A retail unit with Copy Wizz as an anchor tenant at Plaza Parade, Maroochydore has been sold by Emily Pendleton on a two week Expression of Interest Campaign.
The retail space attracted strong interest with 21 enquiries fielded during the marketing campaign due to its prominent location opposite the Sunshine Plaza and long term tenant.
There was a strong demand from investors for tenanted properties within the price bracket and the property was listed and sold within four days to a local private investor for a yield of 7%.
The modern 191m²* ground floor retail suite is situated in heart of the Maroochydore CBD precinct and boasts a professional fit out and onsite parking.
Emily Pendleton worked throughout the process to assist the buyer in compiling all relevant information, resulting in a positive outcome for all involved.
| Sales Analysis* | |
| Land Area: | Strata |
| Vendor: | Private |
| Sale Date: | 06/09/2016 |
| Yield: | 7% |
| Enquiries: | 21 |
| Sales Process* | |
| Process: | EOI Campaign |
| Marketing Time Frame: | 4 weeks allocated |
| Marketing Budget: | $0.00 |
| *Approximately | |
The Emily Pendleton Team at Ray White Commercial Northern Corridor Group is proud to announce the successful sale of Matso’s Brewery, Eumundi, one of the Sunshine Coast’s most iconic hospitality investments and a truly standout result for the region’s commercial property market. Formerly Joe’s Waterhole, a historic Queensland pub established in 1891, the property underwent … […]
JUST SOLD – 1,5,37/5 Kayleigh Drive, Buderim QLD We are seeing a shift in demand across the Sunshine Coast Region. The Home Builder grant is driving “tradie” demand for sub-300m2 industrial sheds, causing a supply/demand discrepancy across most markets whilst local and national investors are buying sight-unseen tenanted properties across all sectors with a particular … […]