A mixture of investors and owner-occupiers are swooping on industrial units in Caloundra West, with an exciting new Exeter Way project already 50% sold while still under construction.
Five of the 10 brand-new medium-impact industrial units being built at 3-5 Exeter Way have been placed under contract, signalling growing confidence in the region according to Paul Bell from our commercial team.
“It is the first time in recent memory that a commercial development coming on line in Caloundra West has sold at such a rate off-the-plan,’’ Paul said.
“Business sentiment in Caloundra is strong, with the spike in commercial interest reflecting the growing confidence we are witnessing across all property sectors across the southern Sunshine Coast at present.”
Priced from just $265,000 plus GST, and ranging in size from 125sqm to 172sqm, the remaining units present a variety of options for commercial applications in one of the Sunshine Coast’s most sought-after industrial precincts.
“Situated in a dress circle industrial location, the tilt panel units feature concrete mezzanines and generous warehouse space at an attractive price point.
“Given the interest already shown, we would expect the remaining units to be snapped up pretty quickly,’’ Paul said.
He said Exeter Way was attracting interest from investors and owner-occupiers
“Today’s clients are more likely to think outside the box when making commercial property decisions such as unlocking their superannuation to invest, or buying in managed trusts.
“With predicted returns of approximately 6% on a $300,000 purchase at Exeter Way, it is being seen as quite an attractive investment.
“Another trend we are experiencing at Henzells is the rise of the owner occupier. Due to strong market confidence we are seeing more and more customers buying freehold space to run their own businesses, instead of leasing,’’ he said.
As one of the biggest and longest-serving commercial agencies on the Sunshine Coast, Henzells’ success is built on delivering outstanding results backed by unrivalled industry knowledge and a friendly, no-nonsense approach.
Henzells understands the unique demands of commercial property and has carefully selected the best agents in the field to provide the services you need to succeed.
Our personal approach, open communication, proven process and legislative experience can give you the winning edge.
For further information contact Paul Bell - M: 0400 711 969, T: (07) 5491 2000 or E: email@example.com.