Lots 2 & 3, 8 King Street, Buderim, QLD 4556

Investment | Retail | Offices

Sold

  • Property ID: 318379
  • Floor Area: 149m²
  • Land Area: 149m²
  • NBN Availability: Not Currently Available
Sold / Leased Results

Name Result Date Floor Land Result Price
Sold 16/01/2019 149m2 149m2 Contact Agent
Long Term, High Profile Tenanted Investment For Sale | King Street, Buderim

Emily Pendleton of Ray White Commercial Northern Corridor Group is pleased to present Lots 2 and 3, 8 King Street, Buderim as a tenanted investment for sale by Expressions of Interest.

The property is situated within a high profile, beautifully presented building with with strong visibility in a well-established commercial precinct. The premises forms part of the regions key retail centre with the likes of Century 21, Grant Smith Real Estate and The Coffee Club with ample onsite car parking.

Tenant: McGrath Real Estate Buderim
Operational: 5 years in this location
Lease Commencement: 8/7/2018
Lease Expiry: 7/7/2023
Option: 1 x 5 years
Increases: Fixed 2% increases each year
Current Net Rent: $86,718.00
Outgoings: 100% paid by the tenant

This property is being sold by the way of Expressions of Interest closing on Thursday 7 February 2019 4pm.

For further information or to arrange an inspection please contact Exclusive Marketing Agent Emily Pendleton on 0402 435 446.

Additional Information
Features
  • Zoning: Local Centre
  • Car Spaces: 4
Buderim Suburb Profile

Average Advertised Price
Property Type Price (m²) Rent (m²/p.a.) Yield
Industrial --- $154 ---
Retail --- $423 ---
Offices --- $327 ---
This is the average advertised price, rent and yield for Buderim, QLD 4556*

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.
Tools

  Ray White Commercial North Coast Central

 

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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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