4/19 William Murray Drive,
Cannonvale, QLD 4802
Shops & Retail • Warehouse, Factory & Industrial • Showrooms & Large Format Retail
Price information
Sold
$475,000
Key property information
Floor area
Car spaces
Zoning
Tenure type
Sold on
Map of 4/19 William Murray Drive
SOLD BY RAY WHITE - High Exposure - Prime Position - Solid Investment
This property is being sold for the first time in nearly 20 years and represents a great opportunity for an investor to buy this highly visible corner lot with frontage to Shute Harbour Road.
Located in Blue Bay Industrial Estate Cannonvale, the property is home to the Salvation Army Family Store who will be relocating in August 2022 as they are needing more space for their operations.
Ray White Whitsunday is presently advertising for new tenants, or now is the time for an owner operator to step in.
Features:
• 371 square metres (includes small office, and kitchenette)
• Fully Air conditioned,
• Both on street parking and three (3) exclusive use "off street car-parks"
• Rear access via fire door and roller door.
Return on Investment - (Based on current advertising for a new tenant)
Annual Rental Income $ 60,000 plus GST. (Inclusive of outgoings)
Less
Body Corporate Levies $ 14,907
Rates $ 2,868 $ 17,775
Net Return $ 42,225
Sales Value based on possible investment yields are as follows:
Yield 7.0% Sale Price $ 603,000
Yield 8.0% Sale Price $ 528,000
Yield 8.5% Sale Price $ 497,000
The vendor will consider all reasonable offers.
For more information contact:
Brett Dwyer 0447 583 7... brett.dwyer@raywhite.com
Mark Beale 0404 498 7... mark.beale@raywhite.com
Located in Blue Bay Industrial Estate Cannonvale, the property is home to the Salvation Army Family Store who will be relocating in August 2022 as they are needing more space for their operations.
Ray White Whitsunday is presently advertising for new tenants, or now is the time for an owner operator to step in.
Features:
• 371 square metres (includes small office, and kitchenette)
• Fully Air conditioned,
• Both on street parking and three (3) exclusive use "off street car-parks"
• Rear access via fire door and roller door.
Return on Investment - (Based on current advertising for a new tenant)
Annual Rental Income $ 60,000 plus GST. (Inclusive of outgoings)
Less
Body Corporate Levies $ 14,907
Rates $ 2,868 $ 17,775
Net Return $ 42,225
Sales Value based on possible investment yields are as follows:
Yield 7.0% Sale Price $ 603,000
Yield 8.0% Sale Price $ 528,000
Yield 8.5% Sale Price $ 497,000
The vendor will consider all reasonable offers.
For more information contact:
Brett Dwyer 0447 583 7... brett.dwyer@raywhite.com
Mark Beale 0404 498 7... mark.beale@raywhite.com
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Property ID: 504093367Last Updated: 18 Aug 2022
4/19 William Murray Drive
Cannonvale, QLD 4802
Ray White - WhitsundayShop 5, Reef Plaza, 16 Paluma Road
CANNONVALE, QLD 4802
CANNONVALE, QLD 4802
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