COOLUM
Coolum Eco Industrial Park
DEVELOPMENT TRACKER
Development Tracker
MARKET SENTIMENT One of the major points in this month's piece is the comparison of Coolum land valuations to other areas on the Sunshine Coast. 120% growth in land valuations reflects the area's attractiveness for investment. However with good news, comes a dampener with land tax being one to look out for with investors in the area. Fraser Martin Sales & Leasing Agent
0423 273 438 fraser.martin@raywhite.com
Cory Hoy
The sales and leasing transactions provide valuable insights into the current market activity. The sale of the solar warehouse at 3/84-86 Link Crescent for $1.2 million indicates strong demand for commercial properties in the area. Additionally, the lease of 200m2 at 10/59 Dacmar Road for $190m2 demonstrates the competitive nature of the leasing market. The discussion about the prospect of an interest rate cut provides further context for the economic environment. It seems that various factors, such as stronger than expected US inflation data, residential housing price strength, and income tax cuts, are influencing the decision to maintain interest rates at their current levels.
Sales & Leasing Executive
0421 004 484 cory.hoy@raywhite.com
Overall, the continued strong enquiries and market activity suggest a positive outlook for The Coolum Eco Industrial Park and the broader Sunshine Coast industrial market.