Commercial lots are giving hinterland an economic boost

By Kirra Livingstone

THE Sunshine Coast’s hinterland is witnessing a surge in commercial real estate, fuelling growth across a broad spectrum of industries.

Nigel Irving, Colliers Commercial Sales and Leasing executive, is currently marketing industrial estate lots in Beerwah and Landsborough, areas increasingly attracting both emerging enterprises and established corporates.

Mr Irving noted, “We are observing a diverse mix of industrial users, ranging from sole traders to larger corporate entities. Investors are also drawn to the parks due to their future potential and the overall growth prospects of the area.”

He highlighted that the Beerwah business park has been thoughtfully designed to accommodate a wide range of industries, including manufacturing and professional services.

“Key drivers include convenient access to the M1 via Roys Road and the affordability of industrial land and units,” he added.

The newly established business park in Landsborough offers three sheds for lease, with sizes varying from 199.5 to 399 m² and a starting price of $29,925pa. Meanwhile, industrial units on Creek Crescent in Beerwah are for sale, from $540,930 for a 148m² unit, with larger units up to 533m² priced in excess of $1.7 million.

Mr Irving also observed that land sales in Beerwah have been robust, and he anticipates further growth as both owner-occupiers and investors begin to move into the area from early May.

The Rare Orchid Distilling Co owner, Jamie Jones, opened his business in the Landsborough industrial estate last September and now employs three staff.

Mr Jones, who produces his own gin on-site, also serves wood-fired pizzas and curated cheese boards to his patrons.

“We prioritise purchasing from local businesses – for example, we source a significant portion of our produce from a local macadamia nut farmer. When money circulates within the local economy, it benefits everyone,” he explained.

Mr Jones said that operating in the hinterland comes with distinct advantages.

“Working in a beautiful part of the world with a welcoming community, great summers and cool winters, is a real benefit,” he said.

“The location is also ideal – it’s just a short distance from Brisbane, with easy access via the highway and proximity to the train line. Moreover, it is considerably more affordable than many areas on the Sunshine Coast.”

In a recent transaction, Colliers facilitated the sale of lots 4, 5, 6, and 7/39 Coral Street in Maleny, securing high-profile tenancies at a total value of $3.7 million in February.

Millie Worcester, Colliers commercial sales and leasing executive said: “We executed an intensive on-market campaign that showcased the properties both individually and collectively to maximise exposure and foster competitive bidding.

“This approach generated 71 enquiries, resulted in the issuance of 68 Information Memorandums and received four offers, ultimately achieving a strong outcome.”

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