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Overview
100% Leased Industrial Asset with National Anchor & $226,191 Net Income
This property presents a unique opportunity to acquire a fully leased, freestanding multi-tenanted industrial investment located in one of the Sunshine Coast's most strategic commercial precincts. Situated in Burnside, adjacent to the major regional hub of Nambour, the property benefits from excellent connectivity just minutes from the Bruce Highway, allowing for seamless access along the coastline.
Currently anchored by the national tenant Reece Plumbing, which has recently made significant upgrades to its premises, this asset combines the strength of a blue-chip covenant with the risk mitigation provided by five separate tenancies and staggered lease expiries. With a strong holding income and potential for rental growth, this property is an attractive investment for those seeking security, growth, and long-term stability.
Investment Highlights:
- 100% leased freestanding industrial investment
- 5 tenancies with staggered lease expiries, providing a diversified income stream
- Anchored by Reece Plumbing, an ASX-listed international tenant, which has recently invested in its tenancy
- Net Income: $226,191 per annum
- Rental rates are considered under market, indicating clear upside potential
- Total Net Lettable Area: 1,655m²
- Tenancy sizes range from 187m² to 711m²
- Substantial landholding of 4,018m²
- Constructed with durable tilt slab construction
- Zoned Medium Impact Industry
- Prominent corner position at Whalley Creek Close and Windsor Road
- Windsor Road serves as a key thoroughfare for the precinct
- Located centrally on the Sunshine Coast, adjacent to Nambour, a major commercial hub
- Minutes from the Bruce Highway, ensuring excellent regional connectivity
This auction presents a rare opportunity to secure a tightly held industrial asset on the Sunshine Coast, characterized by strong fundamentals, national covenant security, a diversified tenancy mix, prominent exposure, and tangible rental growth potential.
While every effort is made to ensure the accuracy and completeness of the property information provided, no guarantee is given. Buyers should independently verify all details, inclusions, availability, pricing, and other relevant information directly with the listing agent before relying on this information.
Change History
| Headline | When |
|---|---|
| SOLD AT AUCTION | |
| Auction In Room 17 April At 10am |
Location
Burnside QLD 4560
Measurements
| Type | Dimensions |
|---|---|
| Building Area Sqm | 1655 |
| Floor Area | 1655 m² |
Market Insights for Burnside QLD 4560
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