FOR SALE

38-40 Carlo Drive, Cannonvale, QLD 4802


FOR SALE - High Yielding Industrial Property -

Ray White Whitsunday is excited to be bringing this property to the market. The anchor tenant is a
well-established business that services a wide range industry including Accommodation (Whitsunday
Island Resorts, Airlie Beach and Cannonvale Hotels / Motels / Resorts), health and aged care and the
Food and Beverage industry.

Consolidated Linen Service (CLS) is a family-owned business that has been in operations since 1990.

They employ over 150 staff and service the region from Sunshine Coast to Whitsunday.

CSL acquired Barrier Reef Linen service in early 2020 and signed a fresh lease for 5 years with an
option for another 5 years.

Barrier Reef Storage Solutions offers the investor a diversified income from 16 Storage Sheds
included twelve (12) 3m x6m Storage Sheds with roller door access and four (4) 6mx9m powered
storage sheds with roller door and personal door access.

Barrier Reef Storage Solutions offers a variety of shed size, electric gate with PIN access and auto
gate opens on departure.

The property represents two lot titles with CLS occupying 1 ½ lots (approx. 3,000m2) and Barrier
Reef Storage Solutions occupying a ½ lot (approx. 1,000m2

Current total annual rent income is $ 273,250 plus GST. Two small sheds that are being leased by the
vendor will become vacant upon sale and will add further rent income of $5,280 pa plus GST.

Property Report is available upon request.

Contact Brett Dwyer 0447 583 759 [email protected]

or

Contact Mark Beale 0404 498 790 [email protected]

Property Info

Municipality
Cannonvale

NEARBY PROPERTIES

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