A high quality standalone showroom, administration and workshop facility with attractive holding income has become available for purchase in Nambour.
The 13,100sq m property located at 980 Nambour Connection Road is fully improved over two levels, including modern air-conditioned retail/sales showrooms, offices and training areas, factory space with 11 roller door access, plus large bitumen sealed hardstand display areas.
The property is being marketed by Jason O’Meara of Savills and Markus Eames of LJ Hooker Commercial via an Expressions of Interest campaign.
Director of Savills, Jason O’Meara, said the property presents a great future opportunity for an owner occupier, with the current leasehold due to expire in August 2020.
“The property is currently leased to All Class Machinery until August 2020, bringing in a steady income for the potential buyer, with the opportunity for the buyer to then relocate their own business into the facility once the current lease is up,” Mr O’Meara said.
The property is strategically located within a two minute drive to the Bruce Highway, and achieves a current gross annual income of approximately $300,000 plus GST.
The upper level of the building houses a 538sq m showroom, 451sq m administrative space, 230sq m of storage, plus a 371sq m all weather awning.
The lower level consists of a 302sq m office, 1,430sq m workshop, 665sq m awning, plus a 108sq m showroom and an additional 185sq m showroom.
“This is an impressive offering. The hardstand outdoor display yard areas are of huge benefit to the property and ultimately the end user of the facility.
“Plus, the well-appointed administrative areas, showrooms, and workshop which is equipped with an oil separator and compressor room, make it a solid investment opportunity,” Mr O’Meara said.
Mr Eames said there are very few (if any) properties of this nature on offer across the Sunshine Coast, particularly with owner occupation in mind in 18 months’ time.
“Located so close to the national highway and with massive improvements and fixtures and fittings this is a tremendous offering for buyers to seriously consider,” Mr Eames said.
The property has 93m street frontage to Nambour Connection Road, is fully secured, and has been raised above the Q100 flood line.
Expressions of Interest close at 12pm Thursday 28 March 2019.
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