Demand for high-quality industrial units on the southern Sunshine Coast is showing no sign of slowing down, with HM Developments’ latest project at Moffat Beach attracting waves of buyer interest.
Henzells Commercial Manager Paul Bell said industrial warehouses and sheds remained an attractive option for investors and owner occupiers across all market cycles due to excellent yields and strong capital growth, particularly in prime coastal locations.
Boutique industrial development 30 Ulm Street is a perfect example where just 2 of the 12 available units remain for sale.“These quality industrial sheds are a short stroll to local dining as well as having Moffat Beach and Kings Beach in close proximity. “60 minutes to Brisbane by car makes this the perfect location for work and play,’’ Paul said.
Prices are strong and have sold quickly due to their quality of design and inclusions, generous size of a minimum 75sqm and proximity to the popular tourism precincts of Moffat, Kings and Shelly Beaches.
Paul said typical buyers included people needing personal storage and owner-occupiers looking to run businesses or trades.
“They are enjoying the peace of mind knowing that capital gains will be exceptional with Moffat Beach land prices surging and the cost of construction not coming down,’’ Paul said.
30 Ulm Street industrial sheds are suitable for a variety of businesses and activities including food and drink outlet, trade supplies, service-related industry, indoor sport plus a range of low impact industry related businesses (STCA).
The quality tilt slab construction feature key design finishes including personnel access and automatic roller doors, set amidst architectural designed landscaping.
The remaining opportunities include a 75sqm industrial unit for $486,400 plus GST and a 96sqm unit comprising 76sqm industrial space and a 20sqm mezzanine for $595,000 + GST
Construction is due to commence in April and be completed by the end of the year.