Established Sunshine Coast Investment | Strategic Location within Tightly Held Industrial Precinct
Description
CBRE is pleased to present to the market, Ampol Kunda Park located at 69 Enterprise Street, Kunda Park (Sunshine Coast) 4556 for sale via Investment Portfolio Auction 184.
The opportunity has the following investment highlights:
+Renewed five (5) year net lease to September 2028 plus one (1) further five (5) year option to 2033
+Ampol (ASX: ALD): ASX100 listed company with 1,800+ sites nationally and a 2026 market cap of $7.86 billion (1)
+The greater of CPI or fixed 2.75% reviews, ensuring continued income growth
+Set-and-forget lease structure, with Ampol responsible for 100% of outgoings, including land tax, excluding canopy insurance
+Dominant 1,305sqm* corner landholding zoned ‘medium impact’, with 67m* of frontage to Enterprise Street (2)
+Strategically located Ampol unmanned Truck Stop, positioned within immediate proximity to national retailers including Bunnings, Storage King, Mitre 10, and Total Tools within 2km* (3)
+Highly accessible industrial location, with direct access to Old Maroochydore Road (120,000+ vehicles passing weekly)
+Tightly held industrial precinct: Kunda Park, one of the most sought-after Sunshine Coast industrial precincts, with a record low industrial vacancy of 1.90% illustrating the strong underlying land value and future development upside (STCA) (4)
+ 24,160* vehicles and $36.73* million of fuel spend within a 5km* radius of the property (3)
+Importantly, for future development under the lease provisions, the tenant is responsible to monitor, maintain, service and remediate the site
+Sunshine Coast: one of Australia’s fastest growing regional areas with a population of 377,000+, forecast to grow by 33% to over 500,000 residents by 2041 (4)
+Net Income: $156,297 pa* + GST
For Sale via Investment Portfolio Auction 184
10.30am AEST Thursday 14 May 2025
Level 3, Waterfront Place, Brisbane City
Please contact the exclusively appointed sales team for more information
*Approx.
(1) Ampol
(2) Landchecker
(3) Gap Maps
(4) Sunshine Coast City Council
Enquire
Contact agents
Craig Chapman Senior Director
0427 110 132
Tom Lawrence Senior Negotiator
0428 626 117
Matt Smith Negotiator
+61 400 366 096Enquiry Form
Kunda Park, QLD
69 Enterprise Street
For Sale by Auction
This property is part of Portfolio 184
Price: Contact Agent
Contact agents
-
Craig Chapman Senior Director
0427 110 132 -
Tom Lawrence Senior Negotiator
0428 626 117 -
Matt Smith Negotiator
+61 400 366 096