1/9-11 Newspaper Place Maroochydore QLD 4558

Industrial Warehouse/Office/Showroom Combo For Sale | Maroochydore

Emily Pendleton and Abi Rowlands from RWC Northern Corridor Group are pleased to present to the market 1/9-11 Newspaper place for sale. The property is located within the Maroochydore CBD industrial precinct and in the highly sought-after specialised industry zoning allowing for a multitude of business uses. The property has been split into three (3) tenancies and they are all rented with the larger tenancy on a flexible lease arrangement allowing for an owner-occupier to still secure the property and move their business in. Alternatively, it's a prime opportunity for an investor to secure strong holding income on a set-and-forget asset in a high-profile location. There is huge potential with this property as the rents are under where they need to be so the opportunity to grow the return in the future is massive.

FEATURES:
• 746m2 internal ground floor building area
• Additional unapproved office mezzanines areas
• Located at the front of the complex with ample signage exposure
• Ample exclusive car parks being the largest unit in the complex
• Three (3) separate tenancies all tenanted but part flexible if you want to occupy
• Underrented so value add potential for a savvy investor
• Highly desirable location on the fringe of the Maroochydore CBD
• Current net income: $104,685.89
• Outgoings: 100% payable by the tenants

For more information on this opportunity or to arrange an inspection, please contact our exclusive marketing agents Emily Pendleton or Abi Rowlands.