Savills list industrial facility in Kunda Park

An industrial investment in Kunda Park has been offered to market through Savills.

The 10 meter high span building with office space has been offered for sale fully leased.

Featuring a net lettable area of approximately 2,556 sqm, Heka Diprose Pty Ltd currently occupy Unit 1, 49 Enterprise Street, and are secured on a five year lease with a further four x five year options.

Set on a 3,156 sqm site, it is being offered for sale by Scott Gardiner and Jason O’Meara of Savills.

Director of Savills, Scott Gardiner, said the property ticks a lot of boxes for the current tenant, so he is expecting Heka Group will stay on a long term lease.

“This is a superb industrial investment opportunity zoned medium impact industry in the heart of the well-established Kunda Park Enterprise Estate,

“Properties of this size, scale and positioning on a solid lease rarely come to the market,” Mr Gardiner said.

The current net rental is $240,000 per annum, subject to annual rental increases of 3% with adjusted as at 1 August to $247,200 per annum.

The property was built in 2004 with high end industrial warehousing and office space across two levels, plus it has car parking accommodation for 26 vehicles.

Director of Savills, Jason O’Meara, said Kunda Park is a highly sought after location for investors and tenants, given its strategic location just west of the Bruce Highway and ease of access to key road links such as Maroochydore Road.

Improvements to the property include two x ten tonne cranes, large oven, spray booth, and a sand blasting room, plus strengthened mezzanine floor.

Neighbouring tenants include Toll, One Steel, Kelly Green Crane Hire, Stoddart Group, and Country Chef.