68-70 Link CrescentCoolum Beach QLD 4573
Property Details for 68-70 Link Cres, Coolum Beach
Last Listing description (January 2022)
Very rare vacant industrial lot with holding income from long standing tenant.
- Land area: 2,767sq m*
- All services connected and approved for hardstand storage
- The property is leased to RPQ North Coast (asphalt company) being part of the Downer Group of Companies (Publicly Listed Company)
- 1 year lease expiring 31 July 2022
- 1 year option
- Current net rental: $47,055.30pa* + Outgoings + GST
68-70 Link Crescent, Coolum Beach hits the market when industrial land is at its lowest stock levels for decades. There is limited to no industrial land currently on the market for sale and it will stay like this for years to come.
The subject property presents a rare opportunity to purchase an industrial allotment located in the well-established Coolum Industrial Estate, which is has council approval for and is improved with hardstand qualities, being fully fenced and road base plus the property is leased to a quality tenant (part Public Listed Company) with strong holding income. The property presents a strong investment with redevelopment potential when required in the future for either an owner occupier or development for smaller sheds.
The subject property is to be sold as a going concern, given the existing lease in place.
For sale via Expressions of Interest Closing 4pm Thursday 9 December 2021
For further information contact exclusive marketing agent Scott Gardiner on 0415 679 112 or email sgardiner@savills.com.au
(*Approx.)
Property History for 68-70 Link Cres, Coolum Beach, QLD 4573
- 13 Dec 2021Sold for $1,310,000
- 16 Nov 2021Listed for Sale EOI Closing 4pm Thursday 9 December 2021
- 04 Dec 2020Transferred for $457,500
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0About Coolum Beach 4573
The size of Coolum Beach is approximately 27.3 square kilometres. It has 29 parks covering nearly 56.6% of total area. The population of Coolum Beach in 2016 was 8497 people. By 2021 the population was 9152 showing a population growth of 7.7% in the area during that time. The predominant age group in Coolum Beach is 50-59 years. Households in Coolum Beach are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Coolum Beach work in a professional occupation.In 2021, 66.90% of the homes in Coolum Beach were owner-occupied compared with 62.60% in 2016.
Coolum Beach has 6,453 properties. Over the last 5 years, Houses in Coolum Beach have seen a 84.97% increase in median value, while Units have seen a 99.32% increase. As at 31 December 2025:
- The median value for Houses in Coolum Beach is $1,527,423 while the median value for Units is $1,119,587.
- Houses have a median rent of $825 while Units have a median rent of $705.
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