Property Description

For Sale - interest over $8,000,000 plus GST (if any)

With Silverdale continuing to boom, Bayleys Commercial is pleased to present to the market an exciting opportunity to secure a substantial industrial landholding with extensive exposure to the Hibiscus Coast Highway.

The property at 6 Titan Place and 44 Flexman Place comprises two freehold lots with a combined total land area of 11,140sqm.
Currently occupied by three tenants, being a car yard, a geofabrics company, and an equipment hire company, the site is predominantly a mixture of metalled and concrete yard space with a handful of small industrial buildings.

Access to the site is either via Flexman Place or Titan Place, and the property is visible to over 30,000 passing vehicles daily providing huge exposure. The property has excellent redevelopment potential and all of the leases contain redevelopment clauses, while a net return of $308,696pa provides an attractive holding income for developers, or land bankers.

The site is only a few hundred meters from Silverdale Village, Silverdale Centre, and the Silverdale Park'n'Ride, and is just a couple of minutes drive from the motorway on and off ramps.

Sites such as this rarely come to market and with minimal existing land remaining in the area opportunities such as this will become harder and harder to find in the future.

• 11,140sqm across two freehold sites
• Currently returning a net rental of $308,696pa + GST
• Massive exposure to passing traffic
• Huge potential for redevelopment or future owner occupiers

Call one of the sole agents today for an information pack and access to the property files. All inspections are by appointment only.