Savills News

Rare Opportunity Arises to Purchase Standalone Freehold Office in Cooroy on the Sunshine Coast

A freehold, modern, high spec building at 3-5 Myall Street in Cooroy, ideal for office or medical use, is available for purchase.

A freehold, modern, high spec building at 3-5 Myall Street in Cooroy, ideal for office or medical use, is available for purchase, in what represents a rare offering for the Sunshine Coast amidst current market conditions.

Located in the Business District of Cooroy, a fast growing railway town, the asset, which previously housed award-winning owner Ausmar Homes for approximately 20 years, has a sale price of $795,000 plus GST.

The recently renovated, standalone freehold building boasts a modern façade, standalone backlit pillar signage at its entrance and dual street access. Internally it features approximately 266sq m of corporate grade office comprised of a reception, five offices, a boardroom, and full amenities, in an open plan format.

Externally the property occupies approximately 792sq m of land flanked by allied health and medical tenants and benefits from close proximity to local amenities, including numerous cafes, restaurants and public transport options. It is securely fenced, has 10 on-site car parks, and is well-manicured with established gardens.

Savills Sunshine Coast Sales and Leasing Executive, Will Carman, who is marketing the property alongside Savills Peter Capps, said there are very few freehold offices currently available on the Sunshine Coast that match the standard of 3-5 Myall Street.

“Freehold office in general is extremely hard to come by on the Sunshine Coast at present, let alone of 3-5 Myall Street’s calibre, with the recent improvements made to the asset solidifying it as an A-grade office accommodation offering,” Mr Carman said.

“The property, with its impressive fitout, numerous features and great exposure, would be extremely well suited to professional businesses, the medical industry or owner occupiers,” he said.

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