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148-150 Mark Road & 1 Lynne Street
Caloundra QLD 4551
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Sold on 29 Aug 2024

148-150 Mark Road & 1 Lynne Street Caloundra QLD 4551

  • Factory, Warehouse & Industrial
  • 1,360 m²
  • Sold

THREE ADJOINING FREESTANDING INDUSTRIAL INVESTMENT PROPERTIES | HEART OF CALOUNDRA MAIN INDUSTRIAL PRECINCT

  • 3 adjoining industrial properties
  • Total 1,360sqm* on 3,214sqm* land
  • Total Net Rental: $194,600pa* + GST

- 3 freestanding warehouse properties adjoining all being fully leased with strong rental income and short to medium term rental growth
- Fully leased to good mix of tenants
- Total land area: 3,214sq m* (across 3 titles)
- Total building area: 1,360sq m* (across 3 buildings)
- Total estimated net rental: $194,600pa* + GST per annum + GST
- 2 street frontage with drive through potential
- Tightly held location in the central Caloundra industrial precinct, located just off Caloundra Road and close to Caloundra CBD and major residential hubs
- Highly sought after and strong growth region, southern Sunshine Coast

148-150 Mark Road and 1 Lynne Street, Caloundra comprises 3 standalone fully leased industrial warehouse properties with a total building area of 1,360sq m* on a total land holding of 3,214sq m*

The owner is flexible with regards to selling all in one line or individually, with all offers requested for consideration. All properties are fully leased and if purchased together provides a substantial land parcel with multiple tenancies, 2 street frontage, including drive through access between Mark Road and Lynne Street.

148 Mark Road comprises of a 450sq m* standalone building on 1,101sq m* allotment, leased to Return It (Queensland) Pty Ltd on a 3 + 3 + 3 year
150 Mark Road comprises of a 490sq m* standalone building on 1,098sq m* allotment, leased to Ignite Martial Arts Academy Pty Ltd on a fairly new 5 year lease
1 Lynne Street comprises of a 420sq m* standalone building on 1,015sq m* allotment, leased to long standing tenant, The Render Centre Pty Ltd on a 3 year lease

To be sold all in one line or serious offers for individual titles will be considered.

For Sale Offers to Purchase closing 4pm Thursday 6th June 2024

For further information contact exclusive marketing agent Scott Gardiner on 0415679112 or email sgardiner@savills.com.au

(*Approx.)

Savills Sunshine Coast
Savills Sunshine Coast
Level 5, 26 Duporth Avenue
Maroochydore, QLD 4558

Property Highlights

Date Sold29 Aug 2024
Floor Area1,360 m²
Land Area3,214 m²
ParkingOn site parking available
Building TypeWhole building
Property ID2019208920
Category
Last updated  29 Aug 2024
Map for 148-150 Mark Road & 1 Lynne Street Caloundra QLD 4551
Savills Sunshine Coast
Savills Sunshine Coast
Level 5, 26 Duporth Avenue
Maroochydore, QLD 4558

Property Highlights

Date Sold29 Aug 2024
Floor Area1,360 m²
Land Area3,214 m²
ParkingOn site parking available
Building TypeWhole building
Property ID2019208920
Category
Last updated  29 Aug 2024

Listed by

More about 148-150 Mark Road & 1 Lynne Street Caloundra QLD 4551

148-150 Mark Road & 1 Lynne Street Caloundra QLD 4551 is categorized as Factory, Warehouse & Industrial Property. It has a floor area of 1,360 m² and a land area of 3,214 m². The listing ID for this property is 2019208920.

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