This high clearance industrial facility has been the home of this well established firm "Norfoam" for many years. The property is being offered for sale as a tenanted investment with a new 5 year lease commencing from 1st February 2020.
Rental: $172,000 pa net plus GST
Term 5 years
Land Area: 4,400m2
Zoned: Industry
Office Area: 42m2 approx
Warehouse Area: 1790m2 approx
The facility was specifically developed to suit the demands of Norfoam manufacturing with large gas tanks and water cooling systems for the manufacturing of foam products for the seafood and farming requirements.
The property allows for drive through capability with a full concrete hardstand.
The property is being offered to the market with an asking Price of $1.7M (10% Yield)
The size of Goondi Bend is approximately 2.5 square kilometres. It has 2 parks covering nearly 2.5% of total area. The population of Goondi Bend in 2016 was 594 people. By 2021 the population was 570 showing a population decline of 4.0% in the area during that time. The predominant age group in Goondi Bend is 10-19 years. Households in Goondi Bend are primarily couples with children and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Goondi Bend work in a labourer occupation.In 2021, 63.20% of the homes in Goondi Bend were owner-occupied compared with 61.80% in 2016.
Goondi Bend has 309 properties. Over the last 5 years, Houses in Goondi Bend have seen a 105.72% increase in median value, while Units have seen a 124.44% increase. As at 31 March 2026:
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