290 Wellington Bundock Drive, Kooralbyn, QLD 4285

Investment | Retail | Medical | Offices

Sold $1,800,000

  • Property ID: 258958
  • Floor Area: 723m²
  • NBN Availability: Service Available - Fibre to the curb (FTTC)
Sold / Leased Results

Name Result Date Floor Land Result Price
Sold N/A 723m2 N/A N/A
10.86% NET RETAIL SHOPPING CENTRE*

- Anchored by FOODWORKS EXPRESS plus PHARMACY, MEDICAL CENTRE and CAFE
- Available in one line or 7 strata shops.
- Passing income (2 Vacancies) $160,600 ($222/m2) with current occupancy 84.37% , fully leased $195,508 ($270/m2)
- CBRE Valuation completed for buyer funding as at October 2019: $1,800,000 to be purchased in one line. Can be purchased individually please contact agent for further information .
- Option to convert back to in one line retail centre and drastically reduce strata outgoings
- WALE 2.29 years based on income
- Option to owner-occupy one of vacant shops (fully fitted hairdresser + takeaway)

Owners will meet the market to sell this property in one line so don't delay submit your contract offer to the exclusive agent Silvio Bevacqua.

*Details in the IM to be provided to qualified buyers

Kooralbyn Suburb Profile

Average Advertised Price
Property Type Price (m²) Rent (m²/p.a.) Yield
Industrial $1300 --- ---
Retail --- $226 ---
Offices --- $205 ---
This is the average advertised price, rent and yield for Kooralbyn, QLD 4285*

Days on Market
Time between initial ad placement and the listing’s withdrawal

Days on Market data for Retail in QLD for Sale

The spread of Days on Market is summarised into 4 time-bands (or quartiles) for each segment.
Understanding market expectations is skewed towards examining changes in the shortest duration quartile (fastest 25%)

Transactions per Month

* Excludes, where applicable, GST, outgoings and incentives. Values calculated based on the prices advertised by the agencies that list their properties on Commercial Property Guide.

Property Detail Notes:

  • NBN Availability - Where this address stands within the nbn™ rollout. Possible statuses: Not currently available, Build preparation, Build commenced, or Service Available. Information provided by nbn™.
  • 3rd Party Content - The information displayed on this page is supplied by registered real estate agents and other third parties. For questions regarding the information that appears here please contact the agent that is listed.
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