is fully leased to Niagara Furniture, Currimundi Auto Care and North Coast Upholstery.
The building comprises four separate 200sq m* sheds, all having drive-through access via garage roller doors with a bitumen driveway on each side of the building.
The site itself has dual street access both to Geoffrey Street and Deefa Street, with 5 driveway crossovers, including one in front of every garage doors to the individual sheds.
The deal was negotiated by Scott Gardiner and Will Carman of Savills Australia who said there were over 80 enquiries throughout the marketing campaign and16 registered bidders on the day.
Scott Gardiner, Savills State Director, Sunshine Coast, said “The property sits in one of Australia’s strong growth regions with major infrastructure projects such as the Sunshine Coast University Hospital, Oceanside Health Hub, and Aura Master planned Community all within close proximity”.
Will Carman, Savills Manager, Commercial Sales said, “1 Geoffrey Street is a prime industrial property opportunity which ticked a lot of boxes for the successful local investor who was looking for a solid investment in a high growth location”.
*Approximate