37 Coral Street, Maleny, QLD, 4552

$1,040,000
Sold on 10th September 2021
1518 SQM
Sold
industrial

Maleny Investment Property

37 Coral St

Zoning: District Center Zone

UNDER OFFER Conditional Contract in Place

Elevated position facing North only about 450 meters from the town center.
Securely leased with a quality tenant and a new 2 1/2 year lease in place.
Currently showing an approximately 6.5% nett yield, plus regular agreed increments.
The building is immaculately maintained well positioned and has appealing staff amenities. Ample parking and vehicle access.
Excellent single tenancy in place now, previously the building was originally 6 separate units. There are an ever-increasing variety of businesses operating in Coral St and it proves to be a popular business destination in the township.
The virtual tour provides for a convenient initial inspection, with physical inspections by appointment.
The building is approximately 300m2 and the land 1,518m2.


Property Details
Property Type: Commercial
Floor Area: 300 SQM
Land Area: 1518 SQM

Property Features
Solar Panels
Air Conditioning
Alarm System
Broadband Internet Available
Courtyard
Outdoor Entertainment Area

Property Location