Concrete Design House has sold Unit 2 at 33 Enterprise Street in Kunda Park and sequentially purchased Unit 8 at 34 Page Street, also in Kunda Park.
Concrete Design House has sold Unit 2 at 33 Enterprise Street in Kunda Park on the Sunshine Coast to Dream Signs for approximately $280,000 and sequentially purchased Unit 8 at 34 Page Street, also in Kunda Park for circa $380,000, with Savills Peter Capps introducing the buyers to the properties on both occasions.
With a net lettable area of 199sq m, Unit 2 at 33 Enterprise Street is comprised of 159sq m of warehouse and 40sq m of air-conditioned mezzanine office. The extremely well exposed, tilt-panel strata with three phase power available, also features an electric 4m roller shutter with 6m internal clearance, three exclusive car parks, separate pedestrian entrance, and rear ventilation door.
The unit benefits from its Enterprise Street address which is well located within the Kunda Park industrial estate and occupies a position within the complex where dual signage fronts the busy street and maximum exposure is gained.
Savills Sunshine Coast Sales and Leasing Executive, Peter Capps who marketed Unit 2, said “Kunda Park is widely regarded as the best industrial park on the Sunshine Coast, largely due to its enviable location near the Bruce Highway interchange, the Sunshine motorway, Maroochydore CBD and the Airport.”
“It therefore came as no surprise that there was a high level of enquiry for the property, with the campaign producing 30 interested parties, and two offers, as well as a contract prior to the close of offers.”
He said the successful buyer, owner-occupier Dream Signs, were the perfect fit for the unit.
“Dream Signs saw great value in the tidy property, particularly the ability to build in under the mezzanine office which would accommodate for their laser cutting machinery.”
Mr Capps said following the sale of Unit 2 at 33 Enterprise Street, “Concrete Design House expressed interest in purchasing a larger facility within the immediate area and acting as owner-occupiers.”
Unit 8 at 34 Page Street in Kunda Park proved the ideal choice, with the 327sq m privately owned tilt-panel warehouse being marketed by Mr Capps’ Savills colleague, Jason O’Meara at the time.
The unit features on-site parking in addition to other more unique inclusions such as a 500kg under hook gantry crane and rail, and a council approved oil pit and separator. It also boasts an extremely healthy sinking fund, three roller shutters and newly constructed office space.
Mr Capps said the design, layout and size of the warehouse, combined with its Kunda Park location, were what ultimately appealed to Concrete Design House.
Savills Sunshine Coast Director, Jason O’Meara said Kunda Park is extremely tightly held at the moment, with the lowest vacancy rate seen in a decade.