36 Central Park Drive

Yandina QLD 4561

Total building NLA: 3,125m*
Combined land area: 6,629m*
Brand new extended 5 year lease with options until 2038

Situated just off the Bruce Highway, this industrial tenanted investment is spread across two adjoining lots (each with their own title) and a combined land area of 6,629m*.

The expansive facilities are leased to a long term national tenant, returning a net income of $432,000 per annum net + GST. The tenant is a large and experienced operator in the food processing and consumer food products industry. Having invested over $6 million worth of improvements and infrastructure into the property, bolstered by a new lease, they plan to sustain continued growth within their Yandina facility.

PROPERTY FEATURES

Standalone tenanted industrial investment
Leased to a national tenant until 2038 including options
Spread across two freehold sites - each with its own title
Building: NLA 3,125m*
Combined land area: 6,629m*
The tenant has invested over $6 million worth of infrastructure and fitout to the site to facilitate long term growth
Newly signed lease extension of 5 x 5 x 5 years
Annual return of $432,000 + outgoings + GST
Improvements include but are not limited to a good mix of large open areas for production, air-conditioned offices, good staff amenities, large cold room and freezer storage, dry storage, despatch areas, essential service upgrades and ample hardstand
The property is fully fenced and secure

LOCATION

As the name suggests, 32-36 Central Park Drive is centrally located on the Sunshine Coast, providing excellent connectivity for logistics. The main connection points are the Bruce Highway M1 (4 minutes*), the Sunshine Motorway (16 minutes*) and the Sunshine Coast Airport (20 minutes*).

For more detailed information or to arrange an inspection, please contact Tallon Pamenter.

Offices in NOOSA, MAROOCHYDORE & CALOUNDRA

* Approx.