WHAT’S YOUR NEXT MOVE?
KUNDA PARK
COMMERCIAL PROPERTY UPDATE
Adam Knight 62 Jame Street Kunda Park QLD 4556
THE TRENDS OF KUNDA PARK Dear Adam, As development continues to boom on the Sunshine Coast, the demand for small warehouses remains high. This interest is coming predominantly through the building industry requiring space for additional storage. As interest rates have remained low, yields have been dropping as low as 6% on industrial stock. Despite this, the investment market has remained strong with investors looking for security in tenants to counteract this drop in rental income. Vacancy for leasing remains scarce in Kunda Park with small sheds in particular being leased soon after hitting the market and remaining tenanted for extended periods. If you have a similar piece of stock and would like to have a confidential conversation about the potential your property could realise in the current market, we would be glad to take your call and/or arrange a sit down to discuss possibilities. Kind regards,
MICHAEL SHADFORTH 0488 981 076 C O M M E R C I A L P R I N C I PA L
EMILY PENDLETON 0402 435 446
SALES & LEASING EXECUTIVE
JORDAN HAYES 0417 999 331
SALES & LEASING EXECUTIVE
JULIE RYAN 0447 445 453
MAJOR ASSET SALES
ONE TEAM - THREE LOCATIONS
SUNSHINE COAST
MORETON BAY
PINE RIVERS
1/172 Brisbane Road Mooloolaba QLD 4557
3/125 Morayfield Road Morayfield QLD 4506
Level 1, 104 Gympie Road Strathpine, QLD 4500
T 1300 255 075 | F 1300 778 887
T 1300 255 075 | F 1300 778 887
T 1300 205 075 | F 1300 778 887
raywhitecommercialnortherncorridorgroup.com.au
2 ND QUARTER 2019