CASE STUDY Rare Industrial Freehold Sale
14 DEPOT STREET, MAROOCHYDORE SOLD | $1,595,000
YIELD 4.2%
ENQUIRIES 31
NLA 695m2
OFFERS 3
The vendor's motivation for selling this property was due to the strong market conditions on the Sunshine Coast, particularly in the central Sunshine Coast region. Emily had looked after the leasing of the property for a number of years and we had been closely watching the market for the right time to sell the property. We had a few issues to overcome including a short WALE and the age of the building. An opportunity to purchase a freehold industrial property of this size is so rare in the current market and we were able to demonstrate this to the buyer and will now work with the buyer to secure longer term leases with existing and new tenants. REQUEST APPRAISAL HERE